TPE:6239

Powertech Technology Discloses Financing Details of Singapore Venture; Shares Surge 10%

Powertech Technology (TPE:6239) said its advanced packaging joint venture with Broadcom in Singapore, XCIP Technologies, will carry a total investment of $5.66 billion, with the company contributing $400 million for a 30% stake.The chip packaging and testing company could inject cash in instalments from internal funds, according to a Friday filing with the Taiwan Exchange.Shares of the company surged nearly 10% in Monday trading.

Powertech Technology Buys Packaging Equipment Worth NT$717.5 Million

Powertech Technology (TPE:6239) acquired a batch of advanced packaging equipment worth NT$717.5 million from Onto Innovation, according to a Tuesday Taiwan Exchange filing.The purchases were made between Feb. 23 and Aug. 4, and will support the company's production operations.

Powertech Technology Clarifies Report Forecasting 2026 Revenue; Shares Down 7%

Powertech Technology (TPE:6239) clarified that a media report suggesting its full-year revenue could surpass the record NT$83.9 billion achieved in 2022 is based on speculation, according to a Wednesday Taiwan Exchange filing.The clarification followed a report in Taiwan's Commercial Times citing Chairman D.K. Tsai as saying at an investor conference on Tuesday that full-year revenue has the potential to exceed the 2022 record.Powertech said it does not provide financial forecasts and that investors should rely on business and financial information disclosed through Taiwan's Market Observation Post System (MOPS).Shares of the semiconductor packaging and testing services provider were down 7% in recent trade.

Powertech Technology, Broadcom Technologies to Establish $400 Million JV in Singapore

Powertech Technology (TPE:6239) will jointly establish a $400 million joint venture in Singapore with Broadcom Technologies to manufacture panel-level advanced packaging products.The investment will be funded through internal resources and deployed in line with the construction progress and funding needs of the Singapore facility.Powertech Technology said the venture is intended to strengthen its global footprint and better align with the supply chains of its international customers.Deal completion remains subject to regulatory approvals, definitive agreements and other customary closing conditions.

Powertech Technology to Form $400 Million Packaging JV with Broadcom Technologies; Shares Slump 8%

Powertech Technology (TPE:6239) plans to establish a joint venture with Broadcom Technologies in Singapore to manufacture advanced packaging, according to a Thursday filing with the Taiwan Exchange.Shares of the semiconductor assembly company were down over 8% in Friday's early afternoon trading.The $400 million project will be funded internally and will be deployed in line with construction progress and funding requirements.

Powertech Technology Unit Buys Equipment for NT$1.7 Billion; Shares Rally 10%

Powertech Technology (TPE:6239) unit Terapower Technology will acquire testing equipment and spare parts worth NT$1.73 billion from Advantest Taiwan, according to a Friday Taiwan Exchange filing.Shares jumped nearly 10% in Monday's afternoon trade.The purchase took place between April 10 and May 22, and covered a batch of machinery equipment for production operations, it said.

Powertech Technology Buys Machinery System for NT$629 Million; Shares Gain 4%

Powertech Technology (TPE:6239) purchased a fan-out automated material handling system for NT$628.5 million, according to a Tuesday Taiwan Exchange filing.Shares slid about 4% in Wednesday's late morning trade.The acquisition was made between Aug. 19, 2025, and May 19, 2026, from MIRLE Automation.The deal will support the company's production operations, it said.

Fubon Securities Upgrades Powertech Technology to Buy from Neutral; Price Target is NT$260