Strategic alliance to deliver turnkey services to MOSFET, Power IC and Discrete customers

TAIPEI, Taiwan, Feb. 23 /PRNewswire-Asia-FirstCall/ -- Advanced Semiconductor Engineering, Inc. (NYSE: ASX; TAIEX: 2311, 'ASE' or the 'Company') and Advanced Microelectronic Products, Inc. (TAIEX: 6287, 'AMPI') announced today the signing of a memorandum of understanding (MOU), indicating their intent to enter into a strategic alliance focused on providing semiconductor manufacturing turnkey services for customers in the MOSFET, power IC, and discrete markets.

Further intent of this strategic relationship is to provide seamless manufacturing services to turnkey customers through the alignment of ASE and AMPI's IT infrastructures and systems, co-development of process and product related technologies, as well as joint marketing programs. In addition, both parties are committed to the future cooperation in and collaboration on continuous quality improvement, and enhanced support and services.

'Forming this strategic alliance with AMPI strengthens ASE's position while expanding our footprint in the MOSFET, power IC, and discrete markets,' said Dr. Tien Wu, chief operating officer, ASE Group. 'ASE has significantly escalated our discrete manufacturing capabilities, and this MOU with AMPI accentuates our solid commitment to customers seeking a complete turnkey service, as well as faster time-to-market.'

'We're excited to form a strategic partnership with ASE, the world's largest provider of independent semiconductor manufacturing services in assembly and testing. Working closely together, this MOU will enable both companies to offer extremely competitive integrated power semiconductor manufacturing services in terms of cost, time to market, cycle time, and technology,' said Dr. Hong Yuan Chen, president, AMPI. 'AMPI has recently become a Hong Hai Group invested company and formed strategic alliance with Advanced Power Electronics Corp (APEC). Hong Hai is the world's largest Electronics Manufacturing Service (EMS) provider, and APEC is Taiwan's leading power MOSFET design house. This further alliance with ASE marks an important milestone for AMPI, as it marks the completion of our vertically integrated manufacturing strategy in power semiconductors. Through such vertical alliances platform, we will offer the most complete, flexible, and customer oriented 'one-stop' and value-added services and solutions to our customers.'

About ASE Group

The ASE Group is the world's largest provider of independent semiconductor manufacturing services in assembly and test.