Business Context and Reporting Period
Advanced Semiconductor Engineering, Inc. (ASE), a foreign private issuer based in Taiwan, filed this Form 6-K on October 10, 2007. The filing disseminates a press release dated October 8, 2007, announcing unaudited consolidated net revenues for September 2007 and the third quarter of 2007.
Key Financial Metrics
The filing provides revenue data in New Taiwan Dollars (NT$) but does not disclose profit, cash flow, margins, debt, or liquidity figures.
| Period | Net Revenues (NT$ Million) | Sequential Change | Year-over-Year Change |
|---|---|---|---|
| September 2007 | 9,800 | +4.4% | +12.8% |
| Q3 2007 | 27,733 | +18.7% | +3.8% |
Note: Starting January 1, 2007, revenues from Global Advanced Packaging Technology Limited (GAPT) were consolidated into ASE Inc.'s results.
Material Changes
- September 2007: Net revenues increased 4.4% sequentially from August 2007 (NT$9,387 million) and rose 12.8% compared to September 2006 (NT$8,687 million).
- Q3 2007: Net revenues increased 18.7% sequentially from Q2 2007 (NT$23,362 million) and grew 3.8% compared to Q3 2006 (NT$26,726 million).
Guidance, Outlook, and Risks
The filing contains no specific financial guidance or management commentary regarding future performance beyond the Safe Harbor Notice. The company highlights several risks that could cause actual results to differ materially from forward-looking statements:
- Cyclicality and market conditions in the semiconductor industry.
- Demand for outsourced packaging and testing services.
- Highly competitive industry environment and the need to introduce new technologies.
- Integration of pending and future mergers and acquisitions.
- International business activities and general economic/political conditions.
- Strained relations between the Republic of China and the People's Republic of China.
- Fluctuations in foreign currency exchange rates.
Investor Verification Checklist
- Verify the impact of the GAPT consolidation on year-over-year comparisons.
- Review the 2006 Annual Report on Form 20-F for detailed risk factors and historical financial context.
- Monitor subsequent filings for profit margins and cash flow data, which are absent in this revenue-only announcement.
- Assess the impact of currency fluctuations on reported NT$ figures for USD-based investors.