logo
Plus   Neg
Share
Email

Advanced Semiconductor December Revenue Rises - Update

Taiwan-based Advanced Semiconductor Engineering Inc. (ASX) Wednesday reported a 27.2 percent year-on-year growth in net revenues for December 2012, in the new Taiwan dollar currency terms. For the fourth quarter, sales climbed 20.7 percent.

The semiconductor packaging and testing services provider said its consolidated revenues in the month totaled NT$19.0 billion, up from NT$14.94 billion in the same month last year. Sequentially, net revenues decreased 1.9 percent from November.

In US Dollar terms, net revenues climbed 32.7 percent to $655 million, but declined 1.6 percent sequentially.

Starting February 1, 2010, Universal Scientific Industrial Co., Ltd.'s consolidated revenues were consolidated into ASE Inc.'s consolidated revenues.

Excluding USI, monthly net revenues for the ATM assembly test and material business rose to NT$10.78 billion, or $372 million, from NT$9.85 billion or $325 million last year.

For the fourth quarter, the company reported a 20.7 percent growth in net revenues to NT$56.01 billion. Net revenues increased 14.3 percent sequentially. In dollar terms, quarterly revenues climbed 25.3 percent to $1.92 billion.

Excluding USI, quarterly net revenues for the ATM assembly test and material business increased 7.8 percent to NT$34.4 billion. In dollar terms, the year-over-year growth was 11.9 percent.

ASX closed Tuesday's regular trading at $4.26 on the NYSE. In after hours trading, the shares rose 1.02 percent.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Member of Congress have reportedly been told President Donald Trump's administration has reached an agreement to put Chinese telecom giant ZTE Corp. back in business. Reports from the New York Times and Reuters said the deal brokered by the Commerce Department would require ZTE to pay a substantial... Delta Air Lines will resume non-stop flights between the U.S. and India next year, almost a decade after it exited the Indian market. The airline said Thursday that its decision to resume non-stop flights from the U.S. to India follows agreements between the U.S. and the governments of the United Arab Emirates and Qatar to address the issue of government subsidies provided to state-owned carriers. Mortgage rates continued their upward trend this week and hit a seven-year high, even as housing demand remained robust. According to data released Thursday by mortgage finance provider Freddie Mac, the 30-year fixed-rate mortgage rose to 4.66 percent in the week ending May 24, from 4.61 percent in the prior week and 3.95 percent a year ago. This is also the highest level since May 5, 2011.
Follow RTT