TAIPEI (Taiwan News) — Semiconductor packaging and testing company ASE Technology announced Wednesday (Oct. 30) that its subsidiary, Siliconware Precision Industries (SPIL), has invested NT$3.7 billion (US$115 million) to acquire land and facilities in Douliu, Yunlin.

According to the announcement, SPIL acquired the Douliu factory land from Ming Hwei Energy at approximately NT$202,000 per ping (one ping equals 3.3 square meters), per CNA. The acquired land area is 60,472 square meters.

ASE Technology said that this investment is intended for operational use. Industry sources said SPIL’s acquisition is mainly to expand its CoWoS advanced packaging capacity.

Recently, SPIL announced a NT$419 million investment to acquire land use rights in Central Taiwan Science Park’s Erlin Park in Changhua also aimed at expanding CoWoS advanced packaging.

SPIL also announced an investment of NT$6.1 billion to acquire Advantest testing equipment, NT$1.73 billion for TEL equipment, and NT$1.77 billion for equipment from Wanrun Technology, per Liberty Times.