Taiwan's ASE sees Q4 sales, margins flat vs Q3

Fri Oct 30, 2009 3:01am EDT
 
[-] Text [+]

TAIPEI, Oct 30 (Reuters) - Taiwan's ASE (2311.TW) (ASX.N), the world's largest chip packaging and testing company, said on Friday it expected fourth-quarter sales and profit margins to be flat from the third quarter.

Chief Financial Officer Joseph Tung made the comment during an investor conference.

ASE's forecasts came after the Taipei stock market closed on Friday. The stock rose 0.58 percent, outperforming the main TAIEX's 0.21 percent drop. (US$1=T$32.6) (Reporting by Baker Li, Editing by Jonathan Hopfner)

 

Featured Broker sponsored link