WASHINGTON: Advanced Semiconductor Engineering (ASE) has reported consolidated revenues of NT$22.69 billion (US$713 million) for January 2017, down 10.2% sequentially but up 7.1% on year.
ASE’s core IC ATM (assembly test and material) operations posted revenues of NT$12.78 billion in January 2017, down 8.2% on month but up 8.5% from a year ago. The company said previously that sales of the business would be driven by roll-outs of clients’ new products as well as seasonal demand in the third quarter. ASE expects to post sequential revenue growth through the fourth quarter of 2017, with revenues for all of the year outperforming those reported for 2016. Nevertheless, revenues for the first quarter of 2017 will register a sequential decrease as a result of seasonality and a particularly strong fourth quarter, the company said at a recent investors meeting.
