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ASE Technology Holding Co., Ltd. Reports Its Unaudited Consolidated Financial Results for the Fourth Quarter and the Full Year of 2024

1. ASE Technology's 4Q24 net revenues reached NT$162,264 million, 1.0% YoY increase. 2. The slight revenue growth suggests stable demand for semiconductor services.

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Why Neutral?

The revenue increase is modest, unlikely to significantly sway ASX prices. Similar incremental revenue growth from other tech companies also showed limited impact historically.

How important is it?

Growth in semiconductor services is relevant but not groundbreaking; it reflects the industry's resilience. While it won't drastically change market dynamics, it indicates a stable sector.

Why Short Term?

The revenue report may prompt short-term trading but lacks catalysts for sustained influence. Historically, tech earnings often lead to immediate but short-lived market responses.

Related Companies

TAIPEI , Feb. 13, 2025 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (TWSE: 3711, NYSE: ASX) ("We", "ASEH", or the "Company"), the leading provider of semiconductor assembly and testing services ("ATM") and the provider of electronic manufacturing services ("EMS"), today reported its unaudited net revenues[1] of NT$162,264 million for 4Q24, up by 1.0% year-over-year and up by 1.3% sequentially.

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