SPIL, Hon Hai Precision Industry Sign LoI for Hon Hai Stake in SPIL

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Hon Hai Precision Industry Co., Ltd.
HNHPF
and Siliconware Precision Industries Co., Ltd. ("SPIL" or the "Company") (Taiwan Stock Exchange: 2325.TT, NASDAQ:SPIL) signed a Letter of Intent today, whereby the parties will form a strategic alliance through the exchange of shares in accordance with Article 156.8 of the Company Act. The alliance will provide customers with the best integrated service program through future collaboration on technology and business. Hon Hai has always committed itself to providing a high technology one-stop service provider to system brand customers through vertical integration. Hon Hai stands as a world leader in precision tooling, components, equipment process design, manufacturing, assembly, sales and other vertical integration technologies. The development of microchip related integration services is also one of Hon Hai conglomerate's direction for development. SPIL is the world's third largest IC assembly and testing house, with wire bonding, flip-chip, wafer level packaging, bumping, multichip package and high-level assembly and testing technology. ShunSin, the subsidiary of Hon Hai, also owns the world-leading System-in-Package (SiP) technology. The trend of consumer electronics development has seen an increase in demand for smaller form factor, energy saving, and high performance for products such
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