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Taiwan's ASE Forecasts Over Doubling of 2025 Advanced Packaging and Testing Revenue to $1.6 Billion

ASE Technology Holding Co., the world's leading chip packaging and testing provider, announced on Thursday its anticipation of a substantial revenue increase in advanced packaging and testing to reach $1.6 billion this year, driven by escalating global demand for AI chips.

During an earnings call, ASE CFO Joseph Tung noted that revenue from this sector soared to $600 million in 2024 from $250 million in 2023. Tung also specified that for the projected revenue boost in 2025, 75% is expected to stem from leading-edge packaging and 25% from advanced testing.

Furthermore, ASE’s subsidiary, Siliconware Precision Industries, has been a vital supplier to Nvidia for the past 27 years.