ASE's China divestment to upgrade portfolio: analysts
ASE Technology Holding Co’s (日月光投控) proposed sale of some Chinese subsidiaries is expected to affect its overall revenue in the near term, but would help optimize its product portfolio in the long term, analysts said last week. ASE is the world’s largest chip packaging and testing company. Its products include wire bonding, flip chip, system-in-package (SiP) solutions and broad-based electronics manufacturing services. The company on Wednesday announced that it is planning to sell its shares in Global Advanced Packaging Test (Hong Kong) Ltd, ASE (Weihai) Inc (日月光半導體å¨...