Advanced Semiconductor Engineering Inc (ASE, 日月光半導體) yesterday said sales generated by its core business — chip packaging and testing — hit a record high last month.
Analysts said ASE’s sales growth last month was in line with their forecasts and expected the company to continue benefiting from the rising package orders of Apple Inc’s Wi-Fi modules and fingerprint sensor modules for new iPhone products in the second half of this year.
ASE is the world’s largest provider of chip packaging and testing. The Greater Kaohsiung-based firm also offers electronic manufacturing services through Universal Scientific Industrial Co (環隆電氣), which it acquired in 2010.
In a filing to the Taiwan Stock Exchange, ASE said its packaging and testing revenue was NT$12.56 billion (US$421 million), up 3.04 percent month-on-month and 10.85 percent year-on-year.
Ahead of the release of the data, Deutsche Bank analyst Michael Chou (周立中) predicted the company would report a between 1 and 3 percent monthly increase in packaging and testing sales last month and 4 percent increase this quarter from last quarter.
Chou and Citigroup Global Markets analyst Roland Shu (徐振志) believed ASE would benefit from the system-in-packaging (SiP) business from this quarter, as the company is the sole supplier of this product for new iPhone’s fingerprint sensor modules.
In July, ASE said that its packaging and testing revenue for this quarter might increase by between 1 and 5 percent from last quarter, while revenue for the electronic manufacturing services segment might grow by more than 25 percent sequentially.
In yesterday’s filing, ASE said its consolidated revenue last month rose 7.4 percent month-on-month and 15.88 percent year-on-year to the highest level this year at NT$18.83 billion. From January to last month, accumulated revenue totaled NT$135.31 billion, an increase of 11.92 percent from NT$120.9 billion for the same period last year, the filing said.
Meanwhile, rival Siliconware Precision Industries Co (SPIL, 矽品精密), the world’s second-biggest chip packager and tester, also reported record revenue for last month.
Revenue last month increased 6.2 percent month-on-month and 15.28 percent year-on-year to NT$6.51 billion, with total revenue for the first eight months rising 2.82 percent to NT$44.06 billion, Siliconware said on Thursday last week.
Revenue for this quarter is likely to increase 8.4 percent sequentially and 13.3 percent annually to NT$19.1 billion, SinoPac Securities Investment Service (永豐金投顧) analyst Chen Cheng-chieh (陳振傑) said in a note, citing strong demand for high-end chip packaging and testing services from mobile communication segment.
Separately, Foundry operator Vanguard International Semiconductor Corp (世界先進) reported yesterday its consolidated revenue declined 2.5 percent month-on-month due to fewer wafer shipments.
However, last month’s sales rose 12.8 percent year-on-year to NT$1.88 million last month, pushing the first eight months’ sales to increase 27.27 percent at NT$13.95 billion, Vanguard vice president Tseng Dong-liang (曾棟樑) said in a statement.
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that
Power supply and electronic components maker Delta Electronics Inc (台達電) yesterday said it plans to ship its new 1 megawatt charging systems for electric trucks and buses in the first half of next year at the earliest. The new charging piles, which deliver up to 1 megawatt of charging power, are designed for heavy-duty electric vehicles, and support a maximum current of 1,500 amperes and output of 1,250 volts, Delta said in a news release. “If everything goes smoothly, we could begin shipping those new charging systems as early as in the first half of next year,” a company official said. The new
RSS