ASE Technology Holding Co., Ltd. - Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, filed on November 7, 2008, reports the unaudited consolidated net revenues for Advanced Semiconductor Engineering, Inc. (ASE) for the month of October 2008. ASE is a foreign private issuer based in Taiwan, providing outsourced semiconductor packaging and testing services.
Key Financial Metrics
| Metric | Oct 2008 (NT$ Million) | Sep 2008 (NT$ Million) | Oct 2007 (NT$ Million) | Sequential Change | Year-over-Year Change |
|---|---|---|---|---|---|
| Net Revenues | 8,025 | 8,318 | 10,160 | -3.5% | -21.0% |
The filing does not provide data on profit, cash flow, margins, debt, or liquidity for this specific reporting period.
Material Changes
- Sequential Decline: Net revenues decreased by 3.5% compared to September 2008.
- Year-over-Year Decline: Net revenues decreased significantly by 21.0% compared to October 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.
- Competitive pressures and demand for outsourced packaging and testing services.
- Ability to introduce new technologies and integrate mergers and acquisitions.
- International business activities and general economic/political conditions.
- Strained relations between the Republic of China and the People's Republic of China.
- Fluctuations in foreign currency exchange rates.
- Potential disruptions from natural or human-induced disasters.
Key Facts for Investor Verification
- Verify the trend of sequential revenue declines (3.5% drop from September to October 2008).
- Confirm the severity of the year-over-year revenue contraction (21.0% drop from October 2007).
- Review the company's 2007 Annual Report on Form 20-F for detailed risk factors and historical financial context.
- Monitor the impact of geopolitical tensions between Taiwan and mainland China on operations.
- Assess the company's capital expenditure plans and expansion strategies in light of the current market downturn.