TAIPEI, Taiwan--(BUSINESS WIRE)--ASE Technology Holding Co., Ltd. (ASE. TAIEX: 3711, NYSE: ASX), announced today that it has joined the Apple Supplier Clean Energy Program. As a leading semiconductor packaging, test and system service provider, ASE is focused on cutting edge manufacturing technologies including System-in-Package (SiP), Heterogeneous Integration (HI), 3D IC, MEMS and sensor, and systems integration that form the backbone of many electronic devices. Semiconductor manufacturing is an energy intensive industry, and ASE is taking bold steps to improve its energy efficiency and steadily shift to greener production.
ASE is supportive of industry efforts to advance the use of clean energy within the supply chain and is pleased to join the Apple Supplier Clean Energy Program which is focused on transitioning suppliers to clean, renewable energy. By participating in the program, ASE can augment its current approaches to clean energy by tapping into the leadership and resources established by Apple.
The most meaningful approach to greenhouse gas reduction is to shift to the use of renewable energy. In 2019, ASE’s total renewable energy consumption amounts to 509,067 MWh, a year-on-year increase of 28% (2018 - 397,766 MWh). The company has 8 manufacturing facilities worldwide that is completely powered by renewable energy and 3 facilities that have procured renewable energy sources to supplement their energy consumption. To further enhance efficiency in energy usage, ASE invested in a three-year smart grid research project in 2018 to integrate energy intelligence for balancing demand and energy generation.
In 2014, ASE was the first company in Asia to issue green bonds with its proceeds earmarked for green buildings and green production. ASE launched a second green bond issue in 2019, applying the proceeds towards development in renewable energy sources, reducing greenhouse gas emissions, managing energy efficiency, and recycling, reuse and conservation efforts.
ASE remains at the forefront of sustainability development and is leading initiatives within the industry to achieve a low carbon economy that is environmental-friendly, resilient and cost effective. Tackling climate change presents ASE an opportunity to transform risks and challenges into a force for good that drives the company’s long term growth.
For more information, please refer to the Apple official website at, https://apple.com/environment/pdf/Apple_Supplier_Clean_Energy_Program_Update_2020.pdf
About ASE Technology Holding Co., Ltd.
ASE Technology Holding Co., Ltd. is among the leading providers of independent semiconductor manufacturing services in assembly, test, materials and design manufacturing. As a global leader geared towards meeting the industry’s ever growing needs for faster, smaller and higher performance chips, ASE Technology Holding develops and offers a wide portfolio of technology and solutions including IC test program design, front-end engineering test, wafer probe, wafer bump, substrate design and supply, wafer level package, flip chip, system-in-package, final test and electronic manufacturing services. For more information about ASE Technology Holding, visit www.aseglobal.com or twitter @asegroup_global
Safe Harbor Notice
This press release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan” and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People’s Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors. For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2019 Annual Report on Form 20-F filed on March 31, 2020.
Contacts
Eddie Chang: [email protected], 886-2-66365678