ASE Technology Holding Co., Ltd. and Subsidiaries

ASE Technology Holding Co., Ltd.
and Subsidiaries
Consolidated Financial Statements for the
Years Ended December 31, 2022 and 2021 and
Independent Auditors’ Report
REPRESENTATION LETTER
The entities that are required to be included in the combined financial statements of ASE Technology Holding
Co., Ltd. as of and for the year ended December 31, 2022, under the Criteria Governing the Preparation of
Affiliation Reports, Consolidated Business Reports and Consolidated Financial Statements of Affiliated
Enterprises are the same as those included in the consolidated financial statements prepared in conformity with
the International Financial Reporting Standards No. 10, “Consolidated Financial Statements.” In addition, the
information required to be disclosed in the combined financial statements is included in the consolidated
financial statements. Consequently, ASE Technology Holding Co., Ltd. and its subsidiaries do not prepare a
separate set of combined financial statements.
Very truly yours,
ASE Technology Holding Co., Ltd.
By
JASON C.S. CHANG

Chairman
February 21, 2023
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ASE TECHNOLOGY HOLDING CO., LTD. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(In Thousands of New Taiwan Dollars)
December 31, 2022 December 31, 2021

ASSETS NT$ % NT$ %
CURRENT ASSETS
Cash and cash equivalents (Note 6) $ 58,040,394 8 $ 76,073,345 11
Financial assets at fair value through profit or loss
- current (Note 7) 6,825,157 1 2,933,446 -
Contract assets - current (Note 41) 5,731,173 1 5,607,209 1
Trade receivables, net (Note 10) 114,646,999 16 115,462,210 17
Other receivables (Notes 10 and 30) 16,270,569 2 13,732,607 2
Current tax assets 748,519 - 542,180 -
Inventories (Note 11) 87,337,475 12 67,832,981 10
Inventories related to real estate business (Notes
12 and 36) 5,488,676 1 5,412,114 1
Other financial assets - current (Notes 13 and 36) 734,465 - 140,857 -
Other current assets 4,543,797 1 4,620,779 1
Total current assets 300,367,224 42 292,357,728 43
NON-CURRENT ASSETS
Financial assets at fair value through profit or
loss- non-current (Note 7) 2,108,994 - 2,502,834 -
Financial assets at fair value through other
comprehensive income-non-current (Note 8) 1,542,271 - 2,019,812 -
Investments accounted for using the equity
method (Note 14) 14,813,682 2 17,320,791 3
Property, plant and equipment (Notes 15, 25, 36
and 37) 268,234,618 38 239,867,550 36
Right-of-use assets (Note 16) 11,060,783 2 10,680,262 2
Investment properties (Notes 17, 25 and 36) 21,729,092 3 22,144,787 3
Goodwill (Note 18) 51,657,594 7 51,416,608 8
Other intangible assets (Notes 19 and 25) 21,177,708 3 24,563,707 4
Deferred tax assets 6,341,772 1 5,369,010 1
Other financial assets - non-current (Notes 13
and 36) 4,444,059 1 1,416,123 -
Other non-current assets 3,590,576 1 3,275,073 -
Total non-current assets 406,701,149 58 380,576,557 57
TOTAL $ 707,068,373 100 $ 672,934,285 100
(Continued)
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CONSOLIDATED BALANCE SHEETS

LIABILITIES AND EQUITY NT$ % NT$ %
CURRENT LIABILITIES
Short-term borrowings (Notes 20 and 36) $ 34,526,510 5 $ 34,319,464 5
Financial liabilities at fair value through profit or
loss - current (Note 7) 626,760 - 417,660 -
Financial liabilities for hedging - current (Notes 20
and 34) 12,204,620 2 6,716,965 1
Trade payables 78,997,300 11 84,470,284 13
Other payables (Note 22) 57,115,100 8 46,696,900 7
Current tax liabilities 11,296,222 2 10,044,739 1
Lease liabilities - current (Note 16) 979,612 - 809,536 -
Current portion of bonds payable (Note 21) 4,998,971 1 9,902,710 2
Current portion of long-term borrowings (Notes
20 and 36) 5,041,841 1 4,526,683 1
Other current liabilities 16,473,962 2 13,022,789 2
Total current liabilities 222,260,898 32 210,927,730 32
NON-CURRENT LIABILITIES
Financial liabilities for hedging - non-current
(Notes 20 and 34) - - 4,780,931 1
Bonds payable (Note 21) 42,851,353 6 42,364,627 6
Long-term borrowings (Notes 20 and 36) 94,947,610 13 117,164,876 17
Deferred tax liabilities 8,479,555 1 7,114,529 1
Lease liabilities - non-current (Note 16) 6,728,875 1 6,590,348 1
Net defined benefit liabilities (Note 23) 4,325,492 1 5,864,071 1
Other non-current liabilities 7,549,527 1 3,494,448 1
Total non-current liabilities 164,882,412 23 187,373,830 28
Total liabilities 387,143,310 55 398,301,560 60
EQUITY ATTRIBUTABLE TO OWNERS OF
THE COMPANY (Note 24)
Share capital
Ordinary shares 43,642,185 6 44,034,146 7
Shares subscribed in advance 37,656 - 52,356 -
Total share capital 43,679,841 6 44,086,502 7
Capital surplus 142,686,356 20 143,691,717 21
Retained earnings
Legal reserve 12,582,960 2 6,300,198 1
Special reserve 10,367,052 1 9,569,027 1
Unappropriated earnings 97,882,542 14 75,449,674 11
Total retained earnings 120,832,554 17 91,318,899 13
Other equity (3,954,396 ) (1 ) (11,532,042 ) (2 )
Treasury shares (1,959,107 ) - (7,488,362 ) (1 )
Equity attributable to owners of
the Company 301,285,248 42 260,076,714 38
NON-CONTROLLING INTERESTS (Note 24) 18,639,815 3 14,556,011 2
Total equity 319,925,063 45 274,632,725 40
TOTAL $ 707,068,373 100 $ 672,934,285 100
The accompanying notes are an integral part of the consolidated financial statements.
(With Deloitte & Touche auditor’s report dated February 22, 2023) (Concluded)
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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(In Thousands of New Taiwan Dollars Except Earnings Per Share)
For the Year Ended December 31

2022 2021
NT$ % NT$ %
OPERATING REVENUE (Note 41) $ 670,872,643 100 $ 569,997,133 100
OPERATING COSTS (Notes 11 and 25) 535,942,631 80 459,628,356 81
GROSS PROFIT 134,930,012 20 110,368,777 19
OPERATING EXPENSES (Note 25)

Selling and marketing expenses 6,920,503 1 6,386,763 1
General and administrative expenses 23,464,019 3 20,804,032 3
Research and development expenses 24,369,907 4 21,053,633 4
Total operating expenses 54,754,429 8 48,244,428 8
PROFIT FROM OPERATIONS 80,175,583 12 62,124,349 11
NON-OPERATING INCOME AND EXPENSES

Other income (Note 25) 3,026,352 - 1,910,872 -
Other gains and losses (Note 25) 1,305,781 - 18,157,637 3
Finance costs (Note 25) (4,009,782 ) - (2,831,307 ) -
Share of the profit of associates and
joint ventures 1,127,779 - 973,856 -
Total non-operating income and expenses 1,450,130 - 18,211,058 3
PROFIT BEFORE INCOME TAX 81,625,713 12 80,335,407 14
INCOME TAX EXPENSE (Note 26) 16,398,575 2 14,321,826 3
NET PROFIT FOR THE PERIOD 65,227,138 10 66,013,581 11
OTHER COMPREHENSIVE INCOME (LOSS)

Items that will not be reclassified subsequently to
profit or loss:
Remeasurement of defined benefit obligation 1,157,261 - 51,167 -
Unrealized gain (loss) on equity investments at fair
value through other comprehensive income (423,303 ) - 202,092 -
(Continued)
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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(In Thousands of New Taiwan Dollars Except Earnings Per Share)

2022 2021
NT$ % NT$ %
Share of other comprehensive income (loss)
of associates and joint ventures $ (3,061,731 ) - $ 3,675,236 1
Income tax relating to items that will not be
reclassified subsequently to profit or loss (208,482 ) - (19,319 ) -
(2,536,255 ) - 3,909,176 1
Items that may be reclassified subsequently to
profit or loss:
Exchange differences on translating foreign
operations 10,326,729 1 (4,094,565 ) (1 )
Unrealized gain (loss) on debt investments at
fair value through other comprehensive
income (16,746 ) - 63,722 -
Gain (loss) on hedging instruments 509,229 - 738,600 -
Share of other comprehensive income
of associates and joint ventures (152,833 ) - 29,209 -
10,666,379 1 (3,263,034 ) (1 )
Other comprehensive income (loss) for the
period, net of income tax 8,130,124 1 646,142 -
TOTAL COMPREHENSIVE INCOME FOR
THE PERIOD $ 73,357,262 11 $ 66,659,723 11
NET PROFIT ATTRIBUTABLE TO:

Owners of the Company $ 62,090,494 9 $ 63,907,680 11
Non-controlling interests 3,136,644 1 2,105,901 -
$ 65,227,138 10 $ 66,013,581 11
TOTAL COMPREHENSIVE INCOME

ATTRIBUTABLE TO:
Owners of the Company $ 69,793,469 10 $ 64,627,793 11
Non-controlling interests 3,563,793 1 2,031,930 -
$ 73,357,262 11 $ 66,659,723 11
EARNINGS PER SHARE (Note 27)

Basic $ 14.53 $ 14.84
Diluted $ 13.94 $ 14.40
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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
Equity Attributable to Owners of the Company

Other Equity
Exchange Unrealized Gain
Differences on (Loss) on Financial
Share Capital Retained Earnings Translating Assets at Fair Value Gain (Loss)
Shares Unappropriated Foreign Through Other on Hedging Unearned Non-controlling
(In Thousands) Amounts Capital Surplus Legal Reserve Special Reserve Earnings Total Operations Comprehensive Income Instruments Compensation Total Treasury Shares Total Interests Total Equity
BALANCE AT JANUARY 1, 2021

(RETROSPECTIVELY ADJUSTED) 4,351,592 $ 43,515,920 $ 139,766,099 $ 3,901,384 $ 10,847,697 $ 32,132,053 $ 46,881,134 $ (11,641,040 ) $ 2,501,278 $ (429,265 ) $ - $ (9,569,027 ) $ (1,959,107 ) $ 218,635,019 $ 15,627,534 $ 234,262,553
Appropriation of 2020 earnings
Legal reserve - - - 2,398,814 - (2,398,814 ) - - - - - - - - - -
Special reserve - - - - (1,278,670 ) 1,278,670 - - - - - - - - - -
Cash dividends distributed by the Company - - - - - (18,389,856 ) (18,389,856 ) - - - - - - (18,389,856 ) - (18,389,856 )
- - - 2,398,814 (1,278,670 ) (19,510,000 ) (18,389,856 ) - - - - - - (18,389,856 ) - (18,389,856 )
Changes from investments in associates accounted
for using the equity method - - (30,533 ) - - 382,572 382,572 - (450,054 ) - - (450,054 ) - (98,015 ) - (98,015 )
Other changes in the capital surplus - - 1,633 - - - - - - - - - - 1,633 - 1,633
Net profit for the year ended December 31, 2021 - - - - - 63,907,680 63,907,680 - - - - - - 63,907,680 2,105,901 66,013,581
Other comprehensive income (loss) for the year
ended December 31, 2021, net of income tax - - - - - 25,842 25,842 (3,751,707 ) 3,894,880 551,098 - 694,271 - 720,113 (73,971 ) 646,142
Total comprehensive income (loss) for the year
ended December 31, 2021, net of income tax - - - - - 63,933,522 63,933,522 (3,751,707 ) 3,894,880 551,098 - 694,271 - 64,627,793 2,031,930 66,659,723
Buy-back of ordinary shares - - - - - - - - - - - - (5,529,255 ) (5,529,255 ) - (5,529,255 )
Cash dividends received by subsidiaries from the Company - - 305,737 - - - - - - - - - - 305,737 - 305,737
Changes in percentage of ownership interests in
subsidiaries (Note 31) - - (58,448 ) - - (2,530,714 ) (2,530,714 ) - - - - - - (2,589,162 ) (2,748,521 ) (5,337,683 )
Issue of ordinary shares under employee share options
(Note 28) 57,058 570,582 3,648,781 - - - - - - - (1,164,991 ) (1,164,991 ) - 3,054,372 - 3,054,372
Cash dividends distributed by subsidiaries - - - - - - - - - - - - - - (1,062,529 ) (1,062,529 )
Additional non-controlling interest arising on issue of
employee share options by subsidiaries (Note 28) - - 58,448 - - - - - - - - - - 58,448 314,398 372,846
Issue of convertible bonds by subsidiary (Note 21) - - - - - - - - - - - - - - 393,199 393,199
Disposal of investments in equity instruments at fair value
through other comprehensive income - - - - - 1,042,241 1,042,241 - (1,042,241 ) - - (1,042,241 ) - - - -
BALANCE AT DECEMBER 31, 2021 4,408,650 $ 44,086,502 $ 143,691,717 $ 6,300,198 $ 9,569,027 $ 75,449,674 $ 91,318,899 $ (15,392,747 ) $ 4,903,863 $ 121,833 $ (1,164,991 ) $ (11,532,042 ) $ (7,488,362 ) $ 260,076,714 $ 14,556,011 $ 274,632,725
BALANCE AT JANUARY 1, 2022 4,408,650 $ 44,086,502 $ 143,691,717 $ 6,300,198 $ 9,569,027 $ 75,449,674 $ 91,318,899 $ (15,392,747 ) $ 4,903,863 $ 121,833 $ (1,164,991 ) $ (11,532,042 ) $ (7,488,362 ) $ 260,076,714 $ 14,556,011 $ 274,632,725
Appropriation of 2021 earnings

