UTAC’s acquisition of Thai chip assembler NS Electronics Bangkok (NSEB) is a completed 2006 transaction, not a pending deal. UTAC reported a price of $175 million, said the acquisition was completed during the second quarter of 2006, and announced that NSEB would be renamed UTAC Thai Ltd.
Who did UTAC acquire, and for how much?
United Test and Assembly Center Ltd (UTAC), then a listed company, acquired NS Electronics Bangkok (NSEB). UTAC’s July 25, 2006 results release reported the transaction price as $175 million; the cited line does not specify whether the dollars are U.S. dollars or another currency. UTAC’s second-quarter 2006 results release
When was the acquisition completed?
UTAC said the acquisition was announced and completed within the second quarter of 2006, and that NSEB began contributing to the group in June 2006. The company said NSEB would be renamed UTAC Thai Ltd. UTAC’s second-quarter 2006 results release
Why did UTAC buy NSEB?
UTAC said the deal extended its range of assembly services, widened its customer base, diversified its industry exposure and helped make the business more resilient. In its retrospective company milestones, UTAC describes the 2006 acquisition as marking its entry into analog assembly. UTAC’s second-quarter 2006 results release; UTAC company milestones
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The historical acquisition should be distinguished from UTAC’s present-day footprint and partnerships. UTAC’s current website lists Thailand among its OSAT manufacturing locations, alongside Singapore, Indonesia and China. The company reports 10 facilities worldwide and 478,000 m² of factory floor space, figures it attributes to its 2023 Corporate Sustainability Report. UTAC locations and company information
Separately, Thailand’s National Science and Technology Development Agency (NSTDA) reported that it and UTAC Thai signed a memorandum of understanding on April 28, 2026. The collaboration covers academic cooperation, research and development, workforce development, advanced-packaging training and support for preparing investment-promotion proposals. NSTDA’s announcement describes a partnership, not another acquisition. NSTDA announcement of its UTAC Thai collaboration
Quick Recap
Best Value
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