Scientech Announces Acquisition of Sunpower Technology to Expand in Advanced Packaging Market
Semiconductor equipment leader Scientech (3583) has decided to acquire a 60% stake in Sunpower Technology for 252 million TWD. The move aims to scale operations in the heterogeneous integration advanced packaging market through a three-way strategic alliance with Sun-Tai.
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- 📰 Published: May 19, 2026 at 06:31
- 🔍 Collected: May 19, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 19, 2026 at 06:41 (10 min after Collected)
Scientech Corporation (Stock Code: 3583), a major provider of semiconductor manufacturing equipment and reclaimed wafers, announced on May 18, 2026, that its Board of Directors has approved the acquisition of common shares in Sunpower Technology Co., Ltd.
Transaction Details:
- Target: Sunpower Technology Co., Ltd. Common Stock
- Quantity: 2,100,000 shares
- Unit Price: 120 TWD
- Total Amount: 252,000,000 TWD
Following this transaction, Scientech will hold approximately 60% of Sunpower Technology's shares. The transaction price was determined through negotiations within a reasonable range certified by independent experts, taking into account Sunpower's recent audited financial reports and future industry development trends.
The strategic objective of this acquisition is to form a three-way alliance among Scientech, Sun-Tai, and Sunpower. This partnership is designed to expand their combined market scale in the Heterogeneous Integration Advanced Packaging sector, a critical growth area for the semiconductor industry.
Financially, the transaction represents 0.91% of Scientech's total assets and 3.30% of the equity attributable to owners of the parent company based on the most recent financial statements. The Board and Audit Committee approved the acquisition on May 18, 2026.
Transaction Details:
- Target: Sunpower Technology Co., Ltd. Common Stock
- Quantity: 2,100,000 shares
- Unit Price: 120 TWD
- Total Amount: 252,000,000 TWD
Following this transaction, Scientech will hold approximately 60% of Sunpower Technology's shares. The transaction price was determined through negotiations within a reasonable range certified by independent experts, taking into account Sunpower's recent audited financial reports and future industry development trends.
The strategic objective of this acquisition is to form a three-way alliance among Scientech, Sun-Tai, and Sunpower. This partnership is designed to expand their combined market scale in the Heterogeneous Integration Advanced Packaging sector, a critical growth area for the semiconductor industry.
Financially, the transaction represents 0.91% of Scientech's total assets and 3.30% of the equity attributable to owners of the parent company based on the most recent financial statements. The Board and Audit Committee approved the acquisition on May 18, 2026.
FAQ
What is the scale of Scientech's investment?
It is a majority investment of 252 million TWD, acquiring approximately 60% of Sunpower Technology's shares.
What is the relationship with 'Sun-Tai' mentioned in the news?
Sun-Tai is a strategic partner forming a three-way alliance with Scientech and Sunpower to expand in the advanced packaging market.
What is heterogeneous integration packaging?
An advanced technology that integrates different types of chips into a single package, essential for high-performance AI chips.