ASE Technology Stock Price, News & Analysis

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.

Advanced Semiconductor Engineering (ASE), a leader in semiconductor manufacturing, has launched the industry's first Fan-Out Chip on Substrate (FOCoS) packaging solutions: FOCoS-CF and FOCoS-CL. These innovations enhance performance for High Performance Computing (HPC) and artificial intelligence applications by improving chip integration and electrical performance. FOCoS-CF features encapsulant-separated redistribution layers for better signal integrity, and FOCoS-CL optimizes High Bandwidth Memory (HBM) integration. These technologies aim to meet the growing market demand for high density and low latency connections.

ASE Technology Holding reported strong financial results for 3Q22, with unaudited net revenues of NT$188,626 million, marking a 25% year-over-year increase. Net income attributable to shareholders rose to NT$17,465 million, up from NT$14,176 million in 3Q21. Basic earnings per share reached NT$4.03, a rise from NT$3.29 year-over-year. Despite growth, gross margin decreased slightly to 20.1%. Notably, five customers contributed 45% to revenues, underscoring customer concentration risk. Capital expenditures were US$400 million, indicating ongoing investment in growth.

ASE Technology Holding Co., Ltd. (ASX) reported consolidated net revenues of NT$66,652 million for September 2022, marking a 4.5% sequential increase and a 24.0% year-over-year rise. For Q3 2022, the company achieved net revenues of NT$188,626 million, up 17.6% sequentially and 25.2% year-over-year. Notably, ATM assembly, testing, and material businesses reported September revenues of NT$32,504 million, a slight 1.2% decrease sequentially but a 7.2% year-over-year gain. The pro forma basis also revealed strong growth in Q3 revenue, reflecting solid operational performance.

Advanced Semiconductor Engineering, Inc. (NYSE: ASX) announced that Dr. William Chen received the prestigious 2022 Daniel C. Hughes, Jr. Memorial Award from the International Microelectronics Assembly & Packaging Society (IMAPS) for his lifetime achievements in microelectronics. This accolade recognizes exceptional technical contributions and service to the industry. Dr. Chen's innovations in packaging technologies, including SiP and 2.5D packaging, have significantly advanced the semiconductor sector for applications in IoT and AI. The award was presented at IMAPS 2022 in Boston.

Advanced Semiconductor Engineering, Inc. (ASE) announced a strategic collaboration on August 23, 2023, to develop a 5G mmWave smart factory supported by Qualcomm Technologies and other key organizations. This initiative aims to enhance smart manufacturing capabilities through the integration of AI, 5G technologies, and operational technology security. Key focuses include real-time inventory forecasting, productivity improvements, and high-resolution quality inspections. The collaboration is expected to boost the semiconductor industry’s global competitiveness by driving digital transformation and intelligent automation.