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MACHVISION, INC. announced on November 8, 2024, that its board of directors has approved a strategic investment in HYE TECHNOLOGY CO., LTD. by participating in HYE’s private placement. The contract was signed today, with MACHVISION subscribing for a total amount of NT$274 million, which is expected to represent 11.5% of HYE's total issued shares. As part of the agreement, MACHVISION will gain two board seats at HYE, reinforcing the development of both companies' business strategies and product divisions.

MACHVISION stated that both the company and HYE are engaged in the field of Automated Optical Inspection (AOI). Over the past five years, MACHVISION has expanded its AOI technology from PCB optical inspection equipment to semiconductor AOI development. After reaching a strategic investment agreement with global packaging leader ASE in June of last year, the company has accelerated the development of AOI equipment for semiconductor packaging and advanced packaging.

HYE, located in the Kaohsiung Luzhu Science Park, has focused on developing AOI inspection equipment for semiconductor wafers and packaging automation equipment. It is a company with a strong R&D foundation and a solid reputation in the industry.

Both companies stated that the leading equipment companies in the semiconductor industry are much larger in scale than Taiwanese companies. To compete with international and world-class companies, strategic investments are necessary to fill the gap in resources and capabilities, enabling them to perform at the highest level in this high-tech industry.

MACHVISION further emphasized that the rise of advanced packaging, led by the ASE Group, provides an opportunity for the company to enter the advanced packaging sector. Through this strategic alliance with HYE, MACHVISION aims to enhance optical and AI research capabilities, integrate products, and share market resources for joint marketing. This cooperation is the key driver for the vertical and horizontal integration strategy with HYE. Looking ahead, MACHVISION does not rule out expanding its investment targets to jointly build a national team for the optical industry.