ASX - ASE Technology Holding Co. Ltd. (ASX) Q4 2023 Earnings Call Transcript
2024-02-01 16:13:04 ET
ASE Technology Holdings Co., Ltd. (ASX)
Q4 2023 Results Conference Call
February 01, 2024 02:00 AM ET
Company Participants
Ken Hsiang - Head of Investor Relations
Joseph Tung - Chief Financial Officer
Tien Wu - COO
Conference Call Participants
Gokul Hariharan - JPMorgan
Laura Chen - Citi
Charlie Chan - Morgan Stanley
Bruce Lu - Goldman Sachs
Randy Abrams - UBS
Szeho Ng - China Renaissance
Dylan Liu - Morgan Stanley
Presentation
Ken Hsiang
Hello. I am Ken Hsiang, the Head of Investor Relations for ASE Technology Holdings. Welcome to our Fourth Quarter and Full Year 2023 Earnings Release. Thank you for attending today. Please refer to our Safe Harbor notice on Page [Technical Difficulty] 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 Tung, our CFO; and Dr. Tien Wu, our COO. For today's presentation, I will first be going over the financial results. Dr. Wu will then give a market update and the 2024 key points. Joseph will then give the official company guidance. Both Joseph and Tien will then be available to take your questions during the Q&A session that follows. During the Q&A session, each caller will be limited to 2 questions at a time, but may return to the queue for further questions.
As per our expectations, the overall demand environment for our services remained sluggish during the fourth quarter. However, there were pockets of stronger performers within the devices we serve. But by and large, our customers remain conservative in their ordering patterns. In general, higher-end leading-edge services seem to be faring better than legacy services, but stronger wide breadth volumes remained elusive....
ASE Technology Holding Co., Ltd. (ASX) Q4 2023 Earnings Call Transcript