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

Rhea-AI Summary

ASE Technology Holding Co., Ltd. (ASX) reported unaudited consolidated net revenues of NT$43,326 million (US$1,565 million) for June 2021, reflecting a 2.5% increase from May and an 18.8% rise year-over-year. For Q2 2021, total net revenues reached NT$126,926 million (US$4,530 million), up 6.2% sequentially and 18.0% annually. The ATM assembly and testing segment generated net revenues of NT$26,954 million (US$974 million), which is a 1.6% increase month-over-month and a 15.0% increase compared to June 2020. The results indicate continued growth in ASEH's operations amid market conditions.

Positive

• Q2 2021 net revenues increased to NT$126,926 million (US$4,530 million), +6.2% sequentially, +18.0% YoY.
• June 2021 net revenues of NT$43,326 million (US$1,565 million), +2.5% from May, +18.8% YoY.
• ATM segment revenues grew to NT$26,954 million (US$974 million) in June 2021, +1.6% from May, +15.0% YoY.

Negative

• None.

TAIPEI, Taiwan, R.O.C., July 9, 2021 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces its unaudited consolidated net revenues for June and 2^nd quarter of 2021.

CONSOLIDATED NET REVENUES (UNAUDITED)
		Jun		May		Jun		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		43,326		42,267		36,458		+2.5%		+18.8%
		Jun		May		Jun		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		1,565		1,512		1,224		+3.5%		+27.9%
		Q2		Q1		Q2		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		126,926		119,470		107,549		+6.2%		+18.0%
		Q2		Q1		Q2		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		4,530		4,222		3,593		+7.3%		+26.1%

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

ATM NET REVENUES (UNAUDITED)
		Jun		May		Jun		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		26,954		26,524		23,447		+1.6%		+15.0%
		Jun		May		Jun		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		974		949		787		+2.7%		+23.7%
		Q2		Q1		Q2		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		78,988		73,767		69,516		+7.1%		+13.6%
		Q2		Q1		Q2		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		2,819		2,607		2,322		+8.1%		+21.4%

*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 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 June 2021?

ASE Technology Holding reported net revenues of NT$43,326 million (US$1,565 million) for June 2021.

How did ASE Technology Holding's Q2 2021 revenues compare to Q1 2021?

For Q2 2021, ASE Technology Holding's net revenues were NT$126,926 million (US$4,530 million), representing a 6.2% increase compared to Q1 2021.

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

The year-over-year growth for ASE Technology Holding in June 2021 was 18.8%.

What were the ATM segment revenues for ASE Technology Holding in June 2021?

The ATM assembly and testing segment generated net revenues of NT$26,954 million (US$974 million) in June 2021.

How much did the ATM segment's revenues grow year-over-year?

The ATM segment's revenues grew by 15.0% year-over-year in June 2021.