Tags: US | Advanced | Semiconductor | Engineering | Sales

Chip Company ASE's Revenue More Than Doubles

Wednesday, 07 Apr 2010 11:10 AM

Advanced Semiconductor Engineering Inc. said Wednesday its first-quarter revenue more than doubled as the chip industry emerged from the doldrums of the recession.

The company, a Taiwan-based provider of semiconductor packaging and testing services, posted revenue of 37.56 billion Taiwanese dollars ($1.18 billion), up from 13.4 billion Taiwanese dollars in the same quarter a year ago.

In March, the last month of the first quarter, revenue climbed to 15.85 billion Taiwanese dollars ($500 million) from 5.5 billion Taiwanese dollars, the company said.

Its U.S.-listed shares rose 10 cents, or 2.1 percent, to $4.85 in premarket trading.

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Advanced Semiconductor Engineering Inc. said Wednesday its first-quarter revenue more than doubled as the chip industry emerged from the doldrums of the recession.The company, a Taiwan-based provider of semiconductor packaging and testing services, posted revenue of 37.56...
US,Advanced,Semiconductor,Engineering,Sales
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2010-10-07
Wednesday, 07 Apr 2010 11:10 AM
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