Company Profile · Technology

ASE Industrial Holding Co Ltd

3711 · Taiwan
Other listingsASX · US
Exchange
Taiwan
Country
Taiwan
IPO date
Dec 15, 1995
Employees
107,950
Baillie Growth Score
42/100
Weak
Market capNT$2.72T
Revenue (TTM)NT$670.9B
EBITDANT$125.74B
Profit margin7.04%
ROE13.58%
P/E (TTM)60.82
Forward P/E11.45
PEG0.99
EPSNT$10.21
Dividend yield0%
52-week rangeNT$132.98 – NT$669.00

Data from EODHD, shown in the reporting currency; for reference only, not investment advice.

ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. It operates through Packaging, Testing, and EMS. The company offers semiconductor packaging, interconnect materials production, front-end engineering testing, wafer probing, and final testing services, as well as integrated solutions for EMS (electronic manufacturing services) in relation to computing, peripherals, communications, industrial, automotive, and server applications. It also provides turnkey services, such as packaging, testing, and direct shipment of semiconductors to end users; wire bonding, including lead frame and substrate-based packages; advanced packages; heterogeneous integration; and other test-related services. In addition, the company engages in the leasing of properties; development, construction, sale, and management of real estate properties; management of parking lot; leasing of properties for shopping center; and management of commercial complex services and department store trading activities, as well as offers social, marketing and sales, information software, leasing and investing, and after-sales and sales support services. Further, it engages in the substrates production; investment advisory and warehousing management; design and manufacturing of electronic components and new electronic applications; technical advisory; management, training, and consulting of organization and human resources; projection of plastic; manufacture and sale of antennas, RF amplifiers and wave straps, PCBs, and tuners; and research and development activities. ASE Technology Holding Co., Ltd. was founded in 1984 and is based in Kaohsiung, Taiwan.

History

ASE Technology Holding Co., Ltd. was formed when ASE and SPIL jointly established the holding company, completing its listing in 2018. The group integrates the capabilities of ASE, SPIL, and USI, with a corporate structure comprising packaging, testing, and EMS manufacturing subsidiaries, and focuses on advanced packaging and system integration. USI extends the group into system-level modules and EMS manufacturing. It operates a global production and service network spanning Taiwan, mainland China, Malaysia, Singapore, the United States, Mexico, Poland, and Vietnam, with Jason C.S. Chang serving as chairman.

Industry position

Reuters describes the company as the world's largest chip packaging and testing service provider, at the forefront of the OSAT sector, with its business spanning back-end packaging, testing, system integration, and EMS manufacturing. Subsidiary SPIL is an important supplier for Nvidia AI chip packaging, a relationship lasting 27 years. Its advanced packaging and testing revenue grew from roughly US$0.25 billion in 2023 to US$0.6 billion in 2024, with guidance of US$1.6 billion for 2025 and a 2026 target above US$3.5 billion. Competitive strengths include scale and capacity density, customer-validation and yield-ramp experience, process know-how, and the integrated capabilities of ASE, SPIL, and USI.