ASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*

Rhea-AI Summary

ASE Technology Holding Co., Ltd. (ASX) reported unaudited consolidated net revenues for August 2021 totaling NT$50,450 million (US$1,813 million), indicating a sequential increase of 8.5% from July and a year-over-year growth of 20.3%. The ATM assembly and testing revenues reached NT$30,552 million (US$1,098 million), reflecting a 4.6% sequential rise and 23.3% YoY increase. The substantial revenue growth showcases ASEH's robust performance in the semiconductor sector, driven by strong demand for its services.

Positive

• August 2021 net revenues of NT$50,450 million (US$1,813 million) showed an 8.5% sequential increase.
• Year-over-year revenue growth of 20.3% in August 2021 is promising.
• ATM assembly and testing revenues reached NT$30,552 million (US$1,098 million), up 4.6% sequentially and 23.3% YoY.

Negative

• None.

TAIPEI, Taiwan, R.O.C., Sept. 9, 2021 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces its unaudited consolidated net revenues for August 2021.

CONSOLIDATED NET REVENUES (UNAUDITED)

		Aug		Jul		Aug		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		50,450		46,480		41,944		+8.5%		+20.3%
		Aug		Jul		Aug		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		1,813		1,670		1,424		+8.6%		+27.3%

Net revenues for ATM assembly, testing and material business are as follows:

ATM NET REVENUES (UNAUDITED)

		Aug		Jul		Aug		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		30,552		29,213		24,787		+4.6%		+23.3%
		Aug		Jul		Aug		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		1,098		1,049		841		+4.6%		+30.5%

*This press release is intended to comply with Taiwan regulatory requirements.

Safe Harbor Notice:

This press release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words "anticipate," "believe," "estimate," "expect," "intend," "plan" and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People's Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors.  For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2020 Annual Report on Form 20-F filed on April 6, 2021.

Investor Relations Contact:

ir@aseglobal.com Tel: +886.2.6636.5678 http://www.aseglobal.com

 

 

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SOURCE ASE Technology Holding Co., Ltd.

FAQ

What were ASE Technology's revenues for August 2021?

ASE Technology reported net revenues of NT$50,450 million (US$1,813 million) for August 2021.

How did ASE Technology's August 2021 revenues compare to July 2021?

August 2021 revenues increased by 8.5% compared to July 2021.

What is the year-over-year revenue growth for ASE Technology in August 2021?

The year-over-year revenue growth for August 2021 was 20.3%.

What were the ATM assembly and testing revenues in August 2021 for ASE Technology?

ATM assembly and testing revenues were NT$30,552 million (US$1,098 million) in August 2021.