The consolidated revenue of the packaging and testing plant ASE Investment Holdings in November was NT$5450.9 billion yuan, the second highest this year.
It is expected that the performance of ASE Investment Holdings in the fourth quarter is expected to increase slightly compared with the third quarter.
ASE Investment Holding is the world's largest packaging and testing factory in terms of market share, and the company's two main businesses are semiconductor packaging and testing (ATM), which accounts for about 55%, and electronic foundry (EMS), which accounts for about 45%.
ASE Investment Holdings' self-concluded revenue in November was 5450.9 billion yuan, compared with 561 in October6.7 billion yuan decreased by 3%, down 9 from 60.1 billion yuan in the same period last year3%, the second highest level this year.
Among them, the revenue of packaging testing and materials in November was 2744.6 billion yuan, compared with 283 in October400 million yuan, a decrease of 32% compared to 326 in the same period last year500 million yuan, down 159%。
ASE Investment Holdings' cumulative revenue in the first 11 months of this year was 5320100 million yuan, compared with 6177 in the same period last year3.4 billion yuan, down 1388%。
ASE Investment Holding pointed out that the industrial inventory continues to be revised, the global economy is still uncertain, and the long-term development of the industry is still relatively optimistic. As for the layout of COFOS in advanced packaging, ASE Investment Holding has service projects in related fields.
Observing the 4th quarter, ASE Investment Holdings said,Due to a slight quarter-on-quarter decrease in revenue from packaging and testing projects, the overall utilization rate may decline from the third quarter, but customer orders continue to increase. It is estimated that ASE Investment Holdings' fourth-quarter performance is still expected to increase by about 2% to 3% compared with the third quarter
In order to seize the business opportunities of automotive electronics, ASE has cooperated with the trend of active expansion of production in Malaysia, Singapore and other places by major international integrated component manufacturers (IDMs) and wafer foundry customers, and it is rumored that most of the automotive production capacity will be transferred to Malaysia to amplify the local expansion force, so as to obtain the best position to receive orders and increase operations.
In addition, ASE Investment Holding is optimistic that TSMC will accelerate the deployment of production capacity and expand its silicon products to have the CODOS advanced packaging capacity energy required to generate AI chips, so as to alleviate the urgent needs of customers, and with the introduction of AI into existing applications and more new applications, the advanced packaging industry is expected to show a growth trend and promote the industry to enter the next growth cycle.
Looking forward to the future, ASE Investment Holding is expected to recover momentum in 2024, and all applications will bottom out, and both single-quarter and full-year revenue will show growth.