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Technology Stocks : ASX - Chip Packaging and Testing
ASX 18.27+3.5%Jan 12 3:59 PM EST

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To: tech101 who wrote (19)9/12/2003 2:12:22 AM
From: tech101  Read Replies (1) of 58
 
ASX News

by: jtz10718954
Long-Term Sentiment: Strong Buy 09/05/03 04:26 pm
Msg: 496 of 499

ASX NEWS

K.J. Chin, President of ASE Greater China said, "We are continuing to expand our production capabilities, to offer services for high end products for our customers. The K&S Maxum wire bonder is key to our success in this market." Chin also stated, "Part of our on-going expansion plan is the purchase of K&S Maxum machines, which we selected for their fine pitch capability, stability, and the highest throughput in the marketplace. The K&S Maxum machines will be part of our showcase line for our customers demanding the highest quality PBGA packages."

Tien Wu, President of ASE Americas, Europe and Japan commented, "The driver of our group's rapid growth is the increasing demand for leading-edge packaging and testing services. Our strong business momentum is attributed to the group's core assembly technologies & services, one of which is our fine pitch wire bonding service. ASE is now the proven leader in fine pitch bonding technology with the world's largest capability with over 3,500 fine pitch wire or ball bonders at our customer's perusal. This purchase again strengthened our position among our competitors in this service segment and helps satisfy the increasing high-end demand of our customers."

Jack Belani, Vice President of Marketing at K&S, further commented on the order from ASE, "ASE's plans to upgrade the facilities have provided K&S with an excellent opportunity to expand our market share, while increasing the overall leading-edge capacity at ASE. We are very pleased to win this business and receive these orders."
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