Legal reserve - - - 6,282,762 - (6,282,762 ) - - - - - - - - - -
Special reserve - - - - 798,025 (798,025 ) - - - - - - - - - -
Cash dividends distributed by the Company - - - - - (30,501,981 ) (30,501,981 ) - - - - - - (30,501,981 ) - (30,501,981 )
- - - 6,282,762 798,025 (37,582,768 ) (30,501,981 ) - - - - - - (30,501,981 ) - (30,501,981 )
(Continued)
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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
Equity Attributable to Owners of the Company

Other Equity
Exchange Unrealized Gain
Differences on (Loss) on Financial
Share Capital Retained Earnings Translating Assets at Fair Value Gain (Loss) on
Shares Unappropriated Foreign Through Other Hedging Unearned Non-controlling
(In Thousands) Amounts Capital Surplus Legal Reserve Special Reserve Earnings Total Operations Comprehensive Income Instruments Compensation Total Treasury Shares Total Interests Total Equity
Donations from shareholders - - $ 471,894 - - $ - $ - - $ - - - $ - - $ 471,894 - $ 471,894
Changes from investments in associates accounted for
using the equity method - - 87,940 - - 152,102 152,102 - (152,102 ) - - (152,102 ) - 87,940 - 87,940
Other changes in the capital surplus - - 1,186 - - - - - - - - - - 1,186 - 1,186
Net profit for the year ended December 31, 2022 - - - - - 62,090,494 62,090,494 - - - - - - 62,090,494 3,136,644 65,227,138
ended December 31, 2022, net of income tax - - - - - 895,896 895,896 9,864,258 (3,455,627 ) 398,448 - 6,807,079 - 7,702,975 427,149 8,130,124
Total comprehensive income (loss) for the year
ended December 31, 2022, net of income tax - - - - - 62,986,390 62,986,390 9,864,258 (3,455,627 ) 398,448 - 6,807,079 - 69,793,469 3,563,793 73,357,262
Buy-back of treasury shares - - - - - - - - - - - - (205,608 ) (205,608 ) - (205,608 )
Cancelation of treasury shares (55,000 ) (550,000 ) (2,463,716 ) - - (2,721,147 ) (2,721,147 ) - - - - - 5,734,863 - - -
Cash dividends received by subsidiaries from the Company - - 38,404 - - - - - - - - - - 38,404 - 38,404
Changes in percentage of ownership interest in
subsidiaries (Note 31) - - (8,963 ) - - (211,184 ) (211,184 ) - - - - - - (220,147 ) (312,775 ) (532,922 )
Issue of ordinary shares under employee share options
(Note 28) 14,334 143,339 742,845 - - - - - - - 732,144 732,144 - 1,618,328 - 1,618,328
Cash dividends distributed by subsidiaries - - - - - - - - - - - - - - (575,089 ) (575,089 )
Additional non-controlling interest arising on issue of
employee share options by subsidiaries (Note 28) - - 125,049 - - - - - - - - - - 125,049 315,871 440,920
Issue of convertible bonds by subsidiary (Note 21) - - - - - - - - - - - - - - 1,092,004 1,092,004
Disposal of investments in equity instruments at fair value
through other comprehensive income - - - - - (190,525 ) (190,525 ) - 190,525 - - 190,525 - - - -
BALANCE AT DECEMBER 31, 2022 4,367,984 $ 43,679,841 $ 142,686,356 $ 12,582,960 $ 10,367,052 $ 97,882,542 $ 120,832,554 $ (5,528,489 ) $ 1,486,659 $ 520,281 $ (432,847 ) $ (3,954,396 ) $ (1,959,107 ) $ 301,285,248 $ 18,639,815 $ 319,925,063
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CONSOLIDATED STATEMENTS OF CASH FLOWS

2022 2021
NT$ NT$
CASH FLOWS FROM OPERATING ACTIVITIES

Profit before income tax $ 81,625,713 $ 80,335,407
Adjustments for:
Depreciation expense 51,520,810 50,470,157
Amortization expense 3,931,079 4,054,120
Net (gain) loss on fair value changes of financial assets
and liabilities at fair value through profit or loss (4,107,745 ) 1,490,005
Finance costs 4,009,782 2,831,307
Interest income (654,747 ) (542,329 )
Dividend income (278,381 ) (289,852 )
Share based compensations 989,843 699,211
Share of profit of associates and joint ventures (1,127,779 ) (973,856 )
Gain on disposal of property, plant and equipment (113,356 ) (71,770 )
Impairment loss recognized on financial assets 119,974 4,718
Impairment loss recognized on non-financial assets 2,359,055 774,712
Gain on disposal of subsidiaries - (17,340,418 )
Gain recognized in bargain purchase transaction - (33,114 )
Net loss on foreign currency exchange 6,318,273 (1,668,522 )
Others 6,766 (74,356 )
Changes in operating assets and liabilities
Financial assets mandatorily classified as at fair value
through profit or loss 7,070,941 2,174,012
Contract assets (123,964 ) (1,345,069 )
Trade receivables 754,156 (27,957,812 )
Other receivables (1,953,605 ) (354,849 )
Inventories (21,669,101 ) (23,325,588 )
Other current assets 20,864 (819,252 )
Other financial assets (3,476,090 ) (811,510
Other operating assets (606,418 ) 26,306
Financial liabilities held for trading (5,928,083 ) (3,814,095 )
Trade payables (5,456,906 ) 13,654,819
Other payables 7,047,162 5,938,081
Other current liabilities 1,592,098 5,552,277
Other operating liabilities 5,265,384 2,017,904
Cash generated from operations 127,135,725 90,600,644
Interest received 652,679 527,551
Dividend received 957,611 655,537
Interest paid (3,494,516 ) (2,625,883 )
Income tax paid (14,250,527 ) (7,423,947 )
Net cash generated from operating activities 111,000,972 81,733,902
(Continued)
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2022 2021
NT$ NT$
CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of financial assets at fair value through other
comprehensive income $ (20,000 ) $ (32,246 )
Proceeds from sale of financial assets at fair value through
other comprehensive income - 672
Return of capital from financial assets at fair value
through other comprehensive income 63,051 14,201
Proceeds from sale of financial assets at amortized cost - 26,531
Acquisition of associates accounted
for using the equity method (117,589 ) (226,560 )
Net cash outflow on acquisition of subsidiaries - (180,718 )
Proceeds from disposal of subsidiaries - 23,941,276
Payments for property, plant and equipment (72,639,905 ) (70,905,659 )
Proceeds from disposal of property, plant and equipment 749,757 1,605,002
Payments for intangible assets (382,767 ) (1,069,866 )
Proceeds from disposal of intangible assets 4,932 1,421
Payments for right-of-use assets (682,602 ) (956,218 )
Payments for investment properties (114,786 ) -
Increase in other financial assets (268,205 ) (372,091 )
Decrease in other financial assets 252,845 447,665
Increase in other non-current assets (267,003 ) (1,416,675 )
Decrease in other non-current assets 280,916 324,270
Income tax paid (842,440 ) (570,700 )
Proceeds from disposal of right-of-use assets - 278,126
Other investing activities items 31,922 -
Net cash used in investing activities (73,951,874 ) (49,091,569 )
CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from short-term borrowings 1,866,253 10,043,398
Proceeds from bonds offering 6,365,377 3,280,943
Repayment of bonds payable (9,904,800 ) (7,000,000 )
Proceeds from long-term borrowings 214,642,236 190,192,666
Repayment of long-term borrowings (244,158,657 ) (174,173,841 )
Repayment of the principle portion of lease liabilities (1,035,019 ) (907,403 )
Dividends paid (29,990,842 ) (18,082,500 )
Proceeds from exercise of employee share options 1,069,255 2,727,915
Payments for buy-back of ordinary shares (205,608 ) (5,529,255 )
Decrease in non-controlling interests (1,108,010 ) (6,400,212 )
Other financing activities 1,009 (22,557 )
Net cash generate from (used in) financing activities (62,458,806 ) (5,870,846 )
(Continued)
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2022 2021
NT$ NT$
EFFECTS OF EXCHANGE RATE CHANGES ON

THE BALANCE OF CASH AND CASH
EQUIVALENTS $ 7,376,757 $ (2,236,213 )
NET INCREASE (DECREASE) IN CASH AND CASH

EQUIVALENTS (18,032,951 ) 24,535,274
CASH AND CASH EQUIVALENTS AT THE BEGINNING

OF THE PERIOD 76,073,345 51,538,071
CASH AND CASH EQUIVALENTS AT THE END OF

THE PERIOD $ 58,040,394 $ 76,073,345
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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021
(Amounts in Thousands of New Taiwan Dollars, Unless Stated Otherwise)
1. GENERAL INFORMATION
ASE Technology Holding Co., Ltd. (the “Company”) is a corporation incorporated in Nanzih Technology
Industrial Park under the laws of Republic of China (“R.O.C.”) starting from April 30, 2018 (date of
incorporation). The Company and its subsidiaries (collectively referred to as the “Group”) offer a
comprehensive range of semiconductors packaging, testing, and electronic manufacturing services
(“EMS”).
The Company’s subsidiaries, Advanced Semiconductor Engineering, Inc. (symbol “2311”, “ASE”) and
Siliconware Precision Industries Co., Ltd. (symbol “2325”, “SPIL”), entered into and executed a joint share
exchange agreement to establish the Company and the Company acquired all issued and outstanding
ordinary shares of ASE and SPIL on April 30, 2018. Both of ASE’s and SPIL’s ordinary shares have been
delisted while the ordinary shares of the Company were listed starting from the same date under the symbol
“3711”. In addition, ASE’s ordinary shares that have been traded on the New York Stock Exchange (the
“NYSE”) under the symbol “ASX” in the form of American Depositary Shares (“ADS”) starting from
September 2000 were exchanged as the Company’s ADSs under the same symbol “ASX” starting from
April 30, 2018.
The ordinary shares of the Company’s subsidiary, Universal Scientific Industrial (Shanghai) Co., Ltd.
(“USISH”), have been listed on the Shanghai Stock Exchange under the symbol “601231” since February
2012.
The consolidated financial statements are presented in the Company’s functional currency, New Taiwan
dollar (NT$).
2. APPROVAL OF FINANCIAL STATEMENTS
The consolidated financial statements were authorized for issue by the board of directors on February 21,
2023.
3. APPLICATION OF NEW, AMENDED AND REVISED STANDARDS AND INTERPRETATIONS
a. Initial application of the amendments to the International Financial Reporting Standards (IFRS),
International Accounting Standards (IAS), IFRIC Interpretations (IFRIC), and SIC Interpretations (SIC)
(collectively, the “IFRSs”) endorsed and issued into effect by the Financial Supervisory Commission
(the “FSC”)
The initial application of the IFRSs endorsed and issued into effect by the FSC did not have material
impact on the Group’s accounting policies.
- 15 -
b. The IFRSs endorsed by the FSC for application starting from 2023
New, Revised or Amended Standards and Interpretations Effective Date

(New IFRSs) Announced by IASB
Amendments to IAS 1 “Disclosure of Accounting Policies” January 1, 2023 (Note 1)

