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

Rhea-AI Summary

ASE Technology Holding Co., Ltd. (ASX) reported its unaudited consolidated net revenues for February 2021, totaling NT$36,620 million (US$1,293 million). This represents a decline of 10.4% from January 2021's NT$40,848 million but a 30.2% increase compared to February 2020. In the ATM assembly, testing, and material segment, revenues reached NT$23,180 million (US$819 million), down 6.7% month-over-month but up 9.0% year-over-year. The figures reflect ongoing market dynamics and competitive pressures in the semiconductor sector.

Positive

• Year-over-year revenue increase of 30.2% in February 2021 compared to February 2020.
• Year-over-year revenue increase of 9.0% in ATM segment compared to February 2020.

Negative

• Sequential revenue decline of 10.4% from January 2021.
• Sequential revenue decline of 6.7% in ATM segment from January 2021.

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

CONSOLIDATED NET REVENUES (UNAUDITED)
		Feb		Jan		Feb		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		36,620		40,848		28,136		-10.4%		+30.2%
		Feb		Jan		Feb		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		1,293		1,438		939		-10.1%		+37.8%

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

ATM NET REVENUES (UNAUDITED)
		Feb		Jan		Feb		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		23,180		24,854		21,268		-6.7%		+9.0%
		Feb		Jan		Feb		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		819		875		710		-6.4%		+15.4%

*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 2019 Annual Report on Form 20-F filed on March 31, 2020.

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 the net revenues reported by ASE Technology Holding Co. Ltd. for February 2021?

ASE Technology Holding Co. Ltd. reported net revenues of NT$36,620 million (US$1,293 million) for February 2021.

How did ASE's February 2021 net revenues compare to January 2021?

In February 2021, ASE's net revenues decreased by 10.4% compared to January 2021.

What is the year-over-year revenue change reported by ASE for February 2021?

ASE reported a year-over-year revenue increase of 30.2% for February 2021 compared to February 2020.

What were the ATM segment revenues for ASE in February 2021?

The ATM segment revenues for ASE in February 2021 were NT$23,180 million (US$819 million).

Did ASE Technology Holding Co. Ltd. experience a revenue increase or decrease in its ATM segment in February 2021 compared to January 2021?

ASE's ATM segment experienced a revenue decline of 6.7% in February 2021 compared to January 2021.