For much of the past four years, however, ASTI Holdings has been better known for a governance crisis that saw its shares suspended and its annual reports years overdue.
Every semiconductor chip used in consumer electronics is first placed into a plastic carrier tape, sealed, and wound onto a reel. This allows the chips to be fed into automated assembly machines with maximum efficiency. Without this step, modern electronics manufacturing would grind to a halt.
Since 1999, ASTI Holdings has been in the business of doing this at scale. Headquartered in Singapore with factories in Malaysia, the Philippines, China and Scotland, the group describes itself as one of the world’s largest independent providers of tape-and-reel packaging services for semiconductors.