Amendments to IAS 8 “Definition of Accounting Estimates” January 1, 2023 (Note 2)
Amendments to IAS 12 “Deferred Tax related to Assets and January 1, 2023 (Note 3)
Liabilities arising from a Single Transaction”
Note 1: The amendments will be applied prospectively for annual reporting periods beginning on or
after January 1, 2023.
Note 2: The amendments will be applicable to changes in accounting estimates and changes in
accounting policies that occur on or after the beginning of the annual reporting period
beginning on or after January 1, 2023.
Note 3: Except for deferred taxes that were recognized on January 1, 2022 for temporary differences
associated with leases and decommissioning obligations, the amendments were applied
prospectively to transactions that occur on or after January 1, 2022.
1) Amendments to IAS 1 “Disclosure of Accounting Policies”
The amendments specify that the Group should refer to the definition of material to determine its
material accounting policy information to be disclosed. Accounting policy information is material if
it can reasonably be expected to influence decisions that the primary users of general purpose
financial statements make on the basis of those financial statements. The amendments also clarify
that:
 Accounting policy information that relates to immaterial transactions, other events or conditions
is immaterial and need not be disclosed;
 The Group may consider the accounting policy information as material because of the nature of
the related transactions, other events or conditions, even if the amounts are immaterial; and
 Not all accounting policy information relating to material transactions, other events or
conditions is itself material.
The amendments also illustrate that accounting policy information is likely to be considered as
material to the financial statements if that information relates to material transactions, other events
or conditions and:
(1) the Group changed its accounting policy during the reporting period and this change resulted in
a material change to the information in the financial statements;
(2) the Group chose the accounting policy from options permitted by the standards;
(3) the accounting policy was developed in accordance with IAS 8 “Accounting Policies, Changes
in Accounting Estimates and Errors” in the absence of an IFRS that specifically applies;
(4) the accounting policy relates to an area for which the Group is required to make significant
judgments or assumptions in applying an accounting policy, and the Group discloses those
judgments or assumptions; or
(5) the accounting is complex and users of the financial statements would otherwise not understand
those material transactions, other events or conditions.
- 16 -
2) Amendments to IAS 8 “Definition of Accounting Estimates”
The amendments define that accounting estimates are monetary amounts in financial statements that
are subject to measurement uncertainty. In applying accounting policies, the Group may be required
to measure items at monetary amounts that cannot be observed directly and must instead be
estimated. In such a case, the Group uses measurement techniques and inputs to develop accounting
estimates to achieve the objective. The effects on an accounting estimate of a change in a
measurement technique or a change in an input are changes in accounting estimates unless they
result from the correction of prior period errors.
3) Amendments to IAS 12 “Deferred Tax related to Assets and Liabilities arising from a Single
Transaction”
The amendments clarify that the initial recognition exemption under IAS 12 does not apply to
transactions in which equal taxable and deductible temporary differences arise on initial
recognition.
The Group shall recognize a deferred tax asset (to the extent that it is probable that taxable profit
will be available against which the deductible temporary difference can be utilized) and a deferred
tax liability for all deductible and taxable temporary differences associated with leases and
decommissioning obligations on January 1, 2022, and the Group shall recognize the cumulative
effect of initial application in retained earnings at that date. The Group shall apply the amendments
prospectively to transactions other than leases and decommissioning obligations that occur on or
after January 1, 2022. The Group shall restate its comparative information when it initially applies
the aforementioned amendments.
Except for the above impact, as of the date the consolidated financial statements were authorized for
issue, the Group has assessed that the application of other standards and interpretations will not have a
material impact on the Group’s financial position and financial performance.
c. The IFRSs issued by IASB but not yet endorsed and issued into effect by the FSC
Effective Date
New, Revised or Amended Standards and Interpretations Announced by IASB (Note 1)
Amendments to IFRS 10 and IAS 28 “Sale or Contribution of Assets To be determined by IASB

between An Investor and Its Associate or Joint Venture”
Amendments to IFRS 16“Leases Liability in a Sale and leaseback” January 1, 2024 (Note 2)
Amendments to IAS 1 “Classification of Liabilities as Current or January 1, 2024
Non-current”
Amendments to IAS 1 “Non-current Liabilities with Covenants” January 1, 2024
Note 1: Unless stated otherwise, the above New IFRSs are effective for annual reporting periods
beginning on or after their respective effective dates.
Note 2: A seller-lessee shall apply the Amendments to IFRS 16 retrospectively to sale and leaseback
transactions entered into after the date of initial application of IFRS 16.
1) Amendments to IAS 1 “Classification of Liabilities as Current or Non-current” (referred to as the

“2020 amendments”) and “Non-current Liabilities with Covenants” (referred to as the “2022
amendments”)
The 2020 amendments clarify that for a liability to be classified as non-current, the Group shall
assess whether it has the right at the end of the reporting period to defer settlement of the liability
for at least twelve months after the reporting period. If such rights are in existence at the end of the
- 17 -
reporting period, the liability is classified as non-current regardless of whether the Group will
exercise that right.
The 2020 amendments also stipulate that, if the right to defer settlement is subject to compliance
with specified conditions, the Group must comply with those conditions at the end of the reporting
period even if the lender does not test compliance until a later date. The 2022 amendments further
clarify that only covenants with which an entity is required to comply on or before the reporting
date should affect the classification of a liability as current or non-current. Although the covenants
to be complied with within twelve months after the reporting period do not affect the classification
of a liability, the Group shall disclose information that enables users of financial statements to
understand the risk of the Group that may have difficulty complying with the covenants and repay
its liabilities within twelve months after the reporting period
The 2020 amendments stipulate that, for the purpose of liability classification, the aforementioned
settlement refers to a transfer of cash, other economic resources or the Group’s own equity
instruments to the counterparty that results in the extinguishment of the liability. However, if the
terms of a liability that could, at the option of the counterparty, result in its settlement by a transfer
of the Group’s own equity instruments, and if such option is recognized separately as equity in
accordance with IAS 32 “Financial Instruments: Presentation”, the aforementioned terms would not
affect the classification of the liability.
Except for the above impact, as of the date the consolidated financial statements were authorized for
issue, the Group is continuously assessing the possible impact that the application of other standards and
interpretations will have on the Group’s financial position and financial performance and will disclose
the relevant impact when the assessment is completed.
4. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
a. Statement of compliance
The consolidated financial statements have been prepared in accordance with the Regulations
Governing the Preparation of Financial Reports by Securities Issuers and IFRSs as endorsed by the
FSC.
b. Basis of Preparation
The consolidated financial statements have been prepared on the historical cost basis except for
financial instruments measured at fair value, contingent considerations assumed in business
combinations and net defined benefit liabilities which are measured at the present value of the defined
benefit obligation less the fair value of plan assets.
The fair value measurements, which are grouped into Levels 1 to 3 based on the degree to which the
fair value measurement inputs are observable and based on the significance of the inputs to the fair
value measurement in its entirety, are described as follows:
1) Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities;
2) Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for an
asset or a liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices); and
3) Level 3 inputs are unobservable inputs for an asset or a liability.
- 18 -
c. Classification of current and non-current assets and liabilities
Current assets include cash and cash equivalents and those assets held primarily for trading purposes or
expected to be realized within twelve months after the balance sheet date, unless the asset is to be used
for an exchange or to settle a liability, or otherwise remains restricted, at more than twelve months after
the balance sheet date. Current liabilities are obligations incurred for trading purposes or to be settled
within twelve months after the balance sheet date (even if an agreement to refinance, or to reschedule
payments, on a long-term basis is completed after the balance sheet date and before the consolidated
financial statements are authorized for issue) and liabilities that do not have an unconditional right to
defer settlement for at least 12 months after the balance sheet date (terms of a liability that could, at the
option of the counterparty, result in its settlement by the issue of equity instruments do not affect its
classification). Assets and liabilities that are not classified as current are classified as non-current.
The Group engages in the construction business which has an operating cycle of over one year. The
normal operating cycle applies when considering the classification of the Group’s construction-related
assets and liabilities.
d. Basis of consolidation
1) Principles for preparing consolidated financial statements
The consolidated financial statements incorporate the financial statements of the Company and the
entities controlled by the Company (i.e. its subsidiaries).
Income and expenses of subsidiaries acquired or disposed of during the period are included in the
consolidated statement of profit or loss and other comprehensive income from the effective dates of
acquisitions up to the effective dates of disposals, as appropriate.
When necessary, adjustments are made to the financial statements of subsidiaries to bring their
accounting policies into line with those used by the Company.
All intra-group transactions, balances, income and expenses are eliminated in full upon
consolidation. Total comprehensive income of subsidiaries is attributed to the owners of the
Company and to the non-controlling interests even if this results in the non-controlling interests
having a deficit balance.
Changes in the Group’s ownership interests in subsidiaries that do not result in the Group losing
control over the subsidiaries are accounted for as equity transactions. The carrying amounts of the
interests of the Group and the non-controlling interests are adjusted to reflect the changes in their
relative interests in the subsidiaries. Any difference between the amount by which the
non-controlling interests are adjusted and the fair value of the consideration paid or received is
recognized directly in equity and attributed to the owners of the Company.
When the Group loses control of a subsidiary, a gain or loss is recognized in profit or loss and is
calculated as the difference between (i) the aggregate of the fair value of the consideration received
and any investment retained in the former subsidiary at its fair value at the date when control is lost
and (ii) the assets (including any goodwill) and liabilities and any non-controlling interests of the
former subsidiary at their carrying amounts at the date when control is lost. The Group accounts for
all amounts recognized in other comprehensive income in relation to that subsidiary on the same
basis as would be required had the Group directly disposed of the related assets or liabilities.
- 19 -
2) Subsidiaries included in consolidated financial statements were as follows:
Percentage of
Establishment Ownership (%)
and Operating December 31,
Name of Investor Name of Investee Main Businesses Location 2022 2021
The Company ASE Engaged in the packaging and testing of R.O.C. 100.0 100.0
semiconductors
USI Inc. (“USIINC”) Holding company R.O.C. 100.0 100.0
SPIL Engaged in the assembly, testing and R.O.C. 100.0 100.0
turnkey services of integrated circuit
ASE Social Enterprise Co., Ltd Engaged in social services and was R.O.C. 100.0 -
established in June 2022
ASE A.S.E. Holding Limited Holding company Bermuda 100.0 100.0
J & R Holding Limited (“J&R Holding company Bermuda 100.0 100.0
Holding”)
Innosource Limited Holding company British Virgin 100.0 100.0
Islands
Omniquest Industrial Limited Holding company British Virgin 71.0 71.0
Islands
ASE Marketing & Service Japan Engaged in marketing and sales services Japan 100.0 100.0
Co., Ltd.
ASE Test, Inc. Engaged in the testing of R.O.C. 100.0 100.0
semiconductors
Luchu Development Engaged in the development of real R.O.C. 67.1 67.1
Corporation estate properties
Advanced Microelectronic Engaged in the manufacturing of R.O.C. 7.6 7.6
Products Inc. (“AMPI”) integrated circuit
ASE Singapore Pte. Ltd. Engaged in the packaging and testing of Singapore 100.0 -
semiconductors (acquired from ASE
Test Limited (“ASE Test”) in
November 2022)
ASE Electronics (M) Sdn. Bhd. Engaged in the packaging and testing of Malaysia 100.0 -
semiconductors (acquired from ASE
Holdings (Singapore) Pte Ltd in
November 2022)
ASE Test, Inc. Alto Enterprises Limited Holding company British Virgin 100.0 100.0
Islands
Super Zone Holdings Limited Holding company Hong Kong 100.0 100.0
Luchu Development Engaged in the development of real R.O.C. 19.0 19.0
Corporation estate properties
TLJ Intertech Inc. Engaged in information software R.O.C. 60.0 60.0
services
MingFeng Information Service Liquidation completed in February 2022 R.O.C. - 100.0
Corp., Ltd.
AMPI Engaged in the manufacturing of R.O.C. 43.4 43.4
integrated circuit
A.S.E. Holding Limited ASE Investment (Labuan) Inc. Holding company Malaysia 70.1 70.1
ASE Test Holding company Singapore 10.2 10.2
ASE Technology Partners, Holding company British Cayman 100.0 100.0
Limited Islands
Integrated Solutions Enterprise Trading company, and was acquired in Belgium 100.0 100.0
Europe (“ITGEU”) October 2021 (Note 29)
J&R Holding ASE Test Holding company Singapore 89.8 89.8
Omniquest Industrial Limited Holding company British Virgin 8.4 8.4
Islands
J&R Industrial Inc. Engaged in leasing equipment and R.O.C. 100.0 100.0
investing activity
ASE Japan Co., Ltd. Engaged in the packaging and testing of Japan 100.0 100.0
semiconductors
ASE (U.S.) Inc. After-sales service and sales support U.S.A. 100.0 100.0
Global Advanced Packaging Holding company British Cayman 100.0 100.0
Technology Limited Islands
Innosource Limited Omniquest Industrial Limited Holding company British Virgin 20.6 20.6
Islands
ASE (Shanghai) Inc. Engaged in the production of substrates Shanghai, China 8.5 8.5
Omniquest Industrial Limited ASE Corporation Holding company British Cayman 100.0 100.0
Islands
Alto Enterprises Limited ASE (Kun shan) Inc. Engaged in the packaging and testing of Kun Shan, China - (Note 2)
semiconductors
ASE Investment (Kun Shan) Holding company (returned shares to Kun Shan, China 100.0 85.9
Limited ASE Assembly & Test (Shanghai)
Limited through capital reduction in
November 2022 and increased Alto
Enterprises Limited’s percentage of
ownership to 100%)
Super Zone Holdings Advanced Semiconductor Engaged in the packaging and testing of Shanghai, China 100.0 100.0
Limited Engineering (China) Ltd. semiconductors, after-sale services,
advisory and lease of factory
ASE Investment (Labuan) ASE (Korea) Inc. (“ASE Engaged in the packaging and testing of Korea 100.0 100.0
Inc. Korea”) semiconductors
ASE Technology Partners, ASE Technology Acquisition Holding company British Cayman 100.0 100.0
Limited Corporation Islands
(Continued)
- 20 -
Percentage of
ASE Test ASE Test Holdings, Ltd. Holding company British Cayman 100.0 100.0
Islands
ASE Holdings (Singapore) Pte Holding company Singapore 100.0 100.0
Ltd
ASE Investment (Labuan) Inc. Holding company Malaysia 29.9 29.9
ASE Singapore Pte. Ltd. Engaged in the packaging and testing of Singapore - 100.0
semiconductors (disposed to ASE in
November 2022)
ASE Test Holdings, Ltd. ISE Labs, Inc. Engaged in the testing of U.S.A. 100.0 100.0
semiconductors
ISE Labs, Inc. ISE Services, Inc. Engaged in wafer procurement and U.S.A. 100.0 100.0
customer product management
services
ASE Holdings (Singapore) ASE Electronics (M) Sdn. Bhd. Engaged in the packaging and testing of Malaysia - 100.0
Pte Ltd semiconductors (disposed to ASE in
November 2022)
Global Advanced Packaging ASE Assembly & Test Engaged in the packaging and testing of Shanghai, China 100.0 100.0
Technology Limited (Shanghai) Limited semiconductors and leasing of
properties
GAPT Holding Limited Holding company British Virgin - (Note2)
Islands
GAPT Holding Limited Global Advanced Packaging Engaged in the trading of substrates Hong Kong - (Note2)
Test (Hongkong) Limited
Global Advanced Packaging Suzhou ASEN Semiconductors Engaged in the packaging and testing of Suzhou, China - (Note2)
Test (Hongkong) Limited Co., Ltd. (“ASEN”) semiconductors
ASE (Weihai) Inc. Engaged in the packaging and testing of Shandong, China - (Note2)
semiconductors (acquired from J&R
Holding in October 2021 through
share exchange under restructure)
ASEN ASE Advanced Semiconductor Engaged in the packaging and testing of Shanghai, China - (Note2)
(Shanghai) Limited semiconductors (acquired from
Global Advanced Packaging
Technology Limited in November
2021)
ASE Assembly & Test ASE Investment (Kun Shan) Holding company ( reduced capital to Kun Shan, China - 14.1
(Shanghai) Limited Limited ASE Assembly & Test (Shanghai)
Limited in November 2022 and
increased Alto Enterprises Limited’s
percentage of ownership to 100%)
Wuxi Tongzhi Microelectronics Engaged in the packaging and testing of Wuxi, China 100.0 100.0
Co., Ltd. semiconductors
ISE Labs, China, Ltd. Engaged in the testing of semiconductor Shanghai, China 100.0 100.0
Shanghai Ding Hui Real Estate Engaged in the development, Shanghai, China 60.0 60.0
Development Co., Ltd. construction and sale of real estate
(“DH”) properties
DH Shanghai Ding Qi Property Engaged in the management of real Shanghai, China 100.0 100.0
Management Co., Ltd. estate properties
Shanghai Ding Wei Real Estate Engaged in the management of Shanghai, China 100.0 100.0
Development Co., Ltd. properties, parking lot business and
leasing of properties for shopping
center
Shanghai Ding Yu Real Estate Engaged in the management of Shanghai, China 100.0 100.0
Development Co., Ltd. properties, parking lot business and
leasing of properties for shopping
center
Kun Shan Ding Hong Real Engaged in the development, Kun Shan, China 100.0 100.0
Estate Development Co., Ltd construction and leasing of properties
for shopping center
Shanghai Ding Xu Property Engaged in the management of real Shanghai, China 100.0 100.0
Management Co., Ltd. estate properties
Shanghai Ding yao Estate Engaged in the management of real Shanghai, China 100.0 100.0
Development Co., Ltd. estate properties
Shanghai Ding Fan Business Engaged in the management of Shanghai, China 100.0 100.0
Management Co., Ltd. commercial complex services and
department store trading
ASE Investment (Kun Shan) ASE (Kun Shan) Inc. Engaged in the packaging and testing of Kun Shan, China - (Note2)
Limited semiconductors
ASE Corporation ASE Mauritius Inc. Holding company Mauritius 100.0 100.0
ASE Labuan Inc. Holding company Malaysia 100.0 100.0
ASE Mauritius Inc. ASE (Kunshan) Inc. Engaged in the packaging and testing of Kun Shan, China - (Note2)
semiconductors
ASE (Shanghai) Inc. Engaged in the production of substrates Shanghai, China 91.5 91.5
ASE Labuan Inc. ASE Electronics Inc. Engaged in the production of substrates R.O.C. 100.0 100.0
ASE (Shanghai) Inc. Advanced Semiconductor Engaged in the trading of substrates Hong Kong 100.0 100.0
Engineering (HK) Limited
Shanghai Ding Hui Real Estate Engaged in the development, Shanghai, China 40.0 40.0
Development Co., Ltd. construction and sale of real estate
properties
(Continued)
- 21 -
Percentage of
Universal Scientific Industrial Engaged in the designing, Shanghai, China 0.8 0.8
(Shanghai) Co., Ltd. manufacturing and sales of electronic
(“USISH”) components
USIINC Huntington Holdings Holding company British Virgin 100.0 100.0
International Co., Ltd. Islands
Huntington Holdings Unitech Holdings International Holding company British Virgin 100.0 100.0
International Co., Ltd. Co., Ltd. Islands
Real Tech Holdings Limited Holding company British Virgin 100.0 100.0
Islands
Universal ABIT Holding Co., In the process of liquidation British Cayman 100.0 100.0
Ltd. Islands
Real Tech Holdings Limited USI Enterprise Limited Engaged in the service of investment Hong Kong 100.0 100.0
(“USIE”) advisory and warehousing
management
USIE USISH Engaged in the designing, Shanghai, China 77.2 77.1
manufacturing and sales of electronic
components
USISH Universal Global Technology Holding company Hong Kong 100.0 100.0
Co., Limited
Universal Global Technology Engaged in the designing and Kun Shan, China 100.0 100.0
(Kunshan) Co., Ltd. manufacturing of electronic
(“UGKS”) components
Universal Global Technology Engaged in the processing and sales of Shanghai, China 100.0 100.0
(Shanghai) Co., Ltd. computer and communication
peripherals as well as business in
import and export of goods and
technology
Universal Global Electronics Engaged in the sales of electronic Shanghai, China 100.0 100.0
(Shanghai) Co., Ltd. components and telecommunications
equipment
USI Electronics (Shenzhen) Co., Engaged in the design, manufacturing Shenzhen, China 50.0 50.0
Ltd. and sales of motherboards and
computer peripherals
Universal Global Technology Engaged in the research and Huizhou, China 100.0 100.0
(Huizhou) Co., Ltd manufacturing of new electronic
applications, communications,
computers and other electronics
products and also provided auxiliary
technical services as well as import
and export services
FINANCIERE AFG (”FAFG”) Holding company France 10.4 10.4
Universal Global Technology Universal Global Industrial Co., Engaged in manufacturing, trading and Hong Kong 100.0 100.0
Co., Limited Limited investing activity
Universal Global Scientific Engaged in the manufacturing of R.O.C. 100.0 100.0
Industrial Co., Ltd. components of telecommunication
(“UGTW”) and cars and provision of related
R&D services
USI America Inc. Engaged in the manufacturing and U.S.A. 100.0 100.0
processing of motherboards and
wireless network communication and
provision of related technical service
Universal Scientific Industrial Engaged in the assembling of Mexico 100.0 100.0
De Mexico S.A. De C.V. motherboards and computer
components
USI Japan Co., Ltd. Engaged in the manufacturing and sales Japan 100.0 100.0
of computer peripherals, integrated
chip and other related accessories
USI Electronics (Shenzhen) Co., Engaged in the design, manufacturing Shenzhen, China 50.0 50.0
Ltd. and sales of motherboards and
computer peripherals
Universal Global Electronics Engaged in accepting and outsourcing Hong Kong 100.0 100.0
Co., Ltd. orders as well as sales of electronic
components and service of technical
advisory
Universal Scientific Industrial Engaged in investing activities France 100.0 100.0
(France) (“USIFR”)
UNIVERSAL SCIENTIFIC Engaged in IC assembly for wearable Vietnam 100.0 100.0
INDUSTRIAL VIETNAM devices
COMPANY LIMITED
Universal Global Industrial Universal Scientific Industrial Engaged in the assembling of Mexico (Note 1) (Note 1)
Co., Limited De Mexico S.A. De C.V. motherboards and computer
components
UGTW Universal Scientific Industrial Engaged in the manufacturing, R.O.C. 100.0 100.0
Co., Ltd. (“USI”) processing and sales of computers,
computer peripherals and related
accessories
Universal Global Electronics Universal Scientific Industrial Engaged in the design and Poland 100.0 100.0
Co., Ltd. Poland Sp. z o.o. (“USIPL”) manufacturing of electronic
components and new electronic
applications.
(Continued)
- 22 -
Percentage of
Universal Global Electronics USI Science and Technology

