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ASX ASE Technology Holding Co News Story

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Taiwan’s ASE sees 2025 advanced packaging and testing revenue more than doubling to $1.6 bln

By Wen-Yee Lee
       TAIPEI, Feb 13 (Reuters) - ASE Technology Holding
Co. 3711.TW , the world's largest chip packaging and testing
provider, said on Thursday it expects its revenue from
leading-edge advanced packaging and testing to more than double
to $1.6 billion this year, as global demand for AI chips surges.
    ASE CFO Joseph Tung said on an earnings call that 2024
revenue from this segment was $600 million, up from $250 million
in 2023.
    Of the projected billion-dollar increase in revenue in 2025,
Tung said 75% will come from leading edge packaging and 25% from
advanced testing.
    ASE’s subsidiary, Siliconware Precision Industries, has been
a key supplier to Nvidia  NVDA.O  for the past 27 years.

 (Reporting by Wen-Yee Lee
Editing by Tomasz Janowski)
 ((wen-yee.lee@thomsonreuters.com))

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