Taiwan's ASE sees its advanced packaging business doubling to $3.2 billion in 2026

Core Viewpoint - ASE Technology Holding anticipates its advanced packaging business will double to $3.2 billion by 2026, reflecting strong growth prospects in the semiconductor industry [1]. Group 1: Financial Performance - ASE reported fourth-quarter revenue of T$177.9 billion ($5.62 billion), representing a 9.6% increase year-over-year [1]. - The company experienced a significant 58% rise in net income during the same period [1]. Group 2: Capital Expenditure Plans - ASE's subsidiary, Siliconware Precision Industries (SPIL), is a key packaging supplier for Nvidia's AI chips [2]. - The company plans to invest an additional $1.5 billion in machinery capital expenditure in 2023, following last year's expenditure of $3.4 billion [2]. - Investment in buildings and facilities is expected to remain consistent with last year's level of $2.1 billion [2]. Group 3: Strategic Outlook - The Chief Financial Officer emphasized the company's commitment to aggressive capital expenditure to support strong business prospects for 2026 and beyond [3].