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ASE and SPIL Discuss Holding Company

Following the failure of takeover talks earlier this year (ASE Fails in SPIL Bid), Advanced Semiconductor Engineering and Siliconware Precision Industries are discussing the possibility of forming an industrial holding company.

Both companies have made separate filings with the Taiwan Stock Exchange. ASE says that it has talked to SPIL and opinions have been exchanged on the logistics of such a move. Talks are still ongoing.