Engaged in the design of electronic Shenzhen, China 100.0 100.0
(Shanghai) Co., Ltd. (Shenzhen) Co., Ltd. components, service of technical
advisory; wholesale of electronic
components and communication
management of properties.
USIFR FAFG Holding company France 89.6 89.6
FAFG ASTEELFLASH GROUP Holding company (acquired 1 share France - 100.0
from USIFR in October 2021 and
merged by FAFG in January 2022)
MANUFACTURING POWER Engaged in the design and Tunisia 100.0 0.1
TUNISIA manufacturing of electronic
components (acquired from
ASTEELFLASH GROUP in January
2022)
ASTEELFLASH MEXICO S.A. Engaged in the design and Mexico 100.0 0.1
de C.V. manufacturing of electronic
2022)
ASTEELFLASH (BEDFORD) Engaged in the design and United Kingdom 100.0 -
LIMITED manufacturing of electronic
2022)
ASTEELFLASH FRANCE Engaged in the design and France 99.9 -
manufacturing of electronic
2022)
ASTEELFLASH TUNISIE S.A. Engaged in the design and Tunisia 100.0 -
2022)
ASTEELFLASH HONG KONG Holding company (acquired from Hong Kong 100.0 -
LIMITED ASTEELFLASH GROUP in January
2022)
ASTEELFLASH GERMANY Engaged in the design and Germany 100.0 -
GmbH manufacturing of electronic
2022)
ASTEELFLASH US HOLDING Holding company (acquired from U.S.A. 100.0 -
CORP. ASTEELFLASH GROUP in January
2022)
AFERH TUNISIE Engaged in the management, training Tunisia 0.5 -
and consulting of human resources
(acquired from ASTEELFLASH
GROUP in January 2022)
ASTEEL ELECTRONICS Engaged in the design and Tunisia 0.1 -
MANUFACTURING manufacturing of electronic
SERVICES components (acquired from
2022)
ASTEELFLASH PLZEN S.R.O. Engaged in the design and Czech Republic 100.0 -
2022)
ASTEELFLASH GROUP ASTEELFLASH (BEDFORD) Engaged in the design and United Kingdom - 100.0
LIMITED manufacturing of electronic
components (disposed to FAFG in
January 2022)
ASTEELFLASH FRANCE Engaged in the design and France - 99.9
January 2022)
ASTEELFLASH TUNISIE S.A. Engaged in the design and Tunisia - 100.0
January 2022)
ASTEELFLASH HONG KONG Holding company(disposed to FAFG in Hong Kong - 100.0
LIMITED January 2022)
ASTEELFLASH MEXICO S.A. Engaged in the design and Mexico - 99.9
de C.V. manufacturing of electronic
January 2022)
(Continued)
- 23 -
Percentage of
ASTEELFLASH GERMANY Engaged in the design and Germany - 100.0

