ASE Technology Holding Co., Ltd. (ASX) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for attending our earnings release today. please refer to our safe harbor notice on page two. All participants consent to having their voices and questions broadcast via participation in this event. If participants do not consent, please disconnect at this time. I would like to remind everyone that the presentation that follows may contain forward-looking statements. These forward-looking statements are subject to a high degree of risk and our actual results may differ materially. For the purposes of this presentation, dollar figures are generally stated in New Taiwan Dollars unless otherwise indicated. As a Taiwan-based company, our financial information is presented in accordance with Taiwan IFRS. Results presented using Taiwan IFRS may differ materially from results using other accounting standards, including those presented by our subsidiary using Chinese GAAP. I am joined today by Joseph Tong, our CFO. For today's presentation, I will be going over the financial results and company guidance. Joseph will then be able to take your questions during the Q&A session that follows. During the Q&A session, I will be moderating, receiving, and as needed, clarifying and condensing each interaction down to a single question. With that, let's get started with the financial results. Our first quarter revenues came in ahead of our original outlooks for both our ATM and EMS businesses. There appeared to be a slight accelerated seasonality from certain customers that emerged during the first quarter, especially as it pertains to our EMS business. We believe there are some customers looking to minimize supply chain volatility by building secure inventory ahead of potential trade tariffs. With that said, we are unable to quantify such impact as we do not have a method t...