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Overview of ASE Technology Holding Co Ltd
ASE Technology Holding Co Ltd is a highly specialized firm in the semiconductor industry, offering comprehensive semiconductor assembly and electronic testing solutions. As a pivotal player in semiconductor packaging, the company transforms bare semiconductors into completed products that exhibit improved electrical and thermal performance, a process critical in today’s advanced electronics landscape.
Core Business Segments
The company operates through three principal segments:
- Packaging: This is the company’s primary revenue driver, where it packages bare semiconductors into fully functional integrated circuits with optimized performance characteristics.
- Testing: This segment covers a range of services including front-end engineering tests, wafer probing, and final product testing, ensuring that each component meets stringent quality and performance standards.
- Electronic Manufacturing Services (EMS): In this segment, ASE Technology designs, manufactures, and sells various electronic components and telecommunications equipment motherboards, providing end-to-end solutions from design to production.
Market Position and Global Reach
ASE Technology is headquartered in Taiwan but has established a formidable global presence, with a significant portion of its business conducted in the United States and other key markets across Asia, Europe, and the Americas. Its diversified portfolio and integrated solutions have allowed it to cater to a wide range of industries that depend on high-reliability semiconductor components and sophisticated electronic systems.
Technological Expertise and Industry Significance
The company has built its reputation on advanced technological capabilities and breakthrough innovations in semiconductor packaging and testing. Its processes not only enhance the electrical and thermal characteristics of semiconductor devices but also ensure that products maintain high quality standards under rigorous operating conditions. By offering complete turnkey solutions, ASE Technology is known for its ability to integrate complex manufacturing processes, thereby optimizing both performance and cost efficiency for its clientele.
Operational Excellence and Business Model
ASE Technology generates revenue through a combination of direct sales, long-term contracts, and project-based engagements in its core segments. The firm’s ability to deliver comprehensive solutions—from initial engineering tests through to final product evaluations—positions it as a reliable partner for companies within the semiconductor and broader electronics manufacturing industries. Its operational model emphasizes quality, innovation, and efficiency, ensuring that customers receive reliable products that meet industry standards.
Industry Challenges and Competitive Landscape
Operating in the highly competitive semiconductor manufacturing sector, ASE Technology faces challenges such as rapid technological advancements, strict compliance standards, and fluctuating market demand. However, its continuous investment in research and development, along with its integrated service offerings, helps differentiate it from competitors who may focus on narrower segments of the semiconductor value chain. Its robust global network further augments its ability to respond efficiently to changes in market dynamics.
Conclusion
In summary, ASE Technology Holding Co Ltd is a cornerstone provider in the semiconductor assembly, testing, and electronic manufacturing services arena. Its integrated business model, marked by deep technical knowledge and a global operational footprint, underlines its importance as a reliable supplier of advanced semiconductor solutions. This detailed exploration of its business model provides clear insights into how the company maintains its competitive edge while delivering high-quality, innovative products across diverse markets.
ASE Technology Holding reported strong Q3 2024 financial results with net revenues of NT$160,105 million, up 3.9% year-over-year and 14.2% sequentially. Net income reached NT$9,666 million, increasing from NT$8,776 million in Q3 2023 and NT$7,778 million in Q2 2024. Earnings per share rose to NT$2.24 (US$0.138 per ADS). The company's operations showed mixed performance, with ATM segment's gross margin improving to 23.1%, while EMS segment's gross margin decreased to 9.0%. Overall operating margin improved to 7.2% from 6.4% in Q2 2024.
ASE (NYSE: ASX) has won a Gold Award at the 2024 PwC Sustainability Impact Awards for its marine conservation film, 'Guardians of the Sea'. The film showcases ASE's marine conservation initiatives, which include partnering with dive shops across Taiwan to conduct ocean cleanups. Since 2021, the program has trained over 150 divers, organized 140+ cleanups with 1,700 participants, restored 540 coral colonies, and cleaned 270 coral reefs.
The initiative aligns with UN Sustainable Development Goals 14 (Life Below Water) and 17 (Partnerships for the Goals). ASE plans to expand the program, enhance marine conservation technologies, and strengthen education efforts for cleaner beaches and healthier oceans.
ASE Technology Holding Co., (NYSE: ASX, TAIEX: 3711) has released its unaudited consolidated net revenues for September and the 3rd quarter of 2024. Key highlights include:
- September 2024 net revenues: NT$55,579 million (US$1,739 million), up 5.0% month-over-month and 3.8% year-over-year.
- Q3 2024 net revenues: NT$160,105 million (US$4,956 million), up 14.2% quarter-over-quarter and 3.9% year-over-year.