January 2022)
MANUFACTURING POWER Engaged in the design and Tunisia - 99.9
TUNISIA manufacturing of electronic
January 2022)
ASTEELFLASH US HOLDING Holding company (disposed to FAFG in U.S.A. - 100.0
CORP. January 2022)
AFERH TUNISIE Engaged in the management, training Tunisia - 0.5
and consulting of human resources
(disposed to FAFG in January 2022)
ASTEEL ELECTRONICS Engaged in the design and Tunisia - 0.1
SERVICES components (disposed to FAFG in
January 2022)
ASTEELFLASH PLZEN S.R.O. Engaged in the design and Czech Republic - 100.0
January 2022)
ASTEELFLASH ASTEELFLASH TUNISIE Engaged in the design and Tunisia (Note1) (Note1)
(BEDFORD) LIMITED S.A. manufacturing of electronic
components
ASTEELFLASH ASTEELFLASH FRANCE Engaged in the design and France (Note1) (Note1)
TECHNOLOGIE manufacturing of electronic
components
ASTEELFLASH FRANCE ASTEEL ELECTRONICS Engaged in the design and Tunisia 99.9 99.9
SERVICES components
ASTEELFLASH Engaged in projection of plastic and the France 100.0 100.0
TECHNOLOGIE design and manufacturing of
industrial components
ASTEELFLASH BRETAGNE Engaged in the design and France 100.0 100.0
components
ASTEELFLASH TUNISIE S.A. Engaged in the design and Tunisia (Note1) (Note1)
components
AFERH TUNISIE Engaged in the management, training Tunisia 99.5 99.5
and consulting of organization and
human resources
ASTEELFLASH HONG ASTEELFLASH SUZHOU Engaged in the design and Suzhou, China 100.0 100.0
KONG LIMITED CO., LTD. manufacturing of electronic
components
ASTEELFLASH SUZHOU ASTEELFLASH TUNISIE S.A. Engaged in the design and Tunisia (Note1) (Note1)
CO., LTD. manufacturing of electronic
components
ASTEELFLASH ASTEELFLASH HERSFELD Engaged in the design and Germany 100.0 100.0
GERMANY GmbH GmbH manufacturing of electronic
components
ASTEELFLASH EBERBACH Engaged in the design and Germany 100.0 100.0
components
ASTEELFLASH BONN GmbH Engaged in the design and Germany 100.0 100.0
components
ASTEELFLASH Engaged in the design and Germany 100.0 100.0
SCHWANDORF GmbH manufacturing of electronic
components
ASTEELFLASH DESIGN Engaged in the design and Germany 100.0 100.0
SOLUTIONS HAMBOURG manufacturing of electronic
GmbH components
EN ELECTRONICNETWORK Engaged in the design and Romania 100.0 100.0
SRL manufacturing of electronic
components
ASTEELFLASH TUNISIE Engaged in the design and Tunisia (Note1) (Note1)
S.A. manufacturing of electronic
components
ASTEELFLASH MEXICO ASTEELFLASH TUNISIE Engaged in the design and Tunisia (Note1) (Note1)
S.A. de C.V. S.A. manufacturing of electronic
components
ASTEELFLASH US ASTEELFLASH USA CORP. Engaged in the design and U.S.A. 100.0 100.0
HOLDING CORP. manufacturing of electronic
components
ASTEELFLASH USA ASTEELFLASH TUNISIE Engaged in the design and Tunisia (Note1) (Note1)
CORP. S.A. manufacturing of electronic
components
SPIL SPIL (B.V.I.) Holding Limited Engaged in investing activities British Virgin 100.0 100.0
Islands
(Continued)
- 24 -
Percentage of
Siliconware Investment Co., Engaged in investing activities (merged R.O.C. - 100.0

Ltd. by SPIL in March 2022)
SPIL (B.V.I.) Holding Siliconware USA, Inc. Engaged in marketing activities U.S.A. 100.0 100.0
Limited
SPIL (Cayman) Holding Engaged in investing activities British Cayman 100.0 100.0
Limited Islands
SPIL (Cayman) Holding Siliconware Technology Engaged in the packaging and testing of Suzhou, China 100.0 100.0
Limited (Suzhou) Limited(“SZ”) semiconductors
(Concluded)
Note 1: The number of shares held was 1 share or 3 shares and the percentage of ownership was
less than 0.1%.
Note 2: In December 2021, the Company’s board of directors resolved to dispose its 100%
shareholdings in those subsidiaries, which were settled in December 2021 and resulted in
losing its control over those subsidiaries. Refer to Note 30 DISPOSAL OF
SUBSIDIARIES for related disclosure.
e. Business combinations
Acquisitions of businesses are accounted for using the acquisition method. Acquisition-related costs are
generally recognized in profit or loss as they are incurred.
Goodwill is measured as the excess of the sum of the consideration transferred, the amount of any
non-controlling interests in the acquiree, and the fair value of the acquirer’s previously held equity
interest in the acquiree (if any) over the net of the acquisition-date amounts of the identifiable assets
acquired and the liabilities assumed. If, after re-assessment, the net of the acquisition-date amounts of
the identifiable assets acquired and liabilities assumed exceeds the sum of the consideration transferred,
the amount of any non-controlling interests in the acquiree and the fair value of the acquirer’s
previously held interest in the acquiree (if any), the excess is recognized immediately in profit or loss as
a bargain purchase gain.
Where the consideration the Group transfers in a business combination includes assets or liabilities
resulting from a contingent consideration arrangement, the contingent consideration is measured at its
acquisition-date fair value and considered as part of the consideration transferred in a business
combination. Changes in the fair value of the contingent consideration that qualify as measurement
period adjustments are adjusted retrospectively, with the corresponding adjustments being made against
goodwill or gains on bargain purchases. Measurement period adjustments are adjustments that arise
from additional information obtained during the measurement period about facts and circumstances that
existed as of the acquisition date. The measurement period does not exceed 1 year from the acquisition
date.
The subsequent accounting for changes in the fair value of the contingent consideration that do not
qualify as measurement period adjustments depends on how the contingent consideration is classified.
Contingent consideration not classified as equity is remeasured at fair value at the end of subsequent
reporting period with any gain or loss recognized in profit or loss.
When a business combination is achieved in stages, the Group’s previously held equity interest in an
acquiree is remeasured to fair value at acquisition date, and the resulting gain or loss, if any, is
recognized in profit or loss or other comprehensive income. Amounts arising from interests in the
acquiree prior to the acquisition date that have previously been recognized in other comprehensive
income are recognized on the same basis as would be required had those interest been directly disposed
of by the Group.
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If the initial accounting for a business combination is incomplete by the end of the reporting period in
which the combination occurs, the Group reports provisional amounts for the items for which the
accounting is incomplete. Those provisional amounts are adjusted retrospectively during the
measurement period, or additional assets or liabilities are recognized, to reflect new information
obtained about facts and circumstances that existed at the acquisition date that, if known, would have
affected the amounts recognized at that date.
Business combination involving entities under common control is not accounted for using the
acquisition method but is accounted for at the carrying amounts of the entities. The Group elected not to
restate comparative information of the prior period in the financial statements as the business
combination was an organization restructure under common control.
f. Foreign currencies
In preparing the financial statements of each individual entity, transactions in currencies other than the
entity’s functional currency (i.e. foreign currencies) are recognized at the rates of exchange prevailing
at the dates of the transactions.
At each balance sheet date, monetary items denominated in foreign currencies are retranslated at the
rates prevailing at that date. Exchange differences on monetary items arising from settlement or
translation are recognized in profit or loss in the period in which they arise except for exchange
differences on transactions entered into in order to hedge certain foreign currency risks.
Non-monetary items denominated in foreign currencies that are measured at fair value are retranslated
at the rates prevailing at the date when the fair value was determined. Exchange differences arising
from the retranslation of non-monetary items are included in profit or loss for the period except for
exchange differences arising from the retranslation of non-monetary items in respect of which gains and
losses are recognized directly in other comprehensive income, in which cases, the exchange differences
are also recognized directly in other comprehensive income.
Non-monetary items denominated in a foreign currency and measured at historical cost are translated
using the exchange rate at the date of the transaction, and are not retranslated.
For the purposes of presenting the consolidated financial statements, the assets and liabilities of the
Group’s foreign operations (including subsidiaries, associates and joint ventures in other countries that
use currencies which are different from the currency of the Company) are translated into the New
Taiwan dollars using exchange rates prevailing at each balance sheet date. Income and expense items
are translated at the average exchange rates for the period. The resulting currency translation differences
are recognized in other comprehensive income and accumulated in equity attributed to the owners of the
Company and non-controlling interests as appropriate.
On the disposal of the Group’s entire interest in a foreign operation, or a disposal involving the loss of
control over a subsidiary that includes a foreign operation, or a partial disposal of an interest in a joint
arrangement or an associate that includes a foreign operation of which the retained interest becomes a
financial asset, all of the exchange differences accumulated in equity in respect of that operation
attributable to the owners of the Company are reclassified to profit or loss.
In relation to a partial disposal of a subsidiary that does not result in the Group losing control over the
subsidiary, the proportionate share of accumulated exchange differences is re-attributed to the
non-controlling interests of the subsidiary and is not recognized in profit or loss. For all other partial
disposals, the proportionate share of the accumulated exchange differences recognized in other
comprehensive income is reclassified to profit or loss.
Goodwill and fair value adjustments recognized on identifiable assets and liabilities of acquired foreign
operation are treated as assets and liabilities of the foreign operation and translated at the rates of
exchange prevailing at the end of each reporting period. Exchange differences are recognized in other
- 26 -
comprehensive income.
g. Inventories and inventories related to real estate business
Inventories, including raw materials, supplies, work in process, finished goods, and materials and
supplies in transit are stated at the lower of cost or net realizable value. Inventory write-downs are made
by item, except for those that may be appropriate to group items of similar or related inventories. Net
realizable value is the estimated selling prices of inventories less all estimated costs of completion and
estimated costs necessary to make the sale. Raw materials and supplies are recorded at moving average
cost while work in process and finished goods are recorded at standard cost.
Inventories related to real estate business include land and buildings held for sale, land held for
construction and construction in progress. Land held for development is recorded as land held for
construction upon obtaining the title of ownership. Prior to the completion, the borrowing costs directly
attributable to construction in progress are capitalized as part of the cost of the asset. Construction in
progress is transferred to land and buildings held for sale upon completion. Land and buildings held for
sale, construction in progress and land held for construction are stated at the lower of cost or net
realizable value and related write-downs are made by item. The amounts received in advance for real
estate properties are first recorded as advance receipts and then recognized as revenue when the
construction is completed and the title and significant risk of the real estate properties are transferred to
customers. Cost of sales of land and buildings held for sale are recognized based on the ratio of property
sold to the total property developed.
h. Investments in associates and joint ventures
An associate is an entity over which the Group has significant influence and that is neither a subsidiary
nor an interest in a joint venture. Joint venture is a joint arrangement whereby the Group and other
parties that have joint control of the arrangement have rights to the net assets of the arrangement.
The Group applies the equity method to investments in an associate and joint venture.
Under the equity method, investments in an associate and a joint venture are initially recognized at cost
and adjusted thereafter to recognize the Group’s share of the profit or loss and other comprehensive
income of the associate and joint venture. The Group also recognizes the changes in the Group’s share
of equity of associates and joint venture.
Any excess of the cost of acquisition over the Group’s share of the net fair value of the identifiable
assets and liabilities of an associate or a joint venture at the date of acquisition is recognized as
goodwill, which is included within the carrying amount of the investment and is not amortized. Any
excess of the Group’s share of the net fair value of the identifiable assets and liabilities over the cost of
acquisition after reassessment is recognized immediately in profit or loss.
When the Group subscribes for additional new shares of an associate and joint venture at a percentage
different from its existing ownership percentage, the resulting carrying amount of the investment differs
from the amount of the Group’s proportionate interest in the associate and joint venture. The Group
records such a difference as an adjustment to investments with the corresponding amount charged or
credited to capital surplus - changes in capital surplus from investments in associates and joint ventures
accounted for using the equity method. If the Group’s ownership interest is reduced due to its additional
subscription of the new shares of the associate and joint venture, the proportionate amount of the gains
or losses previously recognized in other comprehensive income in relation to that associate and joint
venture is reclassified to profit or loss on the same basis as would be required had the investee directly
disposed of the related assets or liabilities. When the adjustment should be debited to capital surplus,
but the capital surplus recognized from investments accounted for using the equity method is
insufficient, the shortage is debited to retained earnings..
- 27 -
When the Group’s share of losses of an associate and a joint venture equals or exceeds its interest in
that associate and joint venture (which includes any carrying amount of the investment accounted for
using the equity method and long-term interests that, in substance, form part of the Group’s net
investment in the associate and joint venture), the Group discontinues recognizing its share of further
losses. Additional losses and liabilities are recognized only to the extent that the Group has incurred
legal obligations or constructive obligations, or made payments on behalf of that associate and joint
venture.
The entire carrying amount of an investment (including goodwill) is tested for impairment as a single
asset by comparing its recoverable amount with its carrying amount. Any impairment loss recognized is
not allocated to any asset, including goodwill, that forms part of the carrying amount of the investment.
Any reversal of that impairment loss is recognized to the extent that the recoverable amount of the
investment subsequently increases.
The Group discontinues the use of the equity method from the date on which its investment ceases to be
an associate and a joint venture. Any retained investment is measured at fair value at that date, and the
fair value is regarded as the investment’s fair value on initial recognition as a financial asset. The
difference between the previous carrying amount of the associate and the joint venture attributable to
the retained interest and its fair value is included in the determination of the gain or loss on disposal of
the associate and the joint venture. The Group accounts for all amounts previously recognized in other
comprehensive income in relation to that associate and joint venture on the same basis as would be
required had that associate directly disposed of the related assets or liabilities. If an investment in an
associate becomes an investment in a joint venture or an investment in a joint venture becomes an
investment in an associate, the Group continues to apply the equity method and does not remeasure the
retained interest.
When a group entity transacts with its associate and joint venture, profits and losses resulting from the
transactions with the associate and joint venture are recognized in the Group’ consolidated financial
statements only to the extent that interests in the associate and the joint venture are not related to the
Group.
i. Property, plant and equipment
Except for land which is stated at cost, property, plant and equipment are stated at cost less accumulated
depreciation and accumulated impairment.
Properties in the course of construction are carried at cost, less any recognized impairment loss. Cost
includes professional fees and borrowing costs eligible for capitalization. Such assets are depreciated
and classified to the appropriate categories of property, plant and equipment when completed and ready
for their intended use.
Freehold land is not depreciated.
Depreciation of property, plant and equipment is recognized using the straight-line method. Each
significant part is depreciated separately. The estimated useful lives, residual values and depreciation
method are reviewed at each balance sheet date, with the effect of any changes in estimate accounted
for on a prospective basis.
On derecognition of an item of property, plant and equipment, the difference between the sales proceeds
and the carrying amount of the asset is recognized in profit or loss.
j. Investment properties
Investment properties are properties held to earn rental and/or for capital appreciation. Investment
properties include right-of-use assets and properties under construction that meet the definition of
investment properties.
- 28 -
Freehold investment properties are initially measured at cost, including transaction costs. Subsequent to
initial recognition, investment properties are measured at cost less accumulated depreciation and
accumulated impairment loss.
Investment properties acquired through leases are initially measured at cost, which comprises the initial
measurement of lease liabilities adjusted for lease payments made on or before the commencement date,
plus initial direct costs incurred and an estimate of costs needed to restore the underlying assets, less any
lease incentives received. These investment properties are subsequently measured at cost less
accumulated depreciation and accumulated impairment loss and adjusted for any remeasurement of the
lease liabilities.
Depreciation is recognized using the straight-line method.
Investment properties under construction are measured at cost less accumulated impairment loss. Cost
includes professional fees and borrowing costs eligible for capitalization. Depreciation of these assets
commences when the assets are ready for their intended use.
For a transfer of classification from investment properties to property, plant and equipment and to
right-of-use assets, the deemed cost of the property for subsequent accounting is its carrying amount at
the commencement of owner-occupation.
For a transfer of classification from property, plant and equipment and right-of-use assets to investment
properties, the deemed cost of an item of property for subsequent accounting is its carrying amount at
the end of owner-occupation.
For a transfer of classification from inventories to investment properties, the deemed cost of an item of
property for subsequent accounting is its carrying amount at the inception of an operating lease.
On derecognition of an investment property, the difference between the net disposal proceeds and the
carrying amount of the asset is included in profit or loss.
k. Goodwill
Goodwill arising from an acquisition of a business is carried at cost as established at the date of
acquisition of the business less accumulated impairment loss.
For the purposes of impairment testing, goodwill is allocated to each of the Group’s cash-generating
units or groups of cash-generating units (referred to as “cash-generating unit”) that is expected to
benefit from the synergies of the combination.
A cash-generating unit to which goodwill has been allocated is tested for impairment annually, or more
frequently when there is an indication that the unit may be impaired, by comparing its carrying amount,
including the attributed goodwill, with its recoverable amount. However, if the goodwill allocated to a
cash-generating unit was acquired in a business combination during the current annual period, that unit
shall be tested for impairment before the end of the current annual period. If the recoverable amount of
the cash-generating unit is less than its carrying amount, the impairment loss is allocated first to reduce
the carrying amount of any goodwill allocated to the unit and then pro rata to the other assets of the unit
based on the carrying amount of each asset in the unit. Any impairment loss is recognized directly in
profit or loss. An impairment loss recognized for goodwill is not reversed in subsequent periods.
- 29 -
l. Other intangible assets
1) Separate acquisition
Other intangible assets with finite useful lives acquired separately are initially measured at cost and
subsequently measured at cost less accumulated amortization and accumulated impairment loss.
Other intangible assets are amortized using the straight-line method over their estimated useful
lives. The estimated useful lives, residual values, and amortization methods are reviewed at each
balance sheet date, with the effect of any changes in estimate being accounted for on a prospective
basis.
2) Acquired through business combinations
Other intangible assets acquired in a business combination and recognized separately from goodwill
are initially recognized at their fair value at the acquisition date which is regarded as their cost.
Subsequent to initial recognition, they are measured on the same basis as intangible assets that are
acquired separately.
3) Derecognition
On derecognition of an intangible asset, the difference between the net disposal proceeds and the
carrying amount of the asset are recognized in profit or loss.
m. Impairment of property, plant and equipment, right-of-use asset, investment properties and intangible
assets other than goodwill
At each balance sheet date, the Group reviews the carrying amounts of its property, plant and
equipment, right-of-use asset, investment properties and intangible assets, excluding goodwill, to
determine whether there is any indication that those assets have suffered an impairment loss. If any such
indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the
impairment loss. When it is not possible to estimate the recoverable amount of an individual asset, the
Group estimates the recoverable amount of the cash-generating unit to which the asset belongs.
Corporate assets are allocated to the individual cash-generating units on a reasonable and consistent
basis of allocation. The recoverable amount is the higher of fair value less costs to sell and value in use.
If the recoverable amount of an asset or cash-generating unit is estimated to be less than its carrying
amount, the carrying amount of the asset or cash-generating unit is reduced to its recoverable amount,
with the resulting impairment loss recognized in profit or loss.
When an impairment loss is subsequently reversed, the carrying amount of the asset or cash-generating
unit is increased to the revised estimate of its recoverable amount, but only to the extent of the carrying
amount that would have been determined had no impairment loss been recognized for the asset or
cash-generating unit in prior years. A reversal of an impairment loss is recognized immediately in profit
or loss.
n. Financial instruments
Financial assets and financial liabilities are recognized when a group entity becomes a party to the
contractual provisions of the instruments.
Financial assets and financial liabilities are initially measured at fair value. Transaction costs that are
directly attributable to the acquisition or issue of financial assets and financial liabilities (other than
financial assets and financial liabilities at FVTPL) are added to or deducted from the fair value of the
financial assets or financial liabilities, as appropriate, on initial recognition. Transaction costs directly
attributable to the acquisition of financial assets or financial liabilities at fair value through profit or loss
are recognized immediately in profit or loss.
- 30 -
1) Financial assets
All regular way purchases or sales of financial assets are recognized and derecognized on a
settlement date basis.
a) Measurement categories
Financial assets held by the Group are classified into the following categories: financial assets at
FVTPL, financial assets at amortized cost, and investments in debt instruments and equity
instruments at FVTOCI.
i. Financial asset at FVTPL
Financial asset is classified as at FVTPL when the financial asset is mandatorily classified
or it is designated as at FVTPL. The Group’s financial assets mandatorily classified as at
FVTPL include investments in equity instruments which are not designated as at FVTOCI
and debt instruments that do not meet the amortized cost criteria or the FVTOCI criteria.
Financial assets at FVTPL are subsequently measured at fair value, and any dividends or
interest earned on such financial assets are recognized in other income; any remeasurement
gains or losses on such financial assets are recognized in other gains or losses.
Fair value is determined in the manner described in Note 34.
ii. Financial assets at amortized cost
Financial assets that meet the following conditions are subsequently measured at amortized
cost:
i) The financial asset is held within a business model whose objective is to hold financial
assets in order to collect contractual cash flows; and
ii) The contractual terms of the financial asset give rise on specified dates to cash flows
that are solely payments of principal and interest on the principal amount outstanding.
Subsequent to initial recognition, financial assets at amortized cost, including cash and cash
equivalents, trade receivables at amortized cost, other receivables and other financial assets,
are measured at amortized cost, which equals to gross carrying amount determined using the
effective interest method less any impairment loss. Exchange differences are recognized in
profit or loss.
Interest income is calculated by applying the effective interest rate to the gross carrying
amount of a financial asset, except for:
i) Purchased or originated credit-impaired financial assets, for which interest income is

