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ASE`s Oct. Revenue Hits Record High of Over NT$10 B.
2007/11/09
Taipei, Nov. 9, 2007 (CENS)--Chip testing and packaging player Advanced Semiconductor Engineering (ASE) Inc. saw its consolidated monthly revenue soar past the NT$10 billion (US$303 million at US$1:NT$33) milestone the first time in October to NT$10.16 billion (US$307 million), up 3.7% from September and 23% from a year earlier.
With the October revenue, the company`s total consolidated revenues for the first 10 months this year topped NT$82.3 billion (US$2.4 billion), making it the world`s No.1 chip assembler.
Siliconware Precision Industry Co., Ltd. reported revenue of NT$6.2 billion (US$190 million) for October, also setting a new high though only increasing 1.37% from a month earlier. In the first 10 months this year, the company had revenue of NT$53.1 billion (US$1.6 billion), growing 13.63% year-on-year.
ASE forecasted its revenue for the fourth quarter to increase at least 5% while Siliconware projected its revenue to surge only 2-3% in the meantime. Industry watchers estimated the two companies to meet such expectations.
Lingsen Precision Industries, Ltd. raked in record revenue of NT$482 million (US$14.6 million) in October, up 3.52% from the same period of last year. Some institutional investors forecasted the company`s revenue for the fourth quarter to approach NT$1.5 billion (US$45 million).
(by Ken Liu)
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