ASE eyes revenue growth of 20 percent for this yearBy Lisa Wang / Staff reporterASE Technology Holding Co (ASE, 日月光投控), the world’s biggest chip assembler and tester, yesterday issued an optimistic outlook in expectation that its core business revenue would grow more than 20 percent this year on stronger customer demand and limited capacity. Earlier this year, ASE projected that revenue from its chip assembly and testing services would this year be double the estimated revenue growth of the semiconductor industry. “We are seeing stronger assembly and testing manufacturing demand than our previous target,” ASE chief operating officer Tien Wu (吳田玉) told an online investors’ conference. In this quarter, ASE expects assembly and testing manufacturing shipments to expand 12 percent from the second quarter, while average selling prices are to hold steady at last quarter’s level, it said. ASE yesterday posted 49 percent annual growth in net profit to NT$10.34 billion (US$370 million) during the second quarter, compared with NT$6.94 billion.

Source: Taipei Times July 29, 2021 15:56 UTC