Revenue Growth in Leading-edge Advanced Packaging
Leading-edge advanced packaging and testing revenues increased to over USD 600 million in 2024, up from USD 250 million in 2023, and are expected to increase by USD 1 billion in 2025.
Testing Business Acceleration
The testing business grew 9% year-on-year in 2024 and 18% year-on-year in Q4 of 2024. The business is projected to continue its accelerated growth into 2025.
Strong Capital Expenditure
Machinery CapEx was USD 1.9 billion in 2024, up by USD 1 billion from 2023, driven by investments in advanced packaging and testing.
Positive Financial Performance
Consolidated net revenues increased 2% in 2024 compared to 2023, with ATM revenues up 3% year-on-year.