ASE reports rise in first-quarter revenue

Advanced Semiconductor Engineering (ASE), a provider of IC packaging and testing services, has reported unaudited net revenue of TWD37,555m (£783.8m) for the first quarter of 2010 – up 180 per cent year over year and up 43 per cent sequentially.  

Net income for the quarter totalled TWD3,395m – up from a net loss of TWD1,567m in the prior-year quarter and down slightly from a net income of TWD3,450m in the previous quarter.  

Diluted earnings per share for the quarter was TWD0.63, compared to losses per share of TWD0.3 for the first quarter of 2009 and diluted earnings per share of TWD0.66 for the final quarter of 2009.