Jiangsu Changjiang Electronics Technology (JCET), the largest China-based provider of outsourced semiconductor assembly and test (OSAT), has announced its takeover of Analog Devices' test facility in Singapore. Financial terms were not disclosed.

All staff stationed at ADI's Singapore-based test facility will be transferred to JCET's operations team, said JCET. Acquiring the facility will also bring JCET and ADI closer, the China-based backend house indicated.

"This is another important milestone in the relationship between ADI and JCET," said Steve Lattari, senior VP of global operations & technology at ADI, in a statement. "The factory sale and consignment of test assets demonstrates our mutual commitment to continuity of supply, supporting both our employees and customers."

"ADI and JCET's subsidiary STATS ChipPAC have been working very closely together in Singapore for over more than 20 years," said Lid Jian Chiou, managing director of JCET's Singapore subsidiary, in the statement. "With the success of this acquisition, it once again endorses our best-in-class test manufacturing and engineering capacities at JCET and also shows the high level of confidence and trust ADI places in our partnership. We will continue to leverage on this strong partnership, to further expand our semiconductor footprint in Singapore."

JCET CEO Li Zheng also noted in the same statement "JCET has been deeply rooted in the Singapore market for a long time and this opens another chapter for JCET in this technology and manufacturing hub."

JCET already has a factory site in Singapore, resulted from its 2015 acquisition of STATS ChipPAC. JCET also has a production subsidiary in Korea (formerly owned by STATS ChipPAC of Singapore).

By: DocMemory
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