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ASE BUYOUT PLAN NOT AIMED AT LIFTING CHINA INVESTMENT: CHAIRMAN.
Publication: AsiaPulse News Publication Date: 29-NOV-06 |
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COPYRIGHT 2006 Asia Pulse Pty Ltd
TAIPEI, Nov 29 Asia Pulse - Advanced Semiconductor Engineering (ASE) chairman Chang Chien-sheng said Tuesday his company has accepted a foreign group's buyout offer but "definitely not because we want to increase investment in China."
ASE made the decision mainly to keep abreast of a world trend in which semiconductor businesses are integrating to increase the industry's economic scale, Chang said after meeting with Minister of Economic Affairs Chen Ruey-long.
Chang and Gregory Zeluck,...
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