ASE Technology: Subsidiary Taiwan Fulee Electronics Acquires Right-of-Use Assets for Property in Kaohsiung to Expand Testing Capacity
Taiwan Fulee Electronics, a subsidiary of ASE Technology, has entered into a lease agreement with related party ASE Semiconductor Manufacturing to acquire right-of-use assets in Kaohsiung for semiconductor testing capacity expansion. The total value of the right-of-use assets is approximately 149 million NTD. The lease was determined based on professional appraisal.
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- 📰 Published: May 26, 2026 at 06:31
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Announcement Date: May 25, 115 (Republic of China calendar)
Company Name: ASE Technology Holding Co., Ltd.
Summary: Announcement regarding subsidiary Taiwan Fulee Electronics Co., Ltd.'s acquisition of right-of-use assets from related party ASE Semiconductor Manufacturing Co., Ltd.
Details:
1. Target Property: Floors 6 at No. 2 Keji Rd. (K25-6F) and Floors 12 at No. 109 Neihuan N. Rd. (K7-12F), Nanzi District, Kaohsiung City.
2. Transaction Details: Total building area is approximately 13,586.02 square meters. Monthly rent is 2,629,348 TWD (tax excluded). Total value of right-of-use assets is 148,682,691 TWD (tax excluded).
3. Relationship: Taiwan Fulee Electronics is a 100% owned subsidiary of ASE Semiconductor Manufacturing.
4. Purpose: Expansion of testing capacity.
5. Pricing Basis: Determined based on assessments by a professional appraisal firm (Cushman & Wakefield/Dai De Liang Hang) considering surrounding market rental cases.
6. Approval: Approved by the Board of Directors and Audit Committee of Taiwan Fulee Electronics on May 25, 115.
Company Name: ASE Technology Holding Co., Ltd.
Summary: Announcement regarding subsidiary Taiwan Fulee Electronics Co., Ltd.'s acquisition of right-of-use assets from related party ASE Semiconductor Manufacturing Co., Ltd.
Details:
1. Target Property: Floors 6 at No. 2 Keji Rd. (K25-6F) and Floors 12 at No. 109 Neihuan N. Rd. (K7-12F), Nanzi District, Kaohsiung City.
2. Transaction Details: Total building area is approximately 13,586.02 square meters. Monthly rent is 2,629,348 TWD (tax excluded). Total value of right-of-use assets is 148,682,691 TWD (tax excluded).
3. Relationship: Taiwan Fulee Electronics is a 100% owned subsidiary of ASE Semiconductor Manufacturing.
4. Purpose: Expansion of testing capacity.
5. Pricing Basis: Determined based on assessments by a professional appraisal firm (Cushman & Wakefield/Dai De Liang Hang) considering surrounding market rental cases.
6. Approval: Approved by the Board of Directors and Audit Committee of Taiwan Fulee Electronics on May 25, 115.
FAQ
What is the ASE Group's recent move in Kaohsiung?
Their subsidiary, Taiwan Fulee Electronics, has leased a facility from the parent company to expand testing capacity.
Why Kaohsiung?
Kaohsiung serves as a major hub for their operations, making it essential to maintain and strengthen supply chain efficiency.
What does this investment signify?
It represents a strategic intra-group facility optimization to meet robust demand for semiconductor testing.