ASE Technology Holding posted third-quarter revenue of NT$168.6 billion ($5.6 billion), reflecting uneven demand across its business lines. The Taiwanese company’s semiconductor assembly and testing division grew 18% from a year earlier, while its electronics manufacturing services unit declined 9%.
Net income climbed to NT$10.9 billion ($363 million), with earnings per share reaching NT$2.50. The assembly and testing business, which includes advanced packaging for artificial intelligence processors, accounted for 59% of total sales at NT$99.4 billion ($3.3 billion).
The electronics manufacturing segment struggled with weak consumer demand, generating NT$68.4 billion ($2.3 billion) in revenue. Operating margin expanded to 7.8% from 7.2% a year ago, though the company’s guidance suggests only modest sequential improvement ahead.
Management forecast fourth-quarter revenue would rise just 1% to 2%, with gross and operating margins each improving by 70 to 100 basis points. The outlook indicates limited visibility into early 2026 as customers remain cautious about inventory levels.
Capital expenditures reached $779 million in the quarter, down from $992 million in the previous period. The company’s debt-to-equity ratio increased to 0.63 from 0.52 as it borrowed to fund expansion projects.
