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ASE Technology Holding Co., Ltd. (symbol: ASX) is a leading provider of semiconductor assembly and testing services, headquartered in Kaohsiung, Taiwan. The company operates through three main segments: Packaging, Testing, and Electronic Manufacturing Services (EMS). ASE Group’s EMS segment is its top revenue generator, focusing on the design, manufacture, and sale of electronic components and telecommunication equipment motherboards.
The Packaging segment specializes in converting bare semiconductors into completed devices with enhanced electrical and thermal properties. Meanwhile, the Testing segment offers a comprehensive range of services, including front-end engineering, wafer probing, and final testing.
ASE Technology Holding Co., Ltd. is based in Taiwan but generates more than half of its sales from companies in the United States. The company has a global footprint, with advanced technological capabilities and a presence in countries such as China, South Korea, Japan, Singapore, Malaysia, Vietnam, Mexico, and Tunisia, as well as the United States and Europe.
Despite a competitive landscape, ASEH continues to innovate and expand. The company reported its unaudited net revenues of NT$154,167 million for 3Q23, reflecting a year-over-year decline of 18% but a sequential increase of 13%. Notably, the net income attributable to shareholders for the quarter was NT$8,776 million, down from NT$17,465 million in 3Q22 but up from NT$7,740 million in 2Q23.
For the full year of 2023, ASE Technology Holding reported unaudited net revenues of NT$581,914 million and a net income of NT$31,725 million. The company continues to deliver reliable, high-quality products and services, bolstered by a commitment to breakthrough innovations and advanced development programs.
For the latest updates and more information, visit the ASE Technology Holding Co., Ltd. website.
ASE Technology Holding Co., (NYSE: ASX) reported its unaudited consolidated net revenues for November 2024. The company's consolidated net revenues reached NT$52,933 million (US$1,648 million), showing a 6.2% decrease from October 2024 and a 2.9% decline year-over-year.
For the ATM assembly, testing and material business segment, net revenues were NT$29,185 million (US$909 million), representing a 0.5% decrease sequentially but a 6.3% increase compared to November 2023.
ASE Technology Holding (NYSE: ASX) reported its unaudited consolidated net revenues for October 2024. The company's consolidated net revenues reached NT$56,426 million (US$1,766 million), showing a 1.5% increase month-over-month and a 0.5% increase year-over-year. The ATM assembly, testing and material business segment recorded net revenues of NT$29,320 million (US$918 million), representing a 0.5% increase sequentially and a 3.5% growth compared to October 2023.
ISE Labs, a subsidiary of ASE Technology Holding Company, has acquired land in Tonalá, Guadalajara Metropolitan Area, to establish a new semiconductor packaging and test facility. The project aims to expand ASE's global footprint in North America and is expected to create over 500 jobs in its first operational year. Located in Jalisco, which represents 70% of Mexico's semiconductor market, the facility will focus on semiconductor engineering, design, and manufacturing scale-up. The state government will facilitate partnerships with educational institutions and chambers of commerce to ensure recruitment of specialized talent.
ASE Technology Holding reported strong Q3 2024 financial results with net revenues of NT$160,105 million, up 3.9% year-over-year and 14.2% sequentially. Net income reached NT$9,666 million, increasing from NT$8,776 million in Q3 2023 and NT$7,778 million in Q2 2024. Earnings per share rose to NT$2.24 (US$0.138 per ADS). The company's operations showed mixed performance, with ATM segment's gross margin improving to 23.1%, while EMS segment's gross margin decreased to 9.0%. Overall operating margin improved to 7.2% from 6.4% in Q2 2024.
ASE (NYSE: ASX) has won a Gold Award at the 2024 PwC Sustainability Impact Awards for its marine conservation film, 'Guardians of the Sea'. The film showcases ASE's marine conservation initiatives, which include partnering with dive shops across Taiwan to conduct ocean cleanups. Since 2021, the program has trained over 150 divers, organized 140+ cleanups with 1,700 participants, restored 540 coral colonies, and cleaned 270 coral reefs.
The initiative aligns with UN Sustainable Development Goals 14 (Life Below Water) and 17 (Partnerships for the Goals). ASE plans to expand the program, enhance marine conservation technologies, and strengthen education efforts for cleaner beaches and healthier oceans.
ASE Technology Holding Co., (NYSE: ASX, TAIEX: 3711) has released its unaudited consolidated net revenues for September and the 3rd quarter of 2024. Key highlights include:
- September 2024 net revenues: NT$55,579 million (US$1,739 million), up 5.0% month-over-month and 3.8% year-over-year.
- Q3 2024 net revenues: NT$160,105 million (US$4,956 million), up 14.2% quarter-over-quarter and 3.9% year-over-year.
- ATM (assembly, testing, and material) business segment:
- September 2024 net revenues: NT$29,172 million (US$913 million), flat month-over-month and up 2.8% year-over-year.
- Q3 2024 net revenues: NT$85,791 million (US$2,655 million), up 10.3% quarter-over-quarter and 2.5% year-over-year.
ASE Technology Holding Co., (NYSE: ASX, TAIEX: 3711) has released its unaudited consolidated net revenues for August 2024. The company reported net revenues of NT$52,930 million (US$1,627 million), showing a 2.6% increase from July 2024 and a 1.2% year-over-year growth in NT$ terms. However, in US$ terms, there was a 1.7% year-over-year decrease.
For the ATM (assembly, testing, and material) business segment, net revenues were NT$29,175 million (US$897 million), representing a 6.3% increase from the previous month and a 2.4% year-over-year growth in NT$ terms. In US$ terms, ATM revenues showed a 0.6% year-over-year decline.
ASE Technology Holding Co., (NYSE: ASX, TAIEX: 3711) has released its unaudited consolidated net revenues for July 2024. The company reported consolidated net revenues of NT$51,596 million (US$1,590 million), showing a 10.0% increase from June 2024 and a 6.7% year-over-year growth. For the ATM (assembly, testing, and material) business segment, net revenues reached NT$27,443 million (US$846 million), representing a 5.3% month-over-month increase but a 2.4% year-over-year decrease in USD terms. These figures demonstrate ASE's overall revenue growth and the performance of its core ATM business in the semiconductor industry.
ASE Technology Holding Co., (ASX) reported its Q2 2024 financial results. Key highlights include:
- Net revenues of NT$140,238 million, up 2.9% YoY and 5.6% QoQ
- Net income of NT$7,783 million, up from NT$7,740 million in Q2 2023
- Basic EPS of NT$1.80 (US$0.112 per ADS)
- Gross margin increased to 16.4% from 15.7% in Q1 2024
- Operating margin improved to 6.4% from 5.7% in Q1 2024
The company's ATM segment saw a 2.2% YoY and 5.3% QoQ increase in net revenues, while the EMS segment grew 4.1% YoY and 6.0% QoQ. Capital expenditures totaled US$406 million for the quarter.
ISE Labs, a leader in semiconductor engineering services, has announced the opening of a new facility in San Jose, California. This marks their second location in Silicon Valley, effectively doubling their lab and business space. The new San Jose site will focus on qualification and reliability processes, while the Fremont site will expand its test functions. This expansion aligns with the growing demand for semiconductor manufacturing in North America and aims to bolster the U.S. semiconductor supply chain. The new facility will also create jobs for skilled engineers and technicians. The grand opening event will include speeches from local dignitaries and a networking luncheon.
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