ASE undeterred by trade dispute woes

RUSH ORDERS: Many customers have put in short-term orders due to low visibility, while the firm’s diverse fab locations would help in case it needs to move production

Taipei Times
Date: Jun 28, 2019
By: Lisa Wang  /  Staff reporter, in KAOHSIUNG

ASE Technology Holding Co (ASE, 日月光投資控股) yesterday said that the US-China trade dispute

From left, ASE Technology Holding Co chief operating officer Tien Wu, chief financial officer Joseph Tung and board director Bough Lin yesterday attend the firm’s annual shareholders’ meeting in Kaohsiung.
Photo: Hung You-fang, Taipei Times

is to overshadow the world economy and decelerate the development of new technologies, but would not affect its goal of growing revenue in the next few quarters.

The dispute has proven that ASE’s longstanding strategy to globalize is imperative, given that the results of trade talks are unpredictable, chief operating officer Tien Wu (吳田玉) told reporters in Kaohsiung.

Asked whether customers of the world’s largest chip packager and tester have asked ASE to reduce the proportion of its production in China, Wu said that most customers are still assessing the matter.

However, the dispute might cause some changes to ASE’s customer portfolio, as orders from different regions might vary, he said without elaborating.    [FULL  STORY]

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