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Advanced Semiconductor Engineering, Inc. Refutes Statement Published by Citi Investment Research & Analysis

Thu. October 15, 2009; Posted: 03:00 AM
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TAIPEI, Taiwan, Oct 15, 2009 /PRNewswire-Asia-FirstCall via COMTEX/ -- ASX | Quote | Chart | News | PowerRating -- Advanced Semiconductor Engineering, Inc. (TAIEX: 2311; NYSE: ASX | Quote | Chart | News | PowerRating) (hereinafter "ASE", or the "Company") officially refuted the statement in the ASE company report published by Citi Investment Research & Analysis on October 12th, 2009, indicating ASE has lost 10-20 copper wirebonding process engineers to competitor. ASE has not lost any copper wirebonding process engineers to competitors.

Safe Harbor Notice:

This press release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended, including statements regarding our future results of operations and business prospects. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words "anticipate", "believe", "estimate", "expect", "intend", "plan" and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. Our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons, including risks associated with cyclicality and market conditions in the semiconductor industry; demand for the outsourced semiconductor packaging and testing services we offer and for such outsourced services generally; the highly competitive semiconductor industry; our ability to introduce new packaging, interconnect materials and testing technologies in order to remain competitive; our ability to successfully integrate pending and future mergers and acquisitions; international business activities; our business strategy; general economic and political conditions, including the recent global financial crisis; possible disruptions in commercial activities caused by natural or human-induced disasters; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People's Republic of China; fluctuations in foreign currency exchange rates; and other factors. For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including our 2008 Annual Report on Form 20-F filed on June 24, 2009.

    Contact:

     ASE, Inc.
     Room 1901, No. 333, Section 1
     Keelung Road, Taipei, Taiwan, 110

     Tel: +886-2-8780-5489
     Fax: +886-2-2757-6121
     http://www.aseglobal.com

     Joseph Tung
     CFO/Vice President
     Allen Kan, Manager
     Email: ir@aseglobal.com

SOURCE Advanced Semiconductor Engineering, Inc.

http://www.aseglobal.com
For full details on Advanced Semiconductor Engineering Inc. ADS (ASX) click here. Advanced Semiconductor Engineering Inc. ADS (ASX) has Short Term PowerRatings of 5. Details on Advanced Semiconductor Engineering Inc. ADS (ASX) Short Term PowerRatings is available at This Link.

    


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