SPIL and Foxconn to form strategic alliance
Hon Hai Precision Industry – better known as Foxconn – and Siliconware Precision Industries Co., Ltd. will form a strategic alliance through the exchange of shares.Hon Hai has always committed itself to providing a high technology one-stop service provider to system brand customers through vertical integration.
Hon Hai stands as a world leader in precision tooling, components, equipment process design, manufacturing, assembly, sales and other vertical integration technologies. The development of microchip related integration services is also one of Hon Hai conglomerate’s direction for development. SPIL is the world’s third largest IC assembly and testing house, with wire bonding, flip-chip, wafer level packaging, bumping, multichip package and high-level assembly and testing technology. ShunSin, the subsidiary of Hon Hai, also owns the world-leading System-in-Package SiP technology.The trend of consumer electronics development has seen an increase in demand for smaller form factor, energy saving, and high performance for products such as smart phones, wearables which all require minimizing size, weight, and better thermal dissipation. In order to achieve the above, SiP and high level IC assembly technology must be adopted and through chip to system vertical integration, actual synergy will be achieved.