- ATM (assembly, testing, and material) business segment:
- September 2024 net revenues: NT$29,172 million (US$913 million), flat month-over-month and up 2.8% year-over-year.
- Q3 2024 net revenues: NT$85,791 million (US$2,655 million), up 10.3% quarter-over-quarter and 2.5% year-over-year.
ASE Technology Holding Co., (NYSE: ASX, TAIEX: 3711) has released its unaudited consolidated net revenues for August 2024. The company reported net revenues of NT$52,930 million (US$1,627 million), showing a 2.6% increase from July 2024 and a 1.2% year-over-year growth in NT$ terms. However, in US$ terms, there was a 1.7% year-over-year decrease.
For the ATM (assembly, testing, and material) business segment, net revenues were NT$29,175 million (US$897 million), representing a 6.3% increase from the previous month and a 2.4% year-over-year growth in NT$ terms. In US$ terms, ATM revenues showed a 0.6% year-over-year decline.
ASE Technology Holding Co., (NYSE: ASX, TAIEX: 3711) has released its unaudited consolidated net revenues for July 2024. The company reported consolidated net revenues of NT$51,596 million (US$1,590 million), showing a 10.0% increase from June 2024 and a 6.7% year-over-year growth. For the ATM (assembly, testing, and material) business segment, net revenues reached NT$27,443 million (US$846 million), representing a 5.3% month-over-month increase but a 2.4% year-over-year decrease in USD terms. These figures demonstrate ASE's overall revenue growth and the performance of its core ATM business in the semiconductor industry.
ASE Technology Holding Co., (ASX) reported its Q2 2024 financial results. Key highlights include:
- Net revenues of NT$140,238 million, up 2.9% YoY and 5.6% QoQ
- Net income of NT$7,783 million, up from NT$7,740 million in Q2 2023
- Basic EPS of NT$1.80 (US$0.112 per ADS)
- Gross margin increased to 16.4% from 15.7% in Q1 2024
- Operating margin improved to 6.4% from 5.7% in Q1 2024
The company's ATM segment saw a 2.2% YoY and 5.3% QoQ increase in net revenues, while the EMS segment grew 4.1% YoY and 6.0% QoQ. Capital expenditures totaled US$406 million for the quarter.
ISE Labs, a leader in semiconductor engineering services, has announced the opening of a new facility in San Jose, California. This marks their second location in Silicon Valley, effectively doubling their lab and business space. The new San Jose site will focus on qualification and reliability processes, while the Fremont site will expand its test functions. This expansion aligns with the growing demand for semiconductor manufacturing in North America and aims to bolster the U.S. semiconductor supply chain. The new facility will also create jobs for skilled engineers and technicians. The grand opening event will include speeches from local dignitaries and a networking luncheon.
ASE Technology Holding Co., (NYSE: ASX, TAIEX: 3711), reported its unaudited consolidated net revenues for June and the second quarter of 2024. June's net revenues were NT$46,925 million (US$1,454 million), showing a slight 1.2% decrease from May but a 0.4% increase compared to June 2023. For Q2 2024, net revenues were NT$140,238 million (US$4,351 million), up 5.6% sequentially and 2.9% year-over-year. The ATM assembly, testing, and material business saw June revenues of NT$26,058 million (US$808 million), a 1.9% decline both sequentially and year-over-year. Q2 revenues in the ATM segment rose to NT$77,813 million (US$2,414 million), a 5.3% sequential increase and 2.2% year-over-year growth.
ASE Holdings (NYSE: ASX) hosted its annual Supplier Day to honor its outstanding suppliers for 2023. The event, attended by over 110 supplier representatives, celebrated contributions and presented awards to top performers. Key focus areas included sustainability and procurement efficiency. The event featured awards for suppliers who achieved ISO 14064 and ISO 14067 certifications and two special Supplier Sustainability Awards. The company emphasized its commitment to forming lasting partnerships and enhancing resilience in the semiconductor industry. Honored suppliers included Grand Plastic Technology, Murata Manufacturing, and Teradyne.
ASE Technology Holding Co., (NYSE: ASX, TAIEX: 3711, 'ASEH') announced its unaudited consolidated net revenues for May 2024. The company reported a 3.7% month-over-month increase in NT$ net revenues, totaling NT$47,493 million. Year-over-year, this represents a 2.7% increase. In US$ terms, net revenues rose by 2.6% from April 2024 but saw a 2.7% decline compared to May 2023.
The ATM assembly, testing, and material business segment reported a 5.5% sequential increase in NT$ net revenues, amounting to NT$26,568 million, with a year-over-year increase of 1.3%. In US$ terms, this segment saw a 4.4% sequential rise but a 4.1% decline year-over-year.
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