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

Rhea-AI Summary

ASE Technology Holding Co., Ltd. (NYSE: ASX) reported unaudited consolidated net revenues of NT$ 46,480 million (US$ 1,670 million) for July 2021, marking a 7.3% increase from June and a 24.5% year-over-year rise. The ATM assembly, testing, and material segment contributed NT$ 29,213 million (US$ 1,049 million), up 8.4% sequentially and 20.8% year-over-year. The company anticipates continued growth driven by demand in the semiconductor sector, while also facing risks associated with market conditions and regulatory changes.

Positive

• Net revenue for July 2021 reached NT$ 46,480 million, a 7.3% increase from June.
• Year-over-year growth of 24.5% in net revenues indicates strong performance.
• ATM segment revenue increased to NT$ 29,213 million, up 8.4% sequentially.

Negative

• Potential risks from cyclicality in the semiconductor industry may affect future performance.
• Dependencies on market conditions and regulatory changes pose uncertainties.

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

CONSOLIDATED NET REVENUES (UNAUDITED)

		Jul		Jun		Jul		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		46,480		43,326		37,326		+7.3%		+24.5%
		Jul		Jun		Jul		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		1,670		1,565		1,264		+6.7%		+32.1%

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

ATM NET REVENUES (UNAUDITED)

		Jul		Jun		Jul		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		29,213		26,954		24,175		+8.4%		+20.8%
		Jul		Jun		Jul		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		1,049		974		819		+7.8%		+28.2%

*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 Holding's net revenues for July 2021?

ASE Technology Holding reported net revenues of NT$ 46,480 million (US$ 1,670 million) for July 2021.

How did ASE Technology's July 2021 revenue compare to the previous month?

In July 2021, ASE Technology's revenue increased by 7.3% compared to June 2021.

What is the year-over-year growth rate for ASE Technology in July 2021?

The year-over-year growth in net revenues for ASE Technology in July 2021 was 24.5%.

What revenue did ASE Technology's ATM segment generate in July 2021?

The ATM assembly, testing, and material segment generated NT$ 29,213 million (US$ 1,049 million) in July 2021.