Analog Devices to sell Malaysian facility to ASE Technology
NeutralFinancial Markets

Analog Devices has announced the sale of its Malaysian facility to ASE Technology, a move that reflects the ongoing shifts in the semiconductor industry. This transaction is significant as it highlights the consolidation trends within the sector, allowing both companies to focus on their core competencies. For Analog Devices, this sale may enable them to streamline operations and invest in other strategic areas, while ASE Technology expands its manufacturing capabilities.
— Curated by the World Pulse Now AI Editorial System