AEM Holdings Ltd has announced a strategic partnership with ASE Technology Holding Co Ltd to advance testing solutions for Artificial Intelligence (AI) and High-Performance Computing (HPC) markets. This collaboration combines AEM’s proprietary test technologies with ASE’s manufacturing capabilities to deliver innovative solutions.
The partnership involves ASE subscribing to S$12m of new AEM shares, representing 1.06% of AEM’s issued share capital as of 21 March 2026. This investment will be made through a private placement of 3,350,000 ordinary shares at S$3.591 per share. Additionally, ASE will receive 28,111,856 free detachable warrants, exercisable in two tranches, subject to revenue-related conditions.
The funds raised will support AEM’s expansion in Taiwan and the integration of its test technologies into ASE’s environments. This includes highly parallel test architectures and advanced thermal management capabilities. The partnership aims to enhance AEM’s product offerings and accelerate joint market initiatives for next-generation AI and HPC applications.
ISE Labs, a subsidiary of ASE, will benefit from this partnership by expanding its AI and HPC processor development capabilities. The focus will be on early-stage testing and validation, crucial for next-generation compute platforms. Ken Hsiang, CEO of ISE Labs, highlighted the importance of this collaboration, stating, “Test has become a critical enabler of performance, reliability, and manufacturability for next-generation AI and HPC systems.”
Samer Kabbani, CEO of AEM, remarked, “This partnership represents an important step in AEM’s strategy to work closely with industry leaders to advance the state of AI and HPC testing.” The collaboration is expected to develop and deploy test solutions that improve performance, scalability, and time-to-market for customers.
