To Tsang's questions to ASE Technology Holding Co Ltd (ASX) leadership • Q2 2024
Question
To Tsang of CLSA asked about the revenue contribution from advanced packaging as a percentage of total revenue and sought details on the NTD 250 million incremental revenue figure. He also inquired about any emerging synergies or recovery signs in the industrial and auto segments following the acquisition of Infineon's fabs.
Answer
CFO Joseph Tung clarified that leading-edge packaging and test revenue is about 5% of the ATM business this year, up from 2.5% last year, and is expected to double again next year. The NTD 250 million is the incremental revenue target for this year, which the company is on track to exceed. Regarding the auto segment, he noted that while overall sentiment is soft, ASE is gaining market share through automation, with auto expected to represent about 11% of ATM sales this year.