FORM
6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
May 5, 2005
Commission File Number 001-16125
Advanced
Semiconductor Engineering, Inc.
(Exact name of Registrant as specified in its charter)
26 Chin Third Road
Nantze Export Processing Zone
Kaoshiung, Taiwan
Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F X | Form 40-F |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ______
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ______
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrants home country), or under the rules of the home country exchange on which the registrants securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrants security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes | No X |
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
Not applicable
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
ADVANCED
SEMICONDUCTOR ENGINEERING, INC. |
Date: May 5, 2005 | By: | /s/ Joseph Tung | |
Name: Title: |
Joseph
Tung Chief Financial Officer |
Item 1
Presentation at Press Conference Regarding Chung Li Fire Advanced Semiconductor Engineering, Inc. May 4th, 2005 |
Safe Harbor Notice This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. 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; possible disruptions in commercial activities caused by natural or human-induced disasters, including terrorist activity and armed conflict; 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 2003 Annual Report on Form 20-F filed on June 30, 2004. |
A B C Completion Date: 2002 2005 2005 Floor Space (ping): 17,500 26,114 2,638 |
o Status Update o Status of injured employees, outside contractors and fire fighter o Site inspections and investigations of cause o Insurance claim process o Building structure assessment o Communications with customers o Clean-up and community relations |
Chungli Building A Operations B1F PBGA Material Production 1F FC/PBGA Material Production 2F PBGA Material Production 3F PBGA Material Production 4F FC/PBGA Material Production 5F Test Operations 6F FC Material Production 7F FC Material Production 8F Packaging Operations 9F Packaging Operations 10F Packaging & Test Operations 11F Packaging Operations |
Fixed Assets & WIP Book Value in Chungli Building A o Fixed assets (as of Mar. 31, 2005) > Machinery & Equipment approx. NT$9 Bn > Building & Facilities approx. NT$3.2 Bn ---------------------------------------------- > Total approx. NT$12.2 Bn o WIP & raw materials values to be determined |
Insurance o Amount of Insurance for Chungli Campus > Machinery & Equipment approx. NT$10.3 Bn > Building & Facilities approx. NT$ 3.5 Bn > WIP & Inventory approx. NT$ 2.7 Bn |
Estimated Revenue Impact o Estimated revenue impact to be around NT$1 Billion, accounting for less than 2% of ASE Group's 2005 full-year revenues |
Production Capacity Transfer Plan for Packaging and Test Operations o With approximately 500 wirebonders (compared to a total of 6,672 wirebonders in ASE Group), Building A housed BGA packaging operations o With approximately 100 testers (compared to a total of 1,493 testers in ASE Group), Building A housed wafer probe and final test operations o Packaging & test monthly production value was approximately US$15 million for Building A > Within 1 month, we plan to transfer US$10 million of production to Kaohsiung facilities and US$5 million of production to the ex- Motorola production building on ASE Chungli campus > Within 2 months, Building B on the same campus plans to reach a packaging and test output at an approximately US$5 million monthly run rate. Within 4 months, Building B plans to add another US$5 million monthly production capacity. > Plan to internally reallocate a majority of machinery and equipment requirements |
PBGA Substrate Production Transfer Plan o Impacted substrate production output is estimated at 10 million pieces/month (original group output was 24 million pieces/month) o Chungli accounts for approximately 1/3 of group's capacity o Plan to increase outside purchase and substrate output in other sites as interim solution o By end of 2005 Q2, ASE is aiming at returning to a monthly capacity of 20 million pieces o By end of 2005 Q3, ASE is aiming at returning to a monthly output of 26 million pieces |
FC Substrate Production Transfer Plan o Impacted FC substrate production output is approximately 1 million pieces/month, accounting for all of group's total FC substrate production capacity, providing 13-15% of group's needs o FC substrate production restoration plan > In order to minimize impact on packaging & test operations for our customers, we have asked for assistance from our suppliers to increase shipment > Establish Building B as a potential new FC substrate production site and resume production within 4 months with progressive expansion plan to reach an estimated monthly capacity of 6 million pieces |
ASE Inc. Chungli Building A Revenues in 2004 Approx. NT$5.44 Bn ASE Inc. Consolidated Revenues in 2004 Approx. NT$81.71 Bn Weighting 6.7% Chungli Building A Net PP&E as of 3/31/2005 Approx. NT$12.2 Bn ASE Inc. Consolidated Total Assets as of 3/31/2005 Approx. NT$133.28 Bn Weighting 9.2% |
ASE Test Ltd. Chungli Building A CP Revenues in 2004 Approx. US$27 mm ASE Test Ltd. Revenues in 2004 Approx. US$621 mm Weighting 4.3% Chungli Building A CP Net PP&E as of 3/31/2005 Approx. US$38 mm ASE Test Ltd. Total Assets as of 3/31/2005 Approx. US$1,056 mm Weighting 3.6% |