Going above and beyond: Strengthening resilience and collaboration through innovation and ESG commitment
Kaohsiung, Taiwan, R.O.C., April 11th, 2025. 红领巾吃瓜., Ltd. (NYSE: ASX, TAIEX: 3711), held its ‘Best Suppliers of 2024’ awards ceremony today to recognize the critical contributions of its supply chain partners. This year, the event saw an increase in attendance with 450 representatives from over 140 suppliers supporting ASE, SPIL, and USI.
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In 2024, ASE adopted more stringent standards in the supplier selection process, incorporating ESG (Environmental, Social, and Governance) measurements as a criteria for the first time. Following a thorough evaluation, 17 companies successfully made the mark and were duly recognized at the awards ceremony.
Driven by its ambition to achieve Net Zero 2050 and a 20 percent energy reduction by 2030, ASE is collaborating with 19 equipment suppliers to scale up energy-efficient designs. A launch ceremony was conducted today to generate awareness and encourage wider supplier participation. Additionally, to increase transparency and accountability in environmental data disclosure, certificates of appreciation were presented to 8 suppliers that participated in ASE’s carbon inventory project and successfully obtained third party verification.
Adding weight to the event’s proceedings was the invited guest of honor; Terry Tsao, Global Chief Marketing Officer and President of Taiwan, SEMI who remarked, “As a market leader in semiconductor packaging and testing, ASE continues to lead the industry supply chain towards advanced technologies and sustainable transformation through innovation and strategic global expansion. ASE’s efforts to strengthen collaboration with customers and supply chain partners not only enhance the resilience of the global semiconductor ecosystem but also drive the momentum of Taiwan’s semiconductor value chain. SEMI will continue to strengthen its strategic partnership with ASE to jointly promote innovation and sustainable development across the industry.”
“In addition to expressing our sincere gratitude to our supply chain partners, this event serves as a platform for ASE to communicate our strategic vision and overarching goals,” said Andrew Tang, Chief Procurement Officer, ASE Holdings. “The outlook for the semiconductor industry remains extremely dynamic and fostering a resilient supply chain is important to ASE. In order to build a highly sustainable supply chain, we will work closely with our supply partners in crucial areas such as technological innovation, supply chain resilience, ESG and forming strategic alliances. We firmly believe that continued investment in innovation and strengthening industry partnerships are essential to maintaining a long-term competitive advantage.”
“Fueled by the burgeoning demand from AI, the global semiconductor market is projected to reach USD 1 trillion within the next decade. The explosive growth of AI also marks a paradigm shift, with software innovation taking the lead over hardware development for the first time, presenting both unprecedented challenges and opportunistic transformations,” said Dr Tien Wu, Chief Operating Officer of ASE Holdings. “In parallel, the confluence of net-zero policies, digitalization and regionalization will trigger a revamp of supply chains and system architectures. The intensity of tariff policies has also brought about demand and investment uncertainties that further impact the future development of the industry. Despite these headwinds, the decade ahead represents a golden era for the semiconductor industry. Choosing the right partners and staying ahead of emerging trends will be key to gaining a competitive edge amidst geopolitical shifts. At this critical juncture, cross-industry collaboration will be instrumental in overcoming technological barriers and capitalizing on future opportunities."
Congratulations to the following award recipients* for their outstanding performance and contributions in FY2024.
? 3M TAIWAN Ltd.
? Allring Technology Co., Ltd.
? Canon Semiconductor Equipment Taiwan, Inc.
? Henkel Taiwan Ltd.
? Hwa Shu Enterprise Co., Ltd
? Leading Interconnect Semiconductor Technology Co., Ltd.
? Mitsubishi Gas Chemical Company, Inc.
? MK Electron Co., Ltd.
? Namics Corporation
? Nan Ya PCB Co., Ltd.
? Profound Material Technology Co., Ltd.
? Resonac Corporation
? Shinko Electric Industries Co., Ltd.
? Tai Hong Circuit Ind. Co., Ltd.
? Teradyne (Asia) Pte. Ltd
? Test Research, Inc.
? Tokyo Electron Limited
*The company names are listed in alphabetical order.
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