|
The
rivalry over SPIL, the industry's third-largest packager, comes
as companies in the chip industry seek to overcome the
technological challenges raised by the Internet of Things, where
everyday products are monitored and controlled online.
Chip packaging firms have also been developing technologies for
smart wearables, in which chips that power such gadgets are
packed into smaller and smaller spaces.
In a joint stock market filing with SPIL, Hon Hai, the world's
largest contract electronics maker, said it would buy the 21
percent stake in SPIL via a share swap. It did not disclose a
value for the deal or say when it would close.
Last week, Advanced Semiconductor Engineering Inc (ASE), the
world's largest chip packager and tester, said it would buy up
to 25 percent of SPIL stock on the open market. ASE is a key
supplier for the Apple Watch.
Executives at ASE could not be reached for comment on the Hon
Hai deal.
(Reporting by Michael Gold; Editing by Miral Fahmy)
[© 2015 Thomson Reuters. All rights
reserved.] Copyright 2015 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
 |
|
