ASE profit falls on weak SiP demand

RECOVERY:The chip tester and packager expects to see an increase in system-in-a-package demand in the second half, when clients launch second-generation products

Taipei Times
Date: Apr 30, 2016
By: Lisa Wang / Staff reporter

Advanced Semiconductor Engineering Inc (ASE, 日月光半導體), the world’s largest chip tester and packager, yesterday posted its weakest net profit in three quarters, dragged by weaker-than-expected demand in its system-in-a-package (SiP) business.

ASE provides SiP services for fingerprint modules used in Apple Inc’s iPhones, as well as in wearable devices for other clients.

During the quarter ending March 31, net income contracted 17 percent to NT$4.16 billion (US$128.87 million) from NT$4.99 billion in the previous quarter and declined 7 percent from NT$4.47 billion the previous year.

Despite the decline, net income in the first three months of the year surpassed the NT$3.27 billion projected by BNP Paribas SA analyst Szeho Ng (吳思浩).     [FULL  STORY]

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