Advanced Semiconductor Engineering, Inc. is an independent provider of semiconductor packaging services and, together with its subsidiary, ASE Test Limited, an independent provider of semiconductor testing services. The Company offers a broad range of advanced semiconductor packaging and testing services. Its package types employ either leadframes or substrates as interconnect materials. The Company's testing services include front-end engineering testing, which is performed during and following the initial circuit design stage of the semiconductor manufacturing process; wafer probe; final testing, and other related semiconductor testing services. The Company focuses on packaging and testing logic semiconductors. The Company offers its customers turnkey services, which consist of packaging, testing and direct shipment of semiconductors to end users designated by its customers. - Yahoo Finance Profile - Advanced Semiconductor En (NYSE:ASX)
The cash-rich ASX used to have the size of about 1/3 of its larger competitor – Amkor about 3 years ago. But it is now running neck to neck with it.
With its low debt/equity ratio of 1.11 favorably compared to AMKR (7.5) and CHPC (2.48), abundant cash ($427 million vs $351.5 million and 26.7 million for AMKR and CHPC), and its strong tie to the Great China economy, it is probably just a matter of time that ASX will surpass all its competitors in the near future as it claimed. |
