AEM Set to Benefit From Strategic Partnership With ASE Technology -- Market Talk

Dow Jones
03/24

0608 GMT - AEM Holdings stands to benefit from its strategic partnership with Taiwan's ASE Technology, Maybank Research's Jarick Seet says in a research report. The partnership is aimed at accelerating artificial intelligence and high-performance computing test innovation, the analyst notes. This partnership should boost the Singapore-listed semiconductor test solutions provider's revenue and net margin in 2027-2028, the analyst says. Also, AEM will continue expanding in Taiwan and jointly integrate its test technologies into ASE Technology's Taiwan manufacturing and test environments, which should boost AEM's revenue. Maybank Research raises the stock's target price to S$4.84 from S$2.84 with an unchanged buy rating. Shares are 2.8% higher at S$4.07. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

March 24, 2026 02:08 ET (06:08 GMT)

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