ASX

Business Context and Reporting Period

Advanced Semiconductor Engineering, Inc. (ASE) filed a Form 6-K on June 8, 2009, to announce its unaudited consolidated net revenues for the month of May 2009. ASE is a foreign private issuer based in Kaoshiung, Taiwan, operating in the outsourced semiconductor packaging and testing services sector.

Key Financial Metrics

The filing does not provide data regarding profit, cash flow, margins, debt, or liquidity for this specific reporting period.

Material Changes

• Sequential Growth: Net revenues increased by 15.1% from April 2009 to May 2009.
• Year-over-Year Decline: Net revenues decreased by 18.6% compared to May 2008, reflecting broader industry conditions.

Outlook, Risks, and Management Commentary

The filing includes a Safe Harbor Notice regarding forward-looking statements. Management highlights several risks that could cause actual results to differ materially from expectations:

• Cyclicality and market conditions in the semiconductor industry.
• Demand for outsourced packaging and testing services.
• Intense competition and the need to introduce new technologies.
• Integration risks from pending or future mergers and acquisitions.
• General economic conditions, specifically the recent global financial crisis.
• Geopolitical tensions between the Republic of China and the People's Republic of China.
• Foreign currency exchange rate fluctuations.

Investor Verification Checklist

• Verify the trend of sequential revenue growth to determine if the 15.1% increase in May 2009 is sustainable.
• Review the full 2007 Annual Report on Form 20-F for detailed risk factors and historical financial context.
• Monitor the impact of the global financial crisis on semiconductor demand as cited in the risk factors.
• Confirm the status of any pending mergers or acquisitions mentioned in the risk disclosure.