ASE Test Limited Announces September 2006 Revenues

Monitor this Company

TAIPEI, Taiwan, Oct. 11 /Xinhua--FirstCall/ -- ASE Test Limited (Nasdaq: ASTSF) today announces that its unaudited consolidated September 2006 net revenues were US$42.9 million. Compared to prior periods, the September figure represents a decrease of 8.2% sequentially and an increase of 9.5% year-over-year. On a quarterly basis, the Company's 3rd quarter revenues decreased by 4.9% sequentially, and increased by 26.4% year-over-year.

     CONSOLIDATED MONTHLY NET REVENUES (UNAUDITED)

     September August September* Sequential YoY

    (US$000) 2006 2006 2005 Change Change

    Net

    Revenues 42,919 46,769 39,205 -8.2% +9.5%

     3rd quarter 2nd quarter 3rd quarter* Sequential YoY

    (US$000) 2006 2006 2005 Change Change

    Net

    Revenues 136,841 143,873 108,251 -4.9% +26.4%

    * September 2005 and 3rd quarter 2005 revenues are retroactively adjusted

     to net out revenues from discontinuing operations of ASE Malaysia's

     Camera Module assembly operation.

    Safe Harbor Notice:

    This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, including statements regarding our future results of operations and business prospects. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this annual report. We were not involved in the preparation of these projections. The words "anticipate", "believe", "estimate", "expect", "intend", "plan" and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this annual report. Our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons, including risks associated with cyclicality and market conditions in the semiconductor industry; demand for the outsourced semiconductor testing and packaging services we offer and for such outsourced services generally; the highly competitive semiconductor industry; our ability to introduce new testing technologies in order to remain competitive; our ability to maintain a high capacity utilization rate relative to our fixed costs; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the ROC and the People's Republic of China, or the PRC; general economic and political conditions; possible disruptions in commercial activities caused by natural and human-induced disasters; fluctuations in foreign currency exchange rates; and other factors. For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including our 2005 Annual Report on Form 20-F filed on June 19, 2006.

    Contact:

     Freddie Liu, Chief Financial Officer

     Asia Tel: +886-2-8780-5489

     Email: freddie_liu@aseglobal.com

    US Contact:

     Ken Hsiang, President, ISE Labs, Inc.

     US Tel: +1-510-687-2475

     Email: khsiang@iselabs.com
Monitor this Company :
You will receive an email alert whenever there is a news item concerning this company.
Name Your Company
Email Address Position/Role


2001 - 2016 Lexdon Business Library
About TrustBase
Privacy Policy