ASE cautious on Q3 prospects

‘MIXED MESSAGES’:The world’s largest chip packager and tester posted net income of NT$3.7 billion, down 18 percent quarter-on-quarter and 28.5 percent year-on-year

Taipei Times
Date: Jul 31, 2015
By: Ted Chen  /  Staff reporter

Advanced Semiconductor Engineering (ASE, 日月光), the world’s largest chip packager and

Advanced Semiconductor Engineering chief financial officer Joseph Tung, left, listens as chief operating officer Tien Wu speaks at a media briefing in Taipei yesterday.  Photo: CNA

Advanced Semiconductor Engineering chief financial officer Joseph Tung, left, listens as chief operating officer Tien Wu speaks at a media briefing in Taipei yesterday. Photo: CNA

tester, yesterday said its revenue growth momentum would likely be restrained this quarter.

“At best, the situation in the first half can be described as an environment filled with mixed messages,” ASE chief operating officer Tien Wu (吳田玉) said, citing a downturn in the PC industry and tight inventory controls in the semiconductor supply chain.

The company’s third-quarter guidance foresees flat or limited growth of between 1 percent and 5 percent at its core integrated circuit assembly, test and material (IC ATM) business, but it expects gross margin to remain relatively unchanged from the first quarter.

This quarter, the company’s electronic manufacturing service (EMS) unit should see revenue grow by between 7 and 8 percent from the previous quarter to approach the levels seen in the fourth quarter last year, but the unit’s gross margin would likely decline slightly, the company told a press conference.     [FULL  STORY]

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