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

ASE Technology Holding Co., Ltd. (NYSE: ASX) reported a consolidated net revenue of NT$42,267 million (US$1,512 million) for May 2021, reflecting a 2.3% increase from April 2021 and an 18.1% rise year-over-year.

Rhea-AI Summary

ASE Technology Holding Co., Ltd. (NYSE: ASX) reported a consolidated net revenue of NT$42,267 million (US$1,512 million) for May 2021, reflecting a 2.3% increase from April 2021 and an 18.1% rise year-over-year. The ATM assembly, testing, and material segment also experienced a growth in net revenues, totaling NT$26,524 million (US$949 million), up 4.0% sequentially and 14.5% from the previous year. The report emphasizes the company's strong performance amid the competitive semiconductor landscape.

Positive

• Net revenues for May 2021 increased to NT$42,267 million (US$1,512 million), up 2.3% from April 2021 and 18.1% year-over-year.
• ATM assembly, testing, and material segment revenues rose to NT$26,524 million (US$949 million), reflecting a 4.0% sequential increase and 14.5% year-over-year.

Negative

• None.

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

CONSOLIDATED NET REVENUES (UNAUDITED)
		May		Apr		May		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		42,267		41,333		35,788		+2.3%		+18.1%
		May		Apr		May		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		1,512		1,453		1,198		+4.0%		+26.2%

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

ATM NET REVENUES (UNAUDITED)
		May		Apr		May		Sequential		YoY
(NT$ Million)		2021		2021		2020		Change		Change
Net Revenues		26,524		25,510		23,165		+4.0%		+14.5%
		May		Apr		May		Sequential		YoY
(US$ Million)		2021		2021		2020		Change		Change
Net Revenues		949		897		775		+5.8%		+22.3%

 

*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

 

View original content:http://www.prnewswire.com/news-releases/ase-technology-holding-co-ltd-announces-monthly-net-revenues-301307430.html

SOURCE ASE Technology Holding Co., Ltd.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were ASE Technology Holding's net revenues for May 2021?

ASE Technology Holding Co., Ltd. reported consolidated net revenues of NT$42,267 million (US$1,512 million) for May 2021.

How did ASE Technology's May 2021 revenues compare to April 2021?

In May 2021, ASE Technology's net revenues increased by 2.3% compared to April 2021.

What is the year-over-year revenue change for ASE Technology in May 2021?

The company experienced an 18.1% increase in net revenues in May 2021 compared to May 2020.

What are the ATM segment revenues for ASE Technology in May 2021?

The ATM assembly, testing, and material segment reported net revenues of NT$26,524 million (US$949 million) for May 2021.

How much did ATM segment revenues increase in May 2021 compared to April 2021?

ATM net revenues increased by 4.0% sequentially in May 2021 compared to April 2021.