Chip packagers Advanced Semiconductor Engineering (ASE) and Siliconware Precision Industries (SPIL) both saw revenues decrease on month in October 2010, according to data released by the companies.
ASE posted consolidated revenues of NT$16.91 billion (US$560 million) in October, down 2.7% on month and bringing a five-month run of record sales to an end. If excluding sales generated by Universal Scientific Industrial (USI), ASE's consolidated revenues would have slid by a mere 0.9% sequentially.
Excluding USI, ASE revealed that its core ATM (assembly test and material) business generated NT$11.17 billion in October 2010 revenues, showing 25.4% growth from a year earlier.
ASE expects sales of its ATM division to remain flat on quarter in the fourth quarter, despite a slight shipment gain, the company said at its recent investors meeting. ASE identified the impact of NT dollar appreciation and strengthening gold prices as the two contributing factors to the flat growth.
Fellow company SPIL collected NT$5.03 billion in October consolidated revenues, down 3.5% from September. The figure showed a 19.1% decrease from the NT$6.23 billion posted in October 2009.
SPIL saw consolidated revenues for the first 10 months of 2010 total NT$53.41 billion, up 11.3% on year.