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

Rhea-AI Summary

ASE Technology Holding Co., Ltd. (NYSE: ASX) reported its unaudited consolidated net revenues for April 2021, totaling NT$ 41,333 million, reflecting a -1.6% decrease from March 2021 but a 17.1% year-over-year increase. In USD terms, revenues were $1,453 million, a -2.5% sequential decline and a 24.1% increase compared to April 2020. Notably, the ATM assembly, testing, and material business saw revenues of NT$ 25,510 million, decreasing -0.9% month-over-month but increasing 11.4% year-over-year.

Positive

• Year-over-year revenue growth of +17.1% in NT$ and +24.1% in USD.
• ATM assembly, testing, and material business reported a +11.4% YoY increase.

Negative

• Sequential revenue decrease of -1.6% in NT$ and -2.5% in USD.
• ATM assembly revenue down -0.9% from March 2021.

TAIPEI, Taiwan, R.O.C., May 10, 2021 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces its unaudited consolidated net revenues for April 2021.

CONSOLIDATED NET REVENUES (UNAUDITED)
		Apr		Mar		Apr		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		41,333		42,002		35,303		-1.6%		+17.1%
		Apr		Mar		Apr		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		1,453		1,490		1,171		-2.5%		+24.1%

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

ATM NET REVENUES (UNAUDITED)
		Apr		Mar		Apr		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		25,510		25,733		22,904		-0.9%		+11.4%
		Apr		Mar		Apr		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		897		913		760		-1.8%		+18.0%

 

*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

 

View original content:http://www.prnewswire.com/news-releases/ase-technology-holding-co-ltd-announces-monthly-net-revenues-301286481.html

SOURCE ASE Technology Holding Co., Ltd.

FAQ

What are ASE Technology's net revenues for April 2021?

ASE Technology reported net revenues of NT$ 41,333 million for April 2021.

How did ASE Technology's revenues compare sequentially from March 2021?

Revenues decreased by -1.6% from March 2021.

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

ASE Technology experienced a year-over-year revenue growth of +17.1% in NT$.

What were the ATM assembly revenues for April 2021?

ATM assembly revenues totaled NT$ 25,510 million for April 2021.

Did ASE Technology experience revenue growth in its ATM assembly business?

Yes, ASE Technology's ATM assembly business saw a year-over-year increase of +11.4%.