ASE Technology Stock Price, News & Analysis

ASE Technology Holding Co. (NYSE: ASX) reported unaudited consolidated net revenues for February 2023 amounting to NT$39,985 million (approximately US$1,327 million), reflecting an 11.4% sequential decline and an 8.8% year-over-year decrease. The ATM assembly, testing, and material sectors generated net revenues of NT$23,177 million (around US$769 million), a 4.9% decrease from January 2023 and a 10.8% decline compared to February 2022. The company notes that these results raise concerns regarding ongoing market conditions and competitive pressures within the semiconductor industry.

ASE Technology Holding Co., Ltd. (NYSE: ASX) reported its revised unaudited consolidated net revenues for December, Q4, and full year 2022. For December 2022, net revenues decreased by 11.6% sequentially to NT$ 53,139 million (US$ 1,736 million), and by 10.9% year-over-year. Q4 revenues were NT$ 177,417 million (US$ 5,652 million), marking a 5.9% decline sequentially and a 2.6% increase year-over-year. Full year revenues rose by 17.7% to NT$ 670,873 million (US$ 22,579 million). Significant revenue drop in ATM assembly and testing services was noted, impacting the overall performance.

ASE Technology Holding Co. Ltd. (ASX) reported unaudited consolidated net revenues for January 2023, totaling NT$45,131 million, a decline of 15.1% sequentially and 7.1% year-over-year. In USD terms, revenues fell to $1,477 million, reflecting a drop of 14.9% sequentially and 16.1% year-over-year. The ATM assembly, testing, and material business saw net revenues of NT$24,371 million, down 14.4% sequentially and 11.4% year-over-year. The company continues to navigate challenges in the semiconductor industry, with forward-looking statements highlighting potential market fluctuations and regulatory impacts.

ASE Technology Holding Co., Ltd. (TWSE: 3711, NYSE: ASX) reported net revenues of NT$177,417 million for 4Q22, reflecting a 3% year-over-year increase but a 6% decline sequentially. Net income attributable to shareholders fell to NT$15,730 million, down from NT$30,916 million in 4Q21. Basic and diluted earnings per share for 4Q22 were NT$3.77 and NT$3.57, respectively. For the full year, net revenues reached NT$670,873 million, an 18% increase from 2021, with net income of NT$62,090 million. The gross margin for 4Q22 decreased to 19.2% from 20.1% in 3Q22, highlighting operational challenges amidst an evolving semiconductor market.

Advanced Semiconductor Engineering, Inc. (ASE) has been inducted into the World Economic Forum's Global Lighthouse Network, recognizing its Kaohsiung bumping factory as a leader in adopting Fourth Industrial Revolution technologies. This accolade highlights ASE's commitment to enhancing productivity, with a reported 67% increase in output and a 39% reduction in order lead times. ASE is among the 18 new GLN sites added, joining a total of 132 manufacturers globally. The company aims to drive digital transformation in smart manufacturing, optimizing technologies for a competitive edge in the semiconductor industry.

ASE Technology Holding Co. Ltd. (NYSE: ASX) reported its unaudited consolidated net revenues for November 2022. The company achieved NT$60,107 million ($1,889 million), reflecting a 6.3% decrease from October 2022 and a 0.7% decline year-over-year. For the ATM assembly, testing, and material business, net revenues were NT$32,650 million, representing a 1.7% decrease from the prior month but a 7.1% increase from November 2021. The pro forma basis results showed a similar trend, with net revenues for November at NT$60,107 million.

Advanced Semiconductor Engineering, Inc. (ASX) has announced the groundbreaking of a new semiconductor assembly and testing facility in Penang, Malaysia. This investment of USD300 million over five years will create 2,700 jobs and double ASE's production space to 2 million square feet. The new facility, expected to be completed by 2025, will focus on high-demand packaging products and will implement green construction methods. ASE's expansion underscores its commitment to enhancing its global semiconductor operations and leveraging Penang's skilled workforce.

ASE Technology Holding Co., Ltd. (ASX) reported its unaudited consolidated net revenues for October 2022 at NT$ 64,171 million, marking a 3.7% decrease from September 2022 but a 21.7% increase year-over-year. In USD, revenues stood at $2,027 million, down 6.9% sequentially but up 6.9% year-over-year. ATM assembly net revenues also saw a slight sequential increase of 2.2% and a year-over-year rise of 9.0%. This release highlights the company's monthly performance against macroeconomic dynamics affecting the semiconductor industry.