【News】【Semiconductor】Apple decide to use SiP, ASE got the order.

Apple decide to use SiP, ASE got the order.

Conclusion:

1: Apple’s products used lots of SiP module.

2: Apple may use more SiP module in their products of future.

3: ASE got major parts of SiP’s order from Apple.

4: Base on the news, most of revenue may come from SiP’s order. 

From this year, Apple introduced SiP (System In Package) technology on their packing process. SiP was not only used on “Apple Watch”, but also in the iPhone 6S/6S Plus in the second half year. Also, the SiP process will use on finger print sensor and force touch in Macbook and iPad products. From above information, ASE’s EPS (Earning Per Share) might over 4~4.5 NTD since ASE got the order from Apple’s SiP packing & testing.

Base on the business’ forecast reporter, the predict sell volume of Apple Watch is over 20 million pcs, most of the forecaster thought Apple Watch can hit the market. Also, iFixit website’s report showed, Apple Watch used lots of SiP packaging module in it. These included, accelerator, gyroscope, heart rate sensor, microphone’s MEMS module, press sensor, NFC, WiFi, bluethooth. ASE get the 80% volume of the SiP process of Apple Watch.

Last second year, Apple pushed iPhone 6/6 Plus, the selling record was pretty good. In 2^nd quarter, selling is over 60 million pcs. In iPhone6, there are 6 sets of SiP modules. Included, A8 chip, finger print sensor, wireless net, gyroscope, CMOS, and amplifie. ASE got 70% volume of iPhone’s SiP module’s order.

This made ASE’s 1^st quarter had 22.3 billion NTD revenue, 18 % raised compare to last year.

The advantage of SiP is combined different chip in the same module. Since the iPhone 6/6 Plus, and Apple Watch had a good selling, Apple decided involved more SiP module in the products to second half year.

Some of suppliers said, Apple may increase SiP module from 9 sets to 12 sets. Also, the SiP module was already in the Apple’s laptop. From the information, Apple may become the biggest SiP user, and ASE could get lots of benefit from this.

ASE didn’t have any common on one customer and information of order, but they are optimistic on the future of SiP. Since Apple’s products really hit the market, ASE’s 2^nd quarter should better than his competitor. The revenue may get 10% higher than last year and target to 300 billion NTD. This will make the EPS up to 4~4.5 NTD.