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ASE Technology Holding Co., Ltd. (symbol: ASX) is a leading provider of semiconductor assembly and testing services, headquartered in Kaohsiung, Taiwan. The company operates through three main segments: Packaging, Testing, and Electronic Manufacturing Services (EMS). ASE Group’s EMS segment is its top revenue generator, focusing on the design, manufacture, and sale of electronic components and telecommunication equipment motherboards.
The Packaging segment specializes in converting bare semiconductors into completed devices with enhanced electrical and thermal properties. Meanwhile, the Testing segment offers a comprehensive range of services, including front-end engineering, wafer probing, and final testing.
ASE Technology Holding Co., Ltd. is based in Taiwan but generates more than half of its sales from companies in the United States. The company has a global footprint, with advanced technological capabilities and a presence in countries such as China, South Korea, Japan, Singapore, Malaysia, Vietnam, Mexico, and Tunisia, as well as the United States and Europe.
Despite a competitive landscape, ASEH continues to innovate and expand. The company reported its unaudited net revenues of NT$154,167 million for 3Q23, reflecting a year-over-year decline of 18% but a sequential increase of 13%. Notably, the net income attributable to shareholders for the quarter was NT$8,776 million, down from NT$17,465 million in 3Q22 but up from NT$7,740 million in 2Q23.
For the full year of 2023, ASE Technology Holding reported unaudited net revenues of NT$581,914 million and a net income of NT$31,725 million. The company continues to deliver reliable, high-quality products and services, bolstered by a commitment to breakthrough innovations and advanced development programs.
For the latest updates and more information, visit the ASE Technology Holding Co., Ltd. website.
ASE Technology Holding Co. (ASX) reported its unaudited consolidated net revenues for November 2020, totaling NT$50,665 million (approximately US$1,759 million), marking an increase of 5.7% from October 2020 and 31.7% YoY. The ATM assembly, testing, and material segments also showed positive performance, with November revenues at NT$24,286 million, up 5.2% sequentially and 6.3% YoY. This growth reflects robust demand in the semiconductor sector despite ongoing market challenges. These results demonstrate the company's strong positioning within the industry.
ASE Technology Holding Co. (NYSE: ASX) announced its subsidiary, USI Shanghai, completed the acquisition of Asteelflash Group for $421.5 million, including cash and share consideration. The deal includes an earn-out of up to $42.8 million based on Asteelflash's performance. USI now owns 100% of Asteelflash, enhancing its position in the electronics manufacturing services sector. This acquisition aims to leverage synergies, expand market reach, and combine technological capabilities while retaining Asteelflash's management team.
ASE Technology Holding Co., Ltd. (ASX) reported unaudited consolidated net revenues of NT$ 47,915 million for October 2020, reflecting a 9.1% increase from September 2020 and a 23.5% growth year-over-year. In US dollars, revenues reached $1,652 million, up 10.5% sequentially and 31.3% year-over-year. The ATM assembly and testing reported revenues at NT$ 23,075 million, marking a 0.9% rise from September and a 0.2% increase year-over-year, while US dollar revenues were $796 million, up 2.3% sequentially and 6.5% year-over-year.
ASE Technology Holding Co., Ltd. reported 3Q20 net revenues of NT$123,195 million, marking a 5% year-over-year increase and 15% sequential growth. Net income attributable to shareholders was NT$6,712 million, up from NT$5,734 million in 3Q19, but down from NT$6,937 million in 2Q20. Basic EPS rose to NT$1.57, compared to NT$1.35 in 3Q19 and decreased from NT$1.63 in 2Q20. However, gross margin dropped to 16.0%, and operating margin decreased to 7.4% due to rising costs. The company has a current ratio of 1.33 and a net debt to equity ratio of 0.75.
TAIPEI, Taiwan, R.O.C., Oct. 8, 2020 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (ASX) reported unaudited consolidated net revenues for September 2020 of NT$ 43,926 million, a 4.7% increase from August and a 6.8% increase year-over-year. For Q3 2020, revenues reached NT$ 123,195 million, up 14.5% sequentially and 4.8% year-over-year. The company also revealed September ATM assembly revenues of NT$ 22,859 million, reflecting a 7.8% decline from August. Other financial highlights included solid growth in other segments, emphasizing the company's resilient performance amidst market challenges.
ASE Technology Holding Co. reported its August 2020 unaudited consolidated net revenues, achieving NT$ 41,944 million (approximately US$ 1,424 million), marking a 12.4% increase month-over-month and a 4.8% increase year-over-year. The ATM assembly and testing segment generated NT$ 24,787 million, up 2.5% from July and 8.3% year-over-year. Overall, the results reflect strong demand within the semiconductor sector amid fluctuating market conditions.
ASE Technology Holding Co., Ltd. (NYSE: ASX) reported its unaudited consolidated net revenues for July 2020, amounting to NT$37,326 million (US$1,264 million), reflecting a sequential increase of 2.4% from June's NT$36,458 million and a year-over-year increase of 2.6% from NT$36,376 million.
The net revenues from its ATM assembly, testing, and material business for July 2020 reached NT$24,175 million (US$819 million), showing a sequential rise of 3.1% from June and a significant year-over-year increase of 11.6% from NT$21,668 million.
ASE Technology Holding Co., Ltd. (ASX) reported a significant increase in 2Q20 performance, with net revenues reaching NT$107,549 million, up 19% year-over-year and 11% sequentially. The net income attributable to shareholders surged to NT$6,937 million, compared to NT$2,690 million in 2Q19. Basic earnings per share rose to NT$1.63, up from NT$0.63 a year ago. Gross margin also improved to 17.5%, while operating margin increased to 7.8%. The company reported capital expenditures of US$495 million in the quarter, showcasing strong investment in growth and operations.
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