calculated by applying the credit-adjusted effective interest rate to the amortized cost of
the financial asset; and
ii) Financial assets that are not credit-impaired on purchase or origination but have
subsequently become credit-impaired, for which interest income is calculated by
applying the effective interest rate to the amortized cost of such financial assets in
subsequent reporting periods.
- 31 -
A financial asset is credit impaired when one or more of the following events have occurred:
i) Significant financial difficulty of the issuer or the borrower;
ii) Breach of contract, such as a default;
iii) It is becoming probable that the borrower will enter bankruptcy or undergo a financial
reorganization; or
iv) The disappearance of an active market for that financial asset because of financial
difficulties.
Cash equivalents include time deposits with original maturities within 3 months from the
date of acquisition, which are highly liquid, readily convertible to a known amount of cash
and are subject to an insignificant risk of changes in value and repurchase agreements
collateralized by bonds. These cash equivalents are held for the purpose of meeting
short-term cash commitments.
iii. Investments in debt instruments at FVTOCI
For the Group’s debt instruments that meet the following conditions are subsequently
measured at FVTOCI:
i) the debt instrument is held within a business model whose objective is achieved by both
the collecting of contractual cash flows and the selling of the financial assets; and
ii) the contractual terms of the debt instrument give rise on specified dates to cash flows
that are solely payments of principal and interest on the principal amount outstanding.
Investments in debt instruments at FVTOCI are subsequently measured at fair value.

Changes in the carrying amounts of these debt instruments relating to changes in foreign
currency exchange rates, interest income calculated using the effective interest method and
impairment losses or reversals are recognized in profit or loss. Other changes in the carrying
amount of these debt instruments are recognized in other comprehensive income and will be
reclassified to profit or loss when the investment is disposed of.
iv. Investments in equity instruments at FVTOCI
On initial recognition, the Group make an irrevocable election to designate investments in

