Summary by Moomoo AI
ASE Technology announced its unaudited consolidated net revenues for July 2024, achieving NT$51.6 billion (US$1.59 billion), representing a strong sequential growth of 10.0% from June and a 6.7% increase YoY. The monthly performance demonstrates robust momentum in the semiconductor assembly and testing sector.In the ATM (assembly, testing and material) business segment, the company recorded net revenues of NT$27.4 billion (US$846 million), showing a 5.3% sequential increase from June 2024. However, when measured in US dollars, the ATM segment experienced a slight YoY decline of 2.4% compared to July 2023.