ASE Group – Story Of A Chinese Semiconductor Company Founded By Two Brothers.
The ASE Group is also known as the Advanced Semiconductor Engineering Inc. Jason Chang and Richard Chang founded the company in 1984. ASE Group is a publicly-traded company that mainly provides independent semiconductor assembling and testing services. The company’s headquarters is based in Kaohsiung, Taiwan and it operates on a global scale. The ASE Group and the Siliconware Precision Industries (SPIL) decided to form a new holding company in 2016. While the companies retained their legal entities, management, and staff there was a change in their operating models and independent operations.
About ASE Group
Being a leading provider of independent semiconductor manufacturing services, ASE Group offers turnkey solutions for front-end engineering tests, IC packaging, design of interconnect materials, etc. The entire process of semiconductor manufacturing consists of several steps, and among them, ASE is capable of a front-end engineering test, water probing, packaging, and final testing. ASE has a team of highly experienced and skilled engineers to strive to conduct rigorous research and develop the most advanced assembly technologies. To date, the company has 18 smart factories and 48,000 employees worldwide.
A Brief History Of Tthe ASE Group
Jason Chang and his brother Richard Chang founded the ASE Group in 1984. They established their first plant in Kaohsiung, Taiwan. Currently, Jason Chang serves as the Chairman of the company. The company had crossed several big marks in due time and became the world’s largest provider of independent semiconductor test manufacturing services and assembly. In 2018, Advanced Semiconductor Engineering Inc became a part of the ASE Technology Holding Company Ltd and it is listed both on NYSE and Taiwan Stock Exchange.
Before the company went into a joint venture with SPIL, ASE Group’s market capitalization summed up to $8.77 billion. Last year, the company established its first 5G mmWave smart factory. ASE Group is very much focused on creating a sustainable environment and it has also won various awards for sustainability. A few months ago, the company achieved the 20 million tons mark of saving water with its water management strategy.
Advanced Technologies And Sustainability
ASE Group is the largest company on a global scale for independent semiconductor manufacturing tests and assembly. The company was able to reach the top with its leading advanced technology and volume production. ASE Group has developed advanced packaging technologies with the time that can be used for electronics packaging over a broad range of sectors from healthcare to smart homes. Some of these technologies are Fan Out Packaging, System-in-Package, 2.5D & 3D, etc.
Pledging towards developing a greener environment is becoming a common goal for every industry. ASE Group is continuously engaged in finding ways to optimize waste generation and minimize greenhouse gas emissions along with recycling as many resources as possible. Since 2012, ASE has been making improvements to its existing facilities and also constructing new manufacturing facilities maintaining the international Green Building Standards. ASE Group currently has 18 smart factories and one of them became the world’s first semiconductor packaging plant to get a certification of low carbon building. Five times in a row, ASE became the industry leader in the Dow Jones Sustainability Indices. Also, ASE continuously associates with various NGOs, academic institutions, government, and other stakeholders of the company for supporting social development.
About The Founders
Jason Chang is a Taiwanese/Singaporean billionaire according to the Forbes 2020 billionaires list ranked 836. Jason Chang is an electrical engineer who completed his education at National Taiwan University followed by the Illinois Institute of Technology. He is the recipient of the Semiconductor Equipment and Materials International SEMI Award (2015).
Richard Chang is the Vice President of Advanced Semiconductor Engineering. His total worth is approximately $6 billion. He is also an investor who along with Jason Chang is investing in Sino Horizon (a Chinese real estate developer).
Annasha Dey is an NIT student, who apart from studying engineering is also a content writer. She has a great interest in photography, writing, reading novels, and travelling as well. She is a foodie who loves socializing and hanging out with her friends. She is also a trained Kathak dancer and a big fashion enthusiast. Dey also loves watching TV series, which includes F.R.I.E.N.D.S. and Big Bang Theory. To be a better writer she prefers to read more