equity instruments as at FVTOCI. Designation at FVTOCI is not permitted if the equity
investment is held for trading or if it is contingent consideration recognized by an acquirer
in a business combination.
Investments in equity instruments at FVTOCI are subsequently measured at fair value with
gains and losses arising from changes in fair value recognized in other comprehensive
income and accumulated in other equity. The cumulative gain or loss will not be reclassified
to profit or loss on disposal of the equity investments, instead, they will be transferred to
retained earnings.
Dividends on these investments in equity instruments are recognized in profit or loss when
the Group’s right to receive the dividends is established, unless the dividends clearly
represent a recovery of part of the cost of the investment.
- 32 -
b) Impairment of financial assets and contract assets
At each balance sheet date, the Group recognizes a loss allowance for expected credit losses on
financial assets at amortized cost (including trade receivables) and investments in debt
instruments that are measured at FVTOCI and contract assets.
The Group always recognizes lifetime Expected Credit Loss (“ECL”) for trade receivables and
contract assets. For all other financial instruments, the Group recognizes lifetime ECL when
there has been a significant increase in credit risk since initial recognition. If, on the other hand,
the credit risk on the financial instrument has not increased significantly since initial
recognition, the Group measures the loss allowance for that financial instrument at an amount
equal to 12-month ECL.
Expected credit losses reflect the weighted average of credit losses with the respective risks of a
default occurring as the weights. Lifetime ECL represents the expected credit losses that will
result from all possible default events over the expected life of a financial instrument. In
contrast, 12-month ECL represents the portion of lifetime ECL that is expected to result from
default events on a financial instrument that are possible within 12 months after the reporting
date.
The Group recognizes an impairment gain or loss in profit or loss for all financial instruments
with a corresponding adjustment to their carrying amount through a loss allowance account,
except for investments in debt instruments that are measured at FVTOCI, for which the loss
allowance is recognized in other comprehensive income and does not reduce the carrying
amount of the financial asset.
c) Derecognition of financial assets
The Group derecognizes a financial asset only when the contractual rights to the cash flows
from the asset expire or when it transfers the financial asset and substantially all the risks and
rewards of ownership of the asset to another entity.
On derecognition of a financial asset at amortized cost in its entirety, the difference between the
asset’s carrying amount and the sum of the consideration received and receivable is recognized
in profit or loss. On derecognition of an investment in a debt instrument at FVTOCI, the
difference between the asset’s carrying amount and the sum of the consideration received and
receivable and the cumulative gain or loss which had been recognized in other comprehensive
income is recognized in profit or loss. However, on derecognition of an investment in an equity
instrument at FVTOCI, the difference between the asset’s carrying amount and the sum of the
consideration received and receivable is recognized in profit or loss, and the cumulative gain or
loss which had been recognized in other comprehensive income is transferred directly to
retained earnings, without recycling through profit or loss.
2) Equity instruments
Debt and equity instruments issued by a group entity are classified as either financial liabilities or as
equity in accordance with the substance of the contractual arrangements and the definitions of a
financial liability and an equity instrument.
Equity instruments issued by a group entity are recognized at the proceeds received, net of direct
issue costs.
Repurchase of the Company’s own equity instruments is recognized in and deducted directly from
equity and calculated separately by repurchase category. No gain or loss is recognized in profit or
loss on the purchase, sale, issue or cancellation of the Company’s own equity instruments.
- 33 -
3) Financial liabilities
a) Subsequent measurement
All financial liabilities are measured at amortized cost using the effective interest method or at
fair value through profit or loss:
Financial liabilities are classified as at FVTPL when such financial liabilities are held for
trading. Financial liabilities held for trading are stated at fair value, and any gains or losses on
such financial liabilities are recognized in other gains or losses.
Fair value is determined in the manner described in Note 34.
b) Derecognition of financial liabilities
The difference between the carrying amount of a financial liability derecognized and the
consideration paid, including any non-cash assets transferred or liabilities assumed, is
recognized in profit or loss.
4) Derivative financial instruments
The Group enters into a variety of derivative financial instruments to manage its exposure to foreign
exchange rate risks, including forward exchange contracts, swap contracts and target redemption
forward contracts.
Derivatives are initially recognized at fair value at the date on which the derivative contracts are
entered into and are subsequently remeasured to their fair value at the end of each reporting period.
The resulting gain or loss is recognized in profit or loss immediately unless the derivative is
designated and effective as a hedging instrument; in which event, the timing of the recognition in
profit or loss depends on the nature of the hedging relationship. When the fair value of a derivative
financial instrument is positive, the derivative is recognized as a financial asset; when the fair value
of a derivative financial instrument is negative, the derivative is recognized as a financial liability.
Derivatives embedded in hybrid contracts that contain financial asset hosts that is within the scope
of IFRS 9 are not separated; instead, the classification is determined in accordance with the entire
hybrid contract. Derivatives embedded in non-derivative host contracts that are not financial assets
that is within the scope of IFRS 9 (e.g. financial liabilities) are treated as separate derivatives when
they meet the definition of a derivative, their risks and characteristics are not closely related to those
of the host contracts and the host contracts are not measured at FVTPL.
5) Convertible bonds issued by the subsidiaries
The component parts of compound instruments (i.e., convertible bonds) issued by the subsidiary are
classified separately as financial liabilities and equity in accordance with the substance of the
contractual arrangements and the definitions of a financial liability and an equity instrument.
On initial recognition, the fair value of the liability component is estimated using the prevailing
market interest rate for similar non-convertible instruments. This amount is recorded as a liability
on an amortized cost basis using the effective interest method until extinguished upon conversion or
upon the instrument’s maturity date. Any embedded derivative liability is measured at fair value.
The conversion option classified as equity is determined by deducting the amount of the liability
component from the fair value of the compound instrument as a whole. This is recognized and
included in non-controlling interests, and is not subsequently remeasured. When the conversion
option remains unexercised at maturity, the balance recognized in non-controlling interests will be
transferred to capital surplus - the change of interest in subsidiaries.
- 34 -
Transaction costs that relate to the issuance of the convertible bonds are allocated to the liability and
equity components in proportion to the allocation of the gross proceeds. Transaction costs relating
to the equity component are recognized directly in non-controlling interests. Transaction costs
relating to the liability component are included in the carrying amount of the liability component
o. Hedge accounting
The Group designates certain hedging instruments, which include derivatives, embedded derivatives
and non-derivatives in respect of foreign currency risk, as either fair value hedges or cash flow hedges
or hedges of net investment in foreign operations.
1) Fair value hedges
Gains or losses on hedging instruments that are designated and qualify as fair value hedges are
recognized in profit or loss immediately, together with any changes in the fair value of the hedged
asset or liability that are attributable to the hedged risk. The change in the fair value of the hedging
instrument and the change in the hedged item attributable to the hedged risk are recognized in profit
or loss in the line item relating to the hedged item.
The Group discontinues hedge accounting only when the hedging relationship ceases to meet the
qualifying criteria; for instance, when the hedging instrument expires or is sold, terminated or
exercised.
2) Cash flow hedges
The effective portion of gains or losses on hedging instruments that are designated and qualify as
cash flow hedges is recognized in other comprehensive income. The gains or losses relating to the
ineffective portion are recognized immediately in profit or loss.
The associated gains or losses that were recognized in other comprehensive income are reclassified
from equity to profit or loss as a reclassification adjustment in the line item relating to the hedged
item in the same period when the hedged item affects profit or loss. If a hedge of a forecasted
transaction subsequently results in the recognition of a non-financial asset or a non-financial
liability, the associated gains and losses that were recognized in other comprehensive income are
removed from equity and included in the initial cost of the non-financial asset or non-financial
liability.
The Group discontinues hedge accounting only when the hedging relationship cease to meet the
qualifying criteria; for instance, when the hedging instrument expires or is sold, terminated, or
exercised. The cumulative gain or loss on the hedging instrument that has been previously
recognized in other comprehensive income from the period when the hedge was effective remains
separately in equity until the forecast transaction occurs. When a forecast transaction is no longer
expected to occur, the gain or loss accumulated in equity is recognized immediately in profit or loss.
3) Hedges of net investments in foreign operations
Hedges of net investments in foreign operations are accounted for similarly to cash flow hedges.
Any gains or losses on the hedging instrument relating to the effective portion of the hedge are
recognized in other comprehensive income and accumulated under the heading of foreign currency
translation reserve. The gains or losses relating to the ineffective portion are recognized
immediately in profit or loss.
The gains and losses on the hedging instrument relating to the effective portion of the hedge, which
were accumulated in the foreign currency translation reserve, are reclassified to profit or loss on the
disposal or partial disposal of a foreign operation.
- 35 -
p. Revenue recognition
The Group identifies the contracts with customers, allocates transaction prices to performance
obligations and, when performance obligations are satisfied, recognizes revenues at fixed amounts as
agreed in the contracts with taking estimated volume discounts into consideration.
For contracts where the period between the date on which the Group transfers a promised good or
service to a customer and the date on which the customer pays for that good or service is one year or
less, the Group does not adjust the promised amount of consideration for the effects of a significant
financing component.
The Group’s duration of contracts with customers is expected to be one year or less, and the
consideration from contracts with customers is included in transaction price and, therefore, can apply
the practical expedient that not to disclose the performance obligations including (i) the aggregate
amount of the transaction price allocated to the performance obligations that are not fully satisfied or
have partially completed at the end of the reporting period, and (ii) the expected timing for recognition
of revenue.
The Group’s operating revenues include revenues from sale of goods and services as well as sale and
leasing of real estate properties.
When customers control goods while they are manufactured in progress, the Group measures the
progress on the basis of costs incurred relative to the total expected costs as there is a direct relationship
between the costs incurred and the progress of satisfying the performance obligations. Revenue and
contract assets are recognized during manufacture and contract assets are reclassified to trade
receivables when the manufacture is completed or when the goods are shipped upon customer’s request.
The Group recognizes revenues and trade receivables when the goods are shipped or when the goods
are delivered to the customer’s specific location because it is the time when the customer has full
discretion over the manner of distribution and price to sell the goods, has the primary responsibility for
sales to future customers and bears the risks of obsolescence.
Revenues from sale of real estate properties are recognized when customers purchase real estate
properties and complete the transfer procedures. Revenues from leasing real estate properties are
recognized during leasing periods on the straight-line basis.
q. Leases
At the inception of a contract, the Group assesses whether the contract is, or contains, a lease.
For a contract that contains a lease component and non-lease components, the Group elects to account
for the lease and non-lease components as a single lease component.
1) The Group as lessor
Leases are classified as finance leases whenever the terms of a lease transfer substantially all the
risks and rewards of ownership to the lessee. All other leases are classified as operating leases.
When the Group subleases a right-of-use asset, the sublease is classified by reference to the
right-of-use asset arising from the head lease, not with reference to the underlying asset. However,
if the head lease is a short-term lease that the Group, as a lessee, has accounted for applying
recognition exemption, the sublease is classified as an operating lease.
Lease payments (less any lease incentives payable) from operating leases are recognized as income
on a straight-line basis over the terms of the relevant leases. Initial direct costs incurred in obtaining
- 36 -
operating leases are added to the carrying amounts of the underlying assets and recognized as
expenses on a straight-line basis over the lease terms.
2) The Group as lessee
The Group recognizes right-of-use assets and lease liabilities for all leases at the commencement
date of a lease, except for short-term leases and low-value asset leases accounted for applying a
recognition exemption where lease payments are recognized as expenses on a straight-line basis
over the lease terms.
Right-of-use assets are initially measured at cost, which comprises the initial measurement of lease
liabilities adjusted for lease payments made on or before the commencement date, plus any initial
direct costs incurred and an estimate of costs needed to restore the underlying assets, and less any
lease incentives received. Right-of-use assets are subsequently measured at cost less accumulated
depreciation and impairment losses and adjusted for any remeasurement of the lease liabilities.
Right-of-use assets are presented on a separate line in the consolidated balance sheets. With respect
to the recognition and measurement of right-of-use assets that meet the definition of investment
properties, refer to the aforementioned accounting policies for investment properties.
Right-of-use assets are depreciated using the straight-line method from the commencement dates to
the earlier of the end of the useful lives of the right-of-use assets or the end of the lease terms.
However, if leases transfer ownership of the underlying assets to the Group by the end of the lease
terms or if the costs of right-of-use assets reflect that the Group will exercise a purchase option, the
Group depreciates the right-of-use assets from the commencement dates to the end of the useful
lives of the underlying assets.
Lease liabilities are initially measured at the present value of the lease payments, which comprise
fixed payments, in-substance fixed payments, variable lease payments which depend on an index or
a rate, residual value guarantees, the exercise price of a purchase option if the Group is reasonably
certain to exercise that option, and payments of penalties for terminating a lease if the lease term
reflects such termination, less any lease incentives receivable. The lease payments are discounted
using the interest rate implicit in a lease, if that rate can be readily determined. If that rate cannot be
readily determined, the Group uses the lessee’s incremental borrowing rate.
Subsequently, lease liabilities are measured at amortized cost using the effective interest method,
with interest expense recognized over the lease terms. When there is a change in a lease term, a
change in the amounts expected to be payable under a residual value guarantee, a change in the
assessment of an option to purchase an underlying asset, or a change in future lease payments
resulting from a change in an index or a rate used to determine those payments, the Group
remeasures the lease liabilities with a corresponding adjustment to the right-of-use assets. However,
if the carrying amount of the right-of-use assets is reduced to zero, any remaining amount of the
remeasurement is recognized in profit or loss. For a lease modification that is not accounted for as a
separate lease, the Group accounts for the remeasurement of the lease liability by (a) decreasing the
carrying amount of the right-of-use asset of lease modifications that decreased the scope of the
lease, and recognizing in profit or loss any gain or loss on the partial or full termination of the lease;
(b) making a corresponding adjustment to the right-of-use asset of all other lease modifications.
Lease liabilities are presented on a separate line in the consolidated balance sheets.
The Group negotiates with the lessor for rent concessions as a direct consequence of the COVID-19
to change the lease payments originally due by June 30, 2022, that results in the revised
consideration for the lease substantially the same as, or less than, the consideration for the lease
immediately preceding the change. There is no substantive change to other terms and conditions.
The Group elects to apply the practical expedient to all of these rent concessions, and therefore,
does not assess whether the rent concessions are lease modifications. Instead, the Group recognizes
the reduction in lease payment in profit or loss as a deduction of expenses of variable lease
payments, in the period in which the events or conditions that trigger the concession occurs, and
- 37 -
makes a corresponding adjustment to the lease liability.
Variable lease payments that do not depend on an index or a rate are recognized as expenses in the
periods in which they are incurred.
r. Borrowing costs
Borrowing costs directly attributable to the acquisition, construction or production of qualifying assets
are added to the cost of those assets, until such time as the assets are substantially ready for their
intended use or sale.
Investment income earned on the temporary investment of specific borrowings pending their
expenditure on qualifying assets is deducted from the borrowing costs eligible for capitalization.
Other than stated above, all other borrowing costs are recognized in profit or loss in the period in which
they are incurred.
s. Government grants
Government grants related to income are not recognized until there is reasonable assurance that the
Group will comply with the conditions attaching to them and that the grants will be received.
Government grants are recognized in other income on a systematic basis over the periods in which the
Group recognizes as expenses the related costs for which the grants are intended to compensate.
Specifically, government grants whose primary condition is that the Group should purchase, construct
or otherwise acquire non-current assets are recognized as deferred revenue in the consolidated financial
statements and transferred to profit or loss on a systematic and rational basis over the useful lives of the
related assets.
Government grants that are receivable as compensation for expenses or losses already incurred or for
the purpose of giving immediate financial support to the Group with no future related costs are
recognized in profit or loss in the period in which they become receivable.
The benefit of a government, loan received at a below-market rate of interest is treated as a government
grant measured as the difference between the proceeds received and the fair value of the loan based on
prevailing market interest rates.
t. Employee benefits
1) Short-term employee benefits
Liabilities recognized in respect of short-term employee benefits are measured at the undiscounted
amount of the benefits expected to be paid in exchange for the related services.
2) Retirement benefits
Payments to defined contribution retirement benefit plans are recognized as expenses when
employees have rendered services entitling them to the contributions.
Defined benefit costs (including service cost, net interest and remeasurement) under the defined
benefit retirement benefit plans are determined using the projected unit credit method. Service cost
(including current service cost and past service cost) and net interest on the net defined benefit
liability (asset) are recognized as employee benefits expense in the period they occur.
Remeasurement, comprising actuarial gains and losses and the return on plan assets (excluding
interest), is recognized in other comprehensive income in the period in which they occur.
Remeasurement recognized in other comprehensive income is reflected immediately in retained
- 38 -
earnings and will not be reclassified to profit or loss.
Net defined benefit liability (asset) represents the actual deficit (surplus) in the Group’s defined
benefit plan. Any surplus resulting from this calculation is limited to the present value of any
refunds from the plans or reductions in future contributions to the plans.
u. Share-based payment arrangements
The fair value at the grant date of the employee share options and restricted stocks for employees is
expensed on a straight-line basis over the vesting period, based on the Group’s best estimate of the
number of options or shares that are expected to ultimately vest, with a corresponding increase in
capital surplus - employee share options or non-controlling interests (employee share options issued by
subsidiaries) and other equity - unearned employee benefits or non-controlling interests (restricted
stocks for employees issued by subsidiaries). It is recognized as an expense in full at the grant date if
vesting immediately. The grant date of issued ordinary shares for cash which are reserved for
employees is the date on which the number of shares that the employees purchase is confirmed.
When restricted stocks for employees are issued, other equity - unearned employee benefits is
recognized on the grant date, with a corresponding increase in capital surplus - restricted stocks for
employees.
At each balance sheet date, the Group reviews its estimate of the number of employee share options and
restricted stocks for employees expected to vest. The impact of the revision of the original estimates is
recognized in profit or loss such that the cumulative expense reflects the revised estimate, with a
corresponding adjustment to the capital surplus - employee share options or non-controlling interests
(employee share options issued by subsidiaries) and other equity - unearned employee benefits or
non-controlling interests (restricted stocks for employees issued by subsidiaries).
v. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
1) Current tax
Income tax payable (recoverable) is based on taxable profit (loss) for the year determined according
to the applicable tax laws of each tax jurisdiction.
According to the Income Tax Law of the R.O.C., an additional tax of unappropriated earnings is
provided for as income tax in the year the shareholders approve to retain earnings.
Adjustments of prior years’ tax liabilities are added to or deducted from the current year’s tax
provision.
2) Deferred tax
Deferred tax is recognized on temporary differences between the carrying amounts of assets and
liabilities in the consolidated financial statements and the corresponding tax bases used in the
computation of taxable profit. If a temporary difference arises from the initial recognition (other
than in a business combination) of assets and liabilities in a transaction that affects neither the
taxable profit nor the accounting profit, the resulting deferred tax asset or liability is not recognized.
In addition, a deferred tax liability is not recognized on taxable temporary differences arising from
the initial recognition of goodwill.
Deferred tax liabilities are generally recognized for all taxable temporary differences. Deferred tax
assets are generally recognized for all deductible temporary differences, unused loss carryforwards
and unused tax credits for capital expenditure to the extent that it is probable that taxable profits will
- 39 -
be available against which those deductible temporary differences can be utilized.
Deferred tax liabilities are recognized for taxable temporary differences associated with investments
in subsidiaries and associates, except where the Group is able to control the reversal of the
temporary differences and it is probable that the temporary difference will not reverse in the
foreseeable future. Deferred tax assets arising from deductible temporary difference associated with
such investments and interests are only recognized to the extent that it is probable that there will be
sufficient taxable profits against which to utilize the benefits of the temporary differences and they
are expected to reverse in the foreseeable future.
The carrying amount of deferred tax assets is reviewed at each balance sheet date and reduced to the
extent that it is no longer probable that sufficient taxable profits will be available to allow all or part
of the assets to be recovered. A previously unrecognized deferred tax asset is also reviewed at each
balance sheet date and recognized to the extent that it has become probable that future taxable profit
will allow the deferred tax asset to be recovered.
Deferred tax liabilities and assets are measured at the tax rates that are expected to apply in the
period in which the liabilities are settled or assets are realized, based on tax rates (and tax laws) that
have been enacted or substantively enacted by the balance sheet date. The measurement of deferred
tax liabilities and assets reflects the tax consequences that would follow from the manner in which
the Group expects, at the balance sheet date, to recover or settle the carrying amount of its assets
and liabilities.
3) Current and deferred tax for the year
Current and deferred tax are recognized in profit or loss, except when they relate to items that are
recognized in other comprehensive income or directly in equity, in which case, the current and
deferred tax are also recognized in other comprehensive income or directly in equity, respectively.
Where current tax or deferred tax arises from the initial accounting for a business combination, the
tax effect is included in the accounting for the business combination.
5. CRITICAL ACCOUNTING JUDGMENTS AND KEY SOURCES OF ESTIMATION

