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ASE Technology Holding Co ( (ASX) ) has provided an announcement.
On February 13, 2025, ASE Technology Holding Co. released its 2024 financial results, reporting a 2% year-over-year revenue growth and significant advancements in its testing business, which grew 9% annually. The company plans to continue its momentum into 2025, with advanced packaging and testing revenues expected to increase by USD 1 billion, driven by the strong demand for leading-edge technologies and the growing adoption of edge AI. ASE’s strategic investments in R&D and capacity expansion are set to bolster its competitive positioning in the rapidly evolving semiconductor market.
More about ASE Technology Holding Co
ASE Technology Holding Co., Ltd. is a leading provider in the semiconductor industry, specializing in outsourced semiconductor packaging, testing, and electronic manufacturing services. The company focuses on advanced packaging and testing technologies, positioning itself strongly in the market through its comprehensive technology offerings and scale advantages.
YTD Price Performance: 2.20%
Average Trading Volume: 8,558,949
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $21.89B
See more insights into ASX stock on TipRanks’ Stock Analysis page.
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