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ASE Technology Holding Co., Ltd. - ASX STOCK NEWS

Welcome to our dedicated page for ASE Technology Holding Co., Ltd. news (Ticker: ASX), a resource for investors and traders seeking the latest updates and insights on ASE Technology Holding Co., Ltd. stock.

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.

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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.

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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.
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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.

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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.

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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.

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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.

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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.

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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.

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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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Advanced Semiconductor Engineering (ASE) has introduced powerSiP™, a new power delivery platform aimed at enhancing power efficiency for AI and data centers. The powerSiP™ technology offers a 50% increase in current density and reduces routing power loss by 50%, contributing to a smaller footprint and greater efficiency. The platform aids in addressing the high energy demands of AI and data centers, important as data center energy consumption is set to rise significantly. The powerSiP™ solution provides multi-stage voltage regulation directly under SoCs and chiplets, reducing impedance and improving system efficiency. This innovation aligns with ASE's sustainability goals and commitment to efficient power solutions.

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FAQ

What is the current stock price of ASE Technology Holding Co., Ltd. (ASX)?

The current stock price of ASE Technology Holding Co., Ltd. (ASX) is $10.281 as of October 25, 2024.

What is the market cap of ASE Technology Holding Co., Ltd. (ASX)?

The market cap of ASE Technology Holding Co., Ltd. (ASX) is approximately 22.6B.

What are the main business segments of ASE Technology Holding Co., Ltd.?

The main business segments are Packaging, Testing, and Electronic Manufacturing Services (EMS).

Where is ASE Technology Holding Co., Ltd. headquartered?

The company is headquartered in Kaohsiung, Taiwan.

What does the Packaging segment of ASE Technology do?

The Packaging segment converts bare semiconductors into completed devices with enhanced electrical and thermal properties.

What services are offered in the Testing segment of ASE Technology?

The Testing segment includes front-end engineering testing, wafer probing, and final testing services.

What products are designed and manufactured in the EMS segment of ASE Technology?

The EMS segment focuses on the design, manufacture, and sale of electronic components and telecommunication equipment motherboards.

What is the revenue contribution from the EMS segment?

The EMS segment is the top revenue generator for the company.

Where does ASE Technology generate most of its sales?

More than half of its sales come from companies in the United States.

How did ASE Technology perform financially in 3Q23?

The company reported NT$154,167 million in revenues for 3Q23, down 18% year-over-year but up 13% sequentially, with a net income of NT$8,776 million.

What were the annual revenues and net income for ASE Technology in 2023?

The company reported annual revenues of NT$581,914 million and a net income of NT$31,725 million for 2023.

Where can I find more information about ASE Technology Holding Co., Ltd.?

Please visit their official website at https://www.aseglobal.com for more details.

ASE Technology Holding Co., Ltd.

NYSE:ASX

ASX Rankings

ASX Stock Data

22.62B
4.41B
7.71%
0.45%
Semiconductors
Technology
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United States of America
Kaohsiung