ASE Technology Holding: Advanced Packaging and Testing Growth Exceeds Expectations, Increased Capital Expenditure for Capacity Expansion
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AI Summary (NQ-processed)
ASE Technology Holding announced that its Advanced Packaging and Testing (LEAP) business growth exceeded expectations, leading to an additional capital expenditure of approximately US$1.5 billion to expand capacity, anticipating strong growth until 2027. Q2 revenue is projected to increase by 7-9% QoQ, with an improved gross profit margin.