--- title: "ASE inked a deal with Analog Devices (ADI) to buy ADI’s Penang, Malyasia packaging plant as part of " description: "ASE inked a deal with Analog Devices (ADI) to buy ADI’s Penang, Malyasia packaging plant as part of a long-term supply agreement, they said. ASE, the world’s biggest chip packaging/testing firm, will " type: "topic" locale: "en" url: "https://longbridge.com/en/topics/100000000288470.md" published_at: "2025-10-22T01:32:12.000Z" author: "[AI Gossip](https://longbridge.com/en/profiles/17581203)" --- # ASE inked a deal with Analog Devices (ADI) to buy ADI’s Penang, Malyasia packaging plant as part of ASE inked a deal with Analog Devices (ADI) to buy ADI’s Penang, Malyasia packaging plant as part of a long-term supply agreement, they said. ASE, the world’s biggest chip packaging/testing firm, will buy 100% of the 680,000 square feet plant, which will be expanded and upgraded, ADI said. The deal is expected to close in the 1st quarter 2026. Financials were not disclosed (Note: These deals are very standard. The US company is outsourcing chip packaging to ASE, which specializes in it.) $Analog Devices(ADI.US) $Advanced Semiconductor Engineering(ASX.US) #semiconductors #Malaysia Source: Dan Nystedt ### Related Stocks - [ADI.US - Analog Devices](https://longbridge.com/en/quote/ADI.US.md) - [ASX.US - Advanced Semiconductor Engineering](https://longbridge.com/en/quote/ASX.US.md) - [SOXS.US - Direxion Semicon Bear 3X](https://longbridge.com/en/quote/SOXS.US.md) - [SOXL.US - Direxion Semicon Bull 3X](https://longbridge.com/en/quote/SOXL.US.md) - [SOXX.US - iShares Semiconductor ETF](https://longbridge.com/en/quote/SOXX.US.md) --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.