By Lisa Wang / Staff reporterAdvanced Semiconductor Engineering Inc (ASE, 日月光半導體), the world’s largest chip packager and tester, yesterday posted 27 percent quarterly growth in profit for last quarter on the back of seasonal demand for smartphones. Net profits grew from NT$4.33 billion to NT$5.51 billion (US$137 million to US$174 million) in the second quarter, the company said. ASE expects growth momentum to weaken for its core chip packaging and testing business due to seasonal factors. As for its electronic manufacturing service (EMS) business, ASE said it expects to see improvement in its system-in-a-package (SiP) services this quarter. Chinese customers account for 4 percent of the company’s overall revenue from its chip packaging and testing businesses, he said.

Source: Taipei Times October 27, 2016 16:04 UTC