ASE Technology Holding's July Revenue Hits Record High at NT$73.8 Billion, Up 43% YoY

ASE Technology Holding (3711-TW) (ASX-US), a leader in semiconductor testing and packaging, announced on July 10 that its July revenue reached NT$73.784 billion, up 12.16% month-over-month and 43.15% year-over-year. Cumulative revenue for the first seven months was NT$438.509 billion, up 25.13% year-over-year. Benefiting from the sustained rise in production capacity utilization and the gradual impact of price increases, ASE's July performance reached NT$47.524 billion, up 9.3% month-over-month and 49.5% year-over-year.

Due to the sustained strong demand for AI advanced packaging, ASE is optimistic that this year's LEAP advanced packaging service revenue will exceed the original target of $3.5 billion. It is expected that with the gradual arrival of new factories and equipment, LEAP revenue in 2027 could double compared to this year.

To meet strong customer orders, ASE's capital expenditure for this year is expected to exceed $100 billion, reaching $10.5 billion, up 23.5% from the previous $8.5 billion, setting a new historical high. It is also expected to maintain high levels next year to maintain the company's leading position in advanced packaging and testing.