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ASE Technology's Q2 Profit Shoots Up as Revenue Rises 27%

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ASE Technology's (TPE:3711) attributable profit surged to NT$21.1 billion in the second quarter from NT$7.52 billion a year earlier.

Diluted earnings per share rose to NT$4.61 from NT$1.70 a year earlier.

Revenue climbed 27% year over year to NT$191.1 billion due to higher semiconductor assembly, testing and electronic manufacturing services sales. On a sequential basis, revenue increased 10%.

Gross margin improved to 21% from 20% in the first quarter, while operating margin rose to 11% from 10%, it said.

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