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SPIL sells factory to lab-service company IST

Taiwanese Integrated Service Technology (IST), a company offering verification and analysis services to the IC engineering industry, has acquired a factory owned by Siliconware Precision Industries (SPIL).
IST reportedly payed USD 12.9 million for the IC back-end solutions provider’s factory, according to an article in DigiTimes citing a filling with the Taiwan Stock Exchange.

IST acquired the factory – Hsinchu Science Park, norther Taiwan – along with the equipment and cleanroom facilities with the purpose of being able to respond to long-term business development, and to fill its expansion needs, the report continues.
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November 15 2018 5:25 pm V11.9.0-1