During the quarter ending June 30, ASE posted a net profit of NT$15.99 billion (US$534.28 million), compared with NT$10.34 billion in the second quarter last year. On a quarterly basis, net profit jumped 24 percent from NT$12.91 billion. “With our diversified customer portfolio and manufacturing flexibility, we are seeing a solid second half of 2022 with quarter-on-quarter growth of our holding company revenues,” he said. ASE prices remain stable across all service categories in the second half, and the stability is expected to extend into next year, Wu said. The company expects revenue for its chip packaging and testing services to rise slightly this quarter, from NT$160.44 billion last quarter.

Source: Taipei Times July 28, 2022 16:39 UTC