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

Rhea-AI Summary

ASE Technology Holding Co., Ltd. (ASX) reported a significant increase in consolidated net revenues for September and the 3rd quarter of 2021. September net revenues reached NT$53,735 million (US$1,939 million), reflecting a 6.5% month-over-month and a 22.3% year-over-year increase. For Q3 2021, net revenues totaled NT$150,665 million (US$5,422 million), marking growth of 18.7% from Q2 and 22.3% year-over-year. The company emphasized strong performance in its ATM assembly and testing segments, with notable year-on-year increases in revenues.

Positive

• September net revenues increased by 6.5% from August and 22.3% year-over-year.
• Q3 2021 net revenues reached NT$150,665 million (US$5,422 million), up 18.7% sequentially and 22.3% year-over-year.
• Strong performance in ATM assembly and testing segments, contributing to positive revenue growth.

Negative

• Sequential decline in ATM net revenues for September, decreasing by 0.7% from August.

TAIPEI, Taiwan, R.O.C, Oct. 8, 2021 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces its unaudited consolidated net revenues for September and 3^rd quarter of 2021.

Consolidated net revenues (unaudited)

		Sept		Aug		Sept		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		53,735		50,450		43,926		+6.5%		+22.3%
		Sept		Aug		Sept		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		1,939		1,813		1,495		+7.0%		+29.8%
		Q3		Q2		Q3		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		150,665		126,926		123,195		+18.7%		+22.3%
		Q3		Q2		Q3		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		5,422		4,530		4,182		+19.7%		+29.6%

 

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

atm net revenues (unaudited)

		Sept		Aug		Sept		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		30,328		30,552		22,859		-0.7%		+32.7%
		Sept		Aug		Sept		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		1,095		1,098		778		-0.3%		+40.7%
		Q3		Q2		Q3		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		90,092		78,988		71,821		+14.1%		+25.4%
		Q3		Q2		Q3		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		3,242		2,819		2,438		+15.0%		+33.0%

*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.