ASE revenues up 180 percent

IC packaging and testing company Advanced Semiconductor Engineering said its revenues rose for its first financial quarter by 180 percent year on year, a further sign that the semi industry is on the rebound.

It turned in revenues of NT$37,555 million ($1,198,519,228) and net profit of NT$3,395 ($108,347,000) million.

Revenues were up 43 percent compared to its last financial quarter.

ASE provides assembly, testing and material services. On the materials front, ASE works on developing substrate tech for low cost and high performance IC packaging.