Advanced Semiconductor Engineering Inc (ASE, 日月光半導體), the world’s largest chip tester and packager, yesterday said that revenue declilned 4.3 percent last month because of soft demand for electronic manufacturing services (EMS).
Revenue fell to NT$19.02 billion (US$631 million) from NT$19.87 billion in March. However, on an annual basis, sales grew 13.8 percent from NT$16.72 billion a year ago.
Sales from its core chip testing and packaging business increased 2.1 percent month-on-month and 8.8 percent year-on-year to NT$12.71 billion last month, from NT$12.45 billion in the previous month and NT$11.68 billion a year ago.
ASE said last month that it expects revenue from its core business to grow 10 percent sequentially in the current quarter from last quarter’s NT$34.35 billion, but that its EMS business — mainly system-in-packaging (SiP) service — would be flat, or fall slightly from last quarter’s NT$21.37 billion.
ON TRACK
Credit Suisse said that ASE is on track to meet its estimates this quarter.
ASE’s chip testing and packaging revenue “has reached 34 percent of guidance and Credit Suisse’s estimate for a 10 percent quarterly growth, allowing May and June to be flat to even down slightly month-month and still comfortably meet guidance,” Credit Suisse analyst Randy Abrams said in a report released yesterday.
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