ASE Technology Holding Co., the world’s largest semiconductor packaging and testing provider, reported NT$537.5 billion (US$16.4 billion) in consolidated revenue for March, climbing 19.5% month-on-month and 17.7% year-over-year. The company’s first-quarter revenue reached NT$1.48 trillion (US$45.2 billion), representing an 11.6% increase from the same period last year despite an 8.7% sequential decline from the fourth quarter.
Market analysts noted that ASE’s performance met expectations, with March revenue hitting a five-month high after recovering from the impact of fewer working days in January and February. The company’s ATM (assembly, testing, materials) business segment showed particularly strong growth, outperforming management’s earlier forecast of a slight improvement compared to the previous year.
Advanced packaging demand continues to drive ASE’s growth trajectory, with the company expecting to more than double its advanced packaging and testing revenue to over US$1.6 billion in 2025 from US$600 million in 2024. The firm is actively expanding production capacity across multiple facilities to meet surging requirements for AI chip packaging.
While global investment markets recently faced pressure from U.S. tariff policy announcements, industry analysts believe advanced semiconductor processes and packaging demand will remain robust. ASE’s ongoing capacity expansion positions the company to capitalize on edge AI applications and the growing demand for specialized chips in the global semiconductor market.