Rumor: Powertech, Taiwan’s 2nd biggest chip packaging firm, bought a factory site from Bridgestone (Taiwan) for NT$5.72 billion (US$180 million) to expand capacity for FOPLP (Fan-out Panel-Level-Packaging) advanced packaging, media report, noting Powertech has denied the rumor. Bridgestone is closing its Taiwan operations, prompting speculation on a buyer, due to heavy demand by chip makers to acquire factories and land for expansion. Powertech bought 1 plant last year and another the year before, while a subsidiary, TeraPower, also bought one. #Powertech #Bridgestone $5108TO $6239TW #semiconductors #semiconductor
Source: Dan Nystedt
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