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ASE Sept and Q3 revenue jumps high on iPhone 6 and 4G LTE

ASE Sept and Q3 revenue jumps high on iPhone 6 and 4G LTE

Taiwan-based Advanced Semiconductor Engineering Inc. (ASE), the world's largest IC packaging and testing services provider posted its consolidated revenue of NT$25.64 billion for September and NT$66.63 billion for the third quarter ended September, with the former growing 22.5% on month and 25.8% on year and the latter increasing 13.7% from Q2 and 17.4% from last year, setting a new quarterly high.

In terms of its IC packaging and testing operations, revenue for the third quarter rose 7.5 percent from a quarter earlier to NT$42.21 billion, also a quarterly record high. The third-quarter figure also grew 11.6 percent from a year earlier.

As the new iPhone 6 and iPhone 6 Plus went on sale in mid-September, it could continue to boost ASE's shipments in the fourth quarter. In addition to the orders from Apple, ASE takes on the rising demand for chips used in base stations in 4G LTE telecom services networks, while chips used in computers, automotive applications and other consumer electronic devices also boosted shipments of ASE's high-tech IC packaging and testing services, in particular its system-in-package technology, in the third quarter.

Updated : 2021-05-13 02:52 GMT+08:00