ASE Technology Holding Co., Ltd. - Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, filed on December 8, 2008, reports the unaudited consolidated net revenues for Advanced Semiconductor Engineering, Inc. (ASE) for the month of November 2008. ASE is a foreign private issuer providing outsourced semiconductor packaging and testing services.
Key Financial Metrics
| Metric | November 2008 | October 2008 | November 2007 |
|---|---|---|---|
| Net Revenues (NT$ Million) | 6,140 | 8,025 | 9,566 |
| Sequential Change | -23.5% | - | - |
| Year-over-Year Change | -35.8% | - | - |
The filing text does not provide clear values for profit, cash flow, margins, debt, or liquidity for this specific period.
Material Changes
- Sequential Decline: Net revenues decreased by 23.5% from October 2008 to November 2008.
- Year-over-Year Decline: Net revenues decreased by 35.8% compared to November 2007.
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.
- Highly competitive industry environment.
- Ability to introduce new technologies and integrate mergers/acquisitions.
- International business activities and general economic/political conditions.
- Strained relationship between the Republic of China and the People's Republic of China.
- Fluctuations in foreign currency exchange rates.
Key Facts for Investor Verification
- Verify the severity of the 35.8% year-over-year revenue decline in the context of the broader semiconductor market downturn in late 2008.
- Confirm if the sequential drop of 23.5% indicates a continuing trend or a temporary fluctuation.
- Review the company's 2007 Annual Report on Form 20-F for detailed risk factors and historical financial context.
- Monitor subsequent filings for updates on capital expenditures and expansion plans mentioned in the risk factors.