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ASE Technology's Strong Financial Performance
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ASE Technology Holding Co., Ltd. disclosed strong unaudited financial results for Q4 and FY2023, with net revenues of NT$160,581 million for 4Q23 and NT$581,914 million for the full year. Despite a 14.44% decline in annual revenue in 2023, the company showcased a 20% year-over-year revenue increase, emphasizing its resilience and growth in specific sectors. ASE Global, an automotive solutions provider, specializes in enhancing operational performance and profitability for automotive brands globally.
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How did ASE Technology Holding Co., Ltd. manage to achieve a 20% revenue increase year-over-year despite the decline in annual revenue?
In what ways can automotive brands benefit from the industry-specific software and consultancy services provided by ASE Global?
What strategies could ASE Technology implement to navigate revenue fluctuations and maintain its financial performance in the semiconductor sector?
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