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Advanced Semiconductor Engineering (ASE) has reported consolidated revenues of NT$20.6 billion (U$638.8 million) for May 2016, up by 1.9% sequentially but down by 11.8% on year, according to Digitimes.
The company’s core IC ATM (assembly test and material) business posted revenues of NT$13.07 billion in May 2016, up by 7.4% on month and 4.6% from a year ago. Rising revenues generated from the IC ATM unit helped offset decelerating growth in the company's EMS business.
The company previously said that a slowdown in demand for system-in-package (SiP) would affect the performance of its EMS operations in the second quarter of 2016, but sales generated from its IC ATM business would return to the levels reached in the fourth quarter of 2015, the Digitimes report added.