Taiwan's ASE Tech raises 2026 capex by $2 billion on strong demand
30/07/2026 08:34
Taiwan's ASE Tech raises 2026 capex by $2 billion on strong demand TAIPEI, July 30 (Reuters) - Taiwan's ASE Technology Holding 3711.TW, the world's largest chip packaging and testing provider, said on Thursday it would raise this year's capital expenditure by $2 billion, to around $10.5 billion, driven by strong demand.
Its previous guidance was $8.5 billion.
(Reporting by Wen-Yee Lee; Editing by Clarence Fernandez)
((clarence.fernandez@thomsonreuters.com; +6568703861; RM:clarence.fernandez.thomsonreuters.com@thomsonreuters.net))
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