ASE Technology Holding Co., Ltd. current report, Q2 FY2007

Business Context and Reporting Period

Advanced Semiconductor Engineering, Inc. (ASE) filed this Form 6-K on May 9, 2007, to report unaudited consolidated net revenues for the month ended April 30, 2007. The company operates in the outsourced semiconductor packaging and testing industry.

Key Financial Metrics

Metric April 2007 March 2007 April 2006
Net Revenues (NT$ Million) 7,408 7,431 8,627
Sequential Change -0.31% - -
Year-over-Year Change -14.12% - -

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

Material Changes

  • Revenue Decline: Net revenues decreased by 14.12% compared to April 2006.
  • Sequential Stability: Revenues remained relatively flat compared to March 2007, with a slight decrease of 0.31%.
  • Consolidation Note: Starting January 1, 2007, revenues from Global Advanced Packaging Technology Limited (GAPT) were consolidated into ASE Inc.'s results.

Outlook, Risks, and Management Commentary

The filing contains 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.
  • Ability to introduce new packaging and testing technologies.
  • Integration of pending and future mergers and acquisitions.
  • Geopolitical tensions between the Republic of China and the People's Republic of China.
  • Fluctuations in foreign currency exchange rates.
  • Disruptions from natural or human-induced disasters.

No specific financial guidance or outlook figures were provided in this document.

Key Facts for Investor Verification

  • Verify the impact of the GAPT consolidation on year-over-year revenue comparisons.
  • Monitor the semiconductor industry cycle for signs of recovery given the 14% year-over-year revenue decline.
  • Review subsequent filings for profit margins and cash flow data, which are absent in this monthly revenue report.
  • Assess geopolitical risks related to the company's operations in Taiwan and China.