ASE Technology reports 1.3% drop in January revenue

• ASE Technology (NYSE:ASX) said that its January revenue dropped 1.3% Y/Y to ~$1.51B, down 7.7% M/M.
• Revenue in its home currency was up 4.3% Y/Y, and down 6.5% sequentially to NT$ 49.44B.
• Net revenues for ATM assembly, testing, and material business were $857M, up 7% Y/Y, and down 6.9% M/M.

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