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

Rhea-AI Summary

ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711) reported its unaudited consolidated net revenues for July 2022, totaling NT$58,167 million (approximately US$1,954 million), marking a 0.3% increase month-over-month and a 25.1% rise year-over-year. The ATM segment also performed well, achieving NT$33,435 million in revenue, up 1.7% sequentially and 14.5% year-on-year. The company emphasizes a positive revenue trajectory amidst ongoing challenges in the semiconductor industry.

Positive

• Net revenues of NT$58,167 million increased by 0.3% month-over-month and 25.1% year-over-year.
• ATM segment revenues reached NT$33,435 million, up 1.7% sequentially and 14.5% year-over-year.

Negative

• Net revenues in US dollars decreased by 0.6% sequentially, indicating potential revenue challenges.

TAIPEI, Taiwan, R.O.C., Aug. 9, 2022 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces its unaudited consolidated net revenues for July 2022.

CONSOLIDATED NET REVENUES (UNAUDITED)

		Jul		Jun		Jul		Sequential		YoY
(NT$ Million)		2022		2022		2021		Change		Change
Net Revenues		58,167		57,998		46,480		+0.3 %		+25.1 %
		Jul		Jun		Jul		Sequential		YoY
(US$ Million)		2022		2022		2021		Change		Change
Net Revenues		1,954		1,966		1,670		-0.6 %		+17.0 %

Pro Forma Basis**

		Jul		Jun		Jul		Sequential		YoY
(NT$ Million)		2022		2022		2021		Change		Change
Net Revenues		58,167		57,998		44,162		+0.3 %		+31.7 %
		Jul		Jun		Jul		Sequential		YoY
(US$ Million)		2022		2022		2021		Change		Change
Net Revenues		1,954		1,966		1,586		-0.6 %		+23.2 %

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

ATM NET REVENUES (UNAUDITED)

		Jul		Jun		Jul		Sequential		YoY
(NT$ Million)		2022		2022		2021		Change		Change
Net Revenues		33,435		32,879		29,213		+1.7 %		+14.5 %
		Jul		Jun		Jul		Sequential		YoY
(US$ Million)		2022		2022		2021		Change		Change
Net Revenues		1,123		1,114		1,049		+0.8 %		+7.0 %

Pro Forma Basis**

		Jul		Jun		Jul		Sequential		YoY
(NT$ Million)		2022		2022		2021		Change		Change
Net Revenues		33,435		32,879		26,895		+1.7 %		+24.3 %
		Jul		Jun		Jul		Sequential		YoY
(US$ Million)		2022		2022		2021		Change		Change
Net Revenues		1,123		1,114		966		+0.8 %		+16.3 %

*This press release is intended to comply with Taiwan regulatory requirements.
** Pro forma basis excludes the disposed China Sites.

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 2021 Annual Report on Form 20-F filed on March 29, 2022.

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 net revenues for July 2022?

ASE Technology reported net revenues of NT$58,167 million for July 2022.

How did ASE Technology's July revenues compare to June 2022?

In July 2022, ASE Technology's revenues increased by 0.3% compared to June 2022.

What is the year-over-year growth of ASE Technology's revenues for July 2022?

ASE Technology's revenues grew by 25.1% year-over-year in July 2022.

What were the ATM segment revenues for ASE Technology in July 2022?

The ATM segment recorded revenues of NT$33,435 million in July 2022.

How did ASE Technology's ATM segment revenue perform year-over-year?

The ATM segment revenue increased by 14.5% year-over-year in July 2022.