ASE re­ports record-beat­ing May rev­enues, 16% up YoY

The China Post - - LOCAL - BY JOHN LIU

Ad­vanced Semi­con­duc­tor En­gi­neer­ing Inc.’s (ASE, ) con­sol­i­dated rev­enues in May — the high­est monthly fig­ure for the year — hit a new record com­pared with the same pe­riod over past years.

The com­pany re­ported NT$23.36 bil­lion in rev­enues in May, which was 6 per­cent higher than April’s num­ber, and more than 16 per­cent higher com­pared with a year ago.

How­ever, the com­pany’s sales re­lat­ing to in­te­grated cir­cuit (IC) pack­ag­ing and testing and raw ma­te­ri­als dipped 0.6 per­cent from April to NT$12.49 bil­lion. The num­ber also fell 7 per­cent from last year’s NT$13.43 bil­lion.

In the pe­riod be­tween Jan­uary and May, ASE’s con­sol­i­dated rev­enues grew at an an­nual rate of 17.29 per­cent to reg­is­ter NT$110 bil­lion.

The semi­con­duc­tor com­pany

is re­port­edly ac­quir­ing new build­ings in Kaoh­si­ung to step up its high-level IC pack­ag­ing and testing ca­pac­ity.

More specif­i­cally, the com­pany will beef up its sys­tem in pack­age, wafer-level pack­ag­ing, and flip chiprelated ca­pa­bil­i­ties. The an­nual out­put is es­ti­mated to ar­rive at US$460 mil­lion when run­ning at full ca­pac­ity.

With re­gards to sec­ond-quar­ter prospects, ASE fore­casts the ca­pac­ity of its IC pack­ag­ing and testing busi­ness will grow 2 per­cent, while prof­itabil­ity will stay about the same as in the first quar­ter.

In­sti­tu­tional in­vestors ex­pect ASE’s over­all rev­enues in the sec­ond quar­ter to see sin­gle-digit growth com­pared with the first quar­ter.

IC pack­ag­ing and testing sales are ex­pected to see 2 to 4 per­cent quar­terly growth, while elec­tronic con­tract ser­vice rev­enues are ex­pected to jump about 15 per­cent.

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