ASE Holdings raises 2026 capex to US$11.5 billion after profit surge

ASE Technology Holding reported net profit of NT$26.996 billion (US$831 million) for the third quarter of 2026, a 28% increase from the previous quarter and a 148% gain from a year earlier. The result marked the semiconductor packaging and electronics manufacturing services provider's highest profit in nearly 19 quarters. ASE also increased its 2026 capital expenditure budget by US$1 billion to US$11.5 billion and said spending is expected to rise again in 2027.