ASE Technology Holding Co., Ltd. - Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, filed on October 6, 2009, by Advanced Semiconductor Engineering, Inc. (ASE), reports unaudited consolidated net revenues for September 2009 and the third quarter of 2009. ASE is a leading provider of outsourced semiconductor packaging and testing services.
Key Financial Metrics
| Period | Net Revenues (NT$ Million) | Sequential Change | Year-over-Year Change |
|---|---|---|---|
| September 2009 | 8,807 | +5.5% | +5.9% |
| Q3 2009 | 25,205 | +20.7% | -2.4% |
The filing does not provide specific data on profit, cash flow, margins, debt, or liquidity for the reported periods.
Material Changes
- September 2009: Net revenues increased 5.5% sequentially from August 2009 (NT$8,349 million) and rose 5.9% compared to September 2008 (NT$8,318 million).
- Q3 2009: Net revenues grew 20.7% sequentially from Q2 2009 (NT$20,881 million) but declined 2.4% compared to Q3 2008 (NT$25,815 million).
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.
- Highly competitive industry environment and demand for outsourced services.
- Ability to introduce new packaging and testing technologies.
- Integration of pending and future mergers and acquisitions.
- General economic conditions, including the global financial crisis.
- Geopolitical tensions 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 full-year 2009 revenue trajectory given the Q3 year-over-year decline despite strong sequential growth.
- Confirm the impact of the global financial crisis on the company's order book and future quarters.
- Review the 2008 Annual Report on Form 20-F for detailed risk factors and historical financial context.
- Monitor the status of pending mergers and acquisitions mentioned in the risk factors.