Advanced Semiconductor reports 48.8% m-o-m sequential growth of revenues in Feb 2010

Taiwan based Advanced Semiconductor Engineering, the world's largest independent provider of semiconductor packaging and test services has reported a revenue of 12,984 million NT$ (approximate 406 million US$) for the month of Feb 2010, this is a sequential growth of 48.8% compared to Jan 2010 revenue of 8723 million NT$ and a whopping 202% growth compared to same month a year ago.

The level of growth clearly indicates the semiconductor market's sudden rise of demand for chips. Now the semiconductor vendors are rushing to convert their stocked chips in wafer form into packaged chips.