ASE optimistic as chip industry faces capacity constraints
By Lisa Wang / Staff reporter
ASE Technology Holding Co (ASE, 日月光投控) yesterday said it expects its chip assembly and testing (ATM) service revenue this year to grow two times faster the global semiconductor industry’s as 5G-related applications drive chip demand.
The Kaohsiung-based company said that its ATM revenue last year expanded 10 percent to NT$270.1 billion (US$9.52 billion) from a year earlier.
Global semiconductor industry sales, excluding the memory chip segment, are predicted to grow by 5 to 10 percent this year, ASE said.
The ASE Technology Holding Co logo is pictured at the company’s headquarters in Kaohsiung on April 18, 2018. The Kaohsiung-based company yesterday said it expects its chip assembly and testing service revenue this year to grow two times faster the global semiconductor industry’s as 5G-related applications drive chip demand.
Taiwan shares soar to end above 15,700 points
02/02/2021 05:13 PM
CNA photo Feb. 2, 2021
Taipei, Feb. 2 (CNA) Shares in Taiwan extended their momentum from a session earlier on Tuesday, moving sharply higher by more than 300 points to close above the 15,700-point level, dealers said.
Market attention focused on the bellwether electronics sector, as investors were encouraged by a strong showing in the tech-heavy Nasdaq index overnight and rushed to pick up integrated circuit stocks, in particular contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), the dealers said.
The weighted index on the Taiwan Stock Exchange (TWSE), or Taiex, ended up 349.96 points, or 2.27 percent, at 15,760.05, after moving between 15,546.69 and 15,838.15, on turnover of NT$306.73 billion (US$10.96 billion).
Taiwan shares push higher, led by TSMC
01/19/2021 04:34 PM
CNA photo Jan. 19, 2021
Taipei, Jan. 19 (CNA) Shares in Taiwan surged more than 260 points to close above the 15,800-point mark Tuesday, led by contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), dealers said.
Non-tech stocks largely fluctuated within a narrow range as buying focused on the electronics sector, but companies making products related to disease prevention drew interest amid recent reports in Taiwan of domestically transmitted COVID-19 cases, they said.
The weighted index on the Taiwan Stock Exchange (TWSE), the Taiex, ended up 265.37 points, or 1.70 percent, at 15,877.37, after moving between 15,716.64 and 15,928.14, on turnover of NT$316.86 billion (US$11.3 billion).
ASE Technology Holding Co (ASE, 日月光投控), the world’s biggest chip tester and packager, on Friday reported net profit of NT$27.59 billion (US$968.8 million) for the whole of last year, up 63.77 percent from a year earlier and the highest in the company’s history.
Earnings per share for last year were NT$6.47, ASE said in a regulatory filing.
The company reported earnings per share of NT$3.96 for 2019.
The company reported consolidated revenue of NT$ 476.98 billion for last year, up 15.44 percent from 2019, with its core assembly, testing and materials (ATM) business contributing NT$280.3 billion, or 58.76 percent, of the total,
Semiconductor manufacturing giant TSMC reported better-than-expected quarterly and annual results Thursday morning. But the real winners could be the companies that provide services to TSMC.