ASE Technology Holding Co. Honors Top Suppliers of 2024 for Excellence in Innovation and Sustainability
In a remarkable celebration of collaboration, innovation, and sustainability, ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711) hosted its prestigious ‘Best Suppliers of 2024’ Awards Ceremony today. The event brought together 450 representatives from over 140 suppliers, underscoring the growing importance of ASE’s supply chain partners in driving the company’s success. This year’s ceremony marked a significant milestone as ASE introduced stricter supplier selection criteria, incorporating Environmental, Social, and Governance (ESG) metrics for the first time. Following a rigorous evaluation process, 17 outstanding suppliers were recognized for their exceptional contributions to ASE’s mission of technological advancement and sustainable transformation.
Strengthening Resilience Through Collaboration and ESG Commitment
As ASE continues its journey toward achieving ambitious sustainability goals—such as reaching Net Zero by 2050 and reducing energy consumption by 20% by 2030—the company is actively collaborating with 19 equipment suppliers to scale up energy-efficient designs. During the event, ASE conducted a special launch ceremony to raise awareness about these initiatives and encourage broader supplier participation in fostering sustainability.
To further enhance transparency and accountability in environmental reporting, ASE also honored 8 suppliers with certificates of appreciation for their participation in the company’s carbon inventory project. These suppliers successfully obtained third-party verification, showcasing their commitment to accurate and reliable environmental data disclosure.
Industry Leaders Highlight the Importance of Innovation and Collaboration
The event featured a keynote address by Terry Tsao, Global Chief Marketing Officer and President of Taiwan at SEMI, who praised ASE’s leadership in the semiconductor industry. “ASE continues to spearhead the semiconductor packaging and testing sector, driving the industry supply chain toward advanced technologies and sustainable transformation through innovation and strategic global expansion,” said Tsao. “By strengthening collaboration with customers and supply chain partners, ASE not only bolsters the resilience of the global semiconductor ecosystem but also propels Taiwan’s semiconductor value chain forward. SEMI remains committed to deepening our strategic partnership with ASE to promote innovation and sustainable development across the industry.”
Echoing this sentiment, Andrew Tang, Chief Procurement Officer at ASE Holdings, emphasized the critical role of suppliers in ASE’s long-term strategy. “This event is more than just an opportunity to express gratitude—it serves as a platform to communicate ASE’s strategic vision and overarching goals,” said Tang. “As the semiconductor industry remains highly dynamic, building a resilient and sustainable supply chain is paramount. By working closely with our partners on technological innovation, supply chain resilience, ESG initiatives, and strategic alliances, we can maintain a competitive edge in the global market.”
Navigating Challenges and Embracing Opportunities in the Semiconductor Industry
Dr. Tien Wu, Chief Operating Officer of ASE Holdings, provided valuable insights into the future of the semiconductor industry. He highlighted the transformative impact of artificial intelligence (AI), which is driving unprecedented demand in the sector. According to projections, the global semiconductor market is expected to reach USD 1 trillion within the next decade, fueled by AI-driven innovations. However, this growth also presents unique challenges, as software innovation now takes precedence over hardware development for the first time.
Dr. Wu noted that the convergence of net-zero policies, digitalization, and regionalization will reshape supply chains and system architectures. Additionally, intensifying tariff policies have introduced uncertainties in demand and investment, further complicating the industry’s landscape. Despite these headwinds, Dr. Wu expressed optimism about the future, stating, “The next decade represents a golden era for the semiconductor industry. Choosing the right partners and staying ahead of emerging trends will be crucial to navigating geopolitical shifts and capitalizing on opportunities. Cross-industry collaboration will play a pivotal role in overcoming technological barriers and unlocking future potential.”
Celebrating Outstanding Achievements in FY2024
ASE proudly congratulated the following award recipients for their exceptional 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
These companies exemplify excellence in innovation, sustainability, and collaboration, aligning seamlessly with ASE’s vision for a resilient and sustainable future.
A Commitment to Long-Term Success Through Strategic Partnerships
The ‘Best Suppliers of 2024’ awards ceremony underscores ASE’s unwavering commitment to fostering strong partnerships and driving sustainable growth. By integrating ESG principles into supplier evaluations and prioritizing energy-efficient innovations, ASE is setting a new standard for the semiconductor industry. The company’s focus on technological innovation, supply chain resilience, and cross-industry collaboration positions it as a leader in navigating the challenges and opportunities of the next decade.
For suppliers and partners seeking to align with ASE’s vision, this event highlights the importance of shared goals and mutual growth. Together, ASE and its partners are paving the way for a brighter, more sustainable future in the semiconductor industry.
About ASE Technology Holding Co., Ltd.
ASE Technology Holding Co., Ltd. (ASEH) is among the leading providers of independent semiconductor manufacturing services in assembly, test, materials and system designs. 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 ASEH, please visit www.aseglobal.com or Twitter/LinkedIn @aseglobal.