UNCERTAINTY
In the application of the Group’s accounting policies, management is required to make judgments,
estimates, and assumptions on the carrying amounts of assets and liabilities that are not readily apparent
from other sources. The estimates and underlying assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The Group considers the recent development of the COVID-19 in R.O.C. and its economic environment
implications when making its critical accounting estimates on cash flows, growth rates, discount rates,
profitabilities, etc. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions
to accounting estimates are recognized in the year in which the estimates are revised if the revisions affect
only that year or in the year of the revisions and future years if the revisions affect both current and future
years.
Impairment of goodwill
Determining whether goodwill is impaired requires an estimation of the value in use of the cash-generating
units to which goodwill has been allocated. The calculation of the value in use requires management to
estimate the future cash flows expected to be generated from the cash-generating units and a suitable
discount rate in order to calculate the present value. Where the actual future cash flows are less than
expected, or change in facts and circumstances results in downward revision of future cash flows or upward
revision of discount rate, a material impairment loss may arise.
- 40 -
6. CASH AND CASH EQUIVALENTS
December 31
2022 2021
NT$ NT$
Cash on hand $ 5,989 $ 5,638

Checking accounts and demand deposits 47,632,415 47,094,687
Cash equivalents (time deposits with original maturity of less than
three months and repurchase agreements collateralized by bonds) 10,401,990 28,973,020
$ 58,040,394 $ 76,073,345
7. FINANCIAL INSTRUMENTS AT FAIR VALUE THROUGH PROFIT OR LOSS (FVTPL)
December 31
2022 2021
NT$ NT$
Financial assets mandatorily classified as at FVTPL
Derivative instruments (non-designated hedges)

Swap contracts $ 3,205,828 $ 85,629
Forward exchange contracts 246,710 23,373
Call option and put option of convertible bonds - 8,463
Target redemption forward contracts - 500
Non-derivative financial assets
Quoted ordinary shares 2,521,964 2,683,193
Private-placement funds 1,599,932 1,322,686
Unquoted preferred shares 628,156 583,270
Contingent considerations (Note 29) 438,176 394,943
Open-end mutual funds 293,385 334,223
8,934,151 5,436,280
Current 6,825,157 2,933,446
Non-current $ 2,108,994 $ 2,502,834
Financial liabilities held for trading - current
Derivative instruments (non-designated hedges)

Swap contracts $ 543,547 $ 360,797
Forward exchange contracts 83,213 56,863
$ 626,760 $ 417,660
- 41 -
At each balance sheet date, outstanding swap contracts not accounted for hedge accounting were as follows:
Notional Amount
Currency Maturity Period (In Thousands)
December 31, 2022
Sell RMB/Buy US$ 2023.01 RMB2,436,980/US$350,000

Sell NT$/Buy US$ 2023.01-2023.12 NT$78,424,577/US$2,690,000
Sell US$/Buy KRW 2023.01 US$42,000/KRW54,152,400
Sell US$/Buy NT$ 2023.01 US$530,320/NT$16,220,105
December 31, 2021
Sell RMB/Buy US$ 2022.01 RMB2,617,518/US$409,000

Sell NT$/Buy US$ 2022.1-2022.12 NT$52,916,127/US$1,903,000
Sell US$/Buy RMB 2022.02 US$54,415/RMB349,800
Sell US$/Buy JPY 2022.01 US$17,671/JPY2,000,000
Sell US$/Buy NT$ 2022.01-2022.04 US$570,130/NT$15,845,090
At each balance sheet date, outstanding forward exchange contracts not accounted for hedge accounting
were as follows:
Notional Amount
December 31, 2022
Sell RMB/Buy JPY 2023.01 RMB42,181/JPY810,000

Sell RMB/Buy NT$ 2023.01-2023.02 RMB7,000/NT$30,722
Sell RMB/Buy US$ 2023.01-2023.02 RMB1,081,934/US$155,418
Sell EUR/Buy JPY 2023.01 EUR697/JPY100,000
Sell NT$/Buy US$ 2023.01-2023.03 NT$4,010,015/US$130,000
Sell US$/Buy RMB 2023.01-2023.03 US$368,500/RMB2,579,155
Sell US$/Buy EUR 2023.01-2023.10 US$14,668/EUR14,640
Sell US$/Buy JPY 2023.01 US$63,743/JPY8,485,493
Sell US$/Buy MYR 2023.01-2023.03 US$25,000/MYR112,639
Sell US$/Buy NT$ 2023.01-2023.03 US$125,410/NT$3,830,145
Sell US$/Buy PLN 2023.01-2023.12 US$12,000/PLN61,129
Sell US$/Buy SGD 2023.01-2023.02 US$16,600/SGD22,783
December 31, 2021
Sell RMB/Buy JPY 2022.01 RMB35,127/JPY630,000

Sell RMB/Buy US$ 2022.01 RMB727,645/US$114,000
Sell NT$/Buy US$ 2022.01-2022.03 NT$3,465,805/US$125,000
Sell US$/Buy RMB 2022.01-2022.06 US$265,000/RMB1,701,695
Sell US$/Buy EUR 2022.01 US$460/EUR407
Sell US$/Buy JPY 2022.01-2022.02 US$94,747/JPY10,789,851
Sell US$/Buy MYR 2022.01-2022.02 US$8,000/MYR33,430
Sell US$/Buy NT$ 2022.01 US$10,000/NT$277,735
Sell US$/Buy SGD 2022.01-2022.02 US$16,900/SGD22,925
- 42 -
As of each balance sheet date, outstanding target redemption forward contracts not accounted for hedge
accounting were as follows:
Notional Amount
December 31, 2021
Sell EUR/Buy US$ 2022.04-2022.06 EUR2,982/US$3,475
The target redeemable forward contracts held by subsidiaries are weekly settled. If the market exchange
rate is lower than the execution rate at the time of settlement, the contract will be settled at the nominal
amount, whereas if the market exchange rate is higher than the execution rate, the contract will be settled
atleveraged nominal amount (twice the nominal amount). The contracts last until all the nominal amount of
US$ position is fully settled. However, when the accumulated excess of the execution rates over the market
exchange rates reach the agreed threshold after the weekly settlement, the contracts will be automatically
early terminated.
8. FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME

(FVTOCI)
December 31
2022 2021
NT$ NT$
Investments in equity instruments at FVTOCI $ 482,559 $ 943,354

Investments in debt instruments at FVTOCI 1,059,712 1,076,458
$ 1,542,271 $ 2,019,812
a. Investments in equity instruments at FVTOCI
December 31
2022 2021
NT$ NT$
Unquoted ordinary shares $ 419,491 $ 820,779

Quoted ordinary shares 45,683 102,124
Unquoted preferred shares 13,883 11,245
Limited partnership 3,502 9,206
$ 482,559 $ 943,354
b. Investments in debt instruments at FVTOCI
December 31
2022 2021
NT$ NT$
Unsecured subordinate corporate bonds $ 1,059,712 $ 1,076,458
The Group purchased 1,000 units of the abovementioned perpetual unsecured subordinate corporate
bonds with par value of NT$1,000 thousand with annual interest rate and effective interest rate at 3.5%
and 3.2%, respectively.
- 43 -
9. CREDIT RISK MANAGEMENT FOR INVESTMENTS IN DEBT INSTRUMENTS
The Group’s investment in unsecured subordinate corporate bonds is rated the equivalent of investment
grade or higher and has low credit risk for impairment assessment.
There was no significant increase in credit risk of such debt instrument since initial recognition leading to
changes in interest rates and terms, and there was also no significant change in bond issuer’s operation
affecting the ability performing debt obligation. Therefore, no expected credit losses existed. The Group
reviews changes in bond yields and other public information periodically and makes an assessment whether
there has been a significant increase in lifetime Expected Credit Loss (“ECL”) since initial recognition.
10. TRADE RECEIVABLES, NET
December 31
2022 2021
NT$ NT$
At amortized cost
Gross carrying amount $109,408,693 $109,473,101
Less: Allowance for impairment loss 164,408 103,353
109,244,285 109,369,748
At FVTOCI 5,402,714 6,092,462
$114,646,999 $115,462,210
a. Trade receivables
1) At amortized cost
The Group’s average credit terms granted to the customers were 30 to 90 days. The Group evaluates
the risk and probability of credit loss of trade receivables by reference to the Group’s past
experiences, financial condition of each customer, impact of COVID-19, as well as competitive
advantage and future development of the industry in which the customer operates. The Group then
reviews the recoverable amount of each individual trade receivable at each balance sheet date to
ensure that adequate allowance is made for possible irrecoverable amounts. In this regard,
management believes the Group’s credit risk was significantly reduced.
The Group measures the loss allowance for trade receivables at an amount equal to lifetime ECLs.
The expected credit losses on trade receivables are estimated using a provision matrix by reference
to past default experience of the debtor and an analysis of the debtor’s current financial position,
adjusted for general economic conditions of the industry in which the debtors operate and an
assessment of both the current as well as the forecast direction of economic conditions at each
balance sheet date. As the Group’s historical credit loss experience shows significantly different
loss patterns for different customer segments, the provision matrix for expected credit loss
allowance based on trade receivables due status is further distinguished according to the Group’s
different customer base.
The Group writes off a trade receivable when there is information indicating that the debtor is in
severe financial difficulty and there is no realistic prospect of recovery. For trade receivables that
have been written off, the Group continues to engage in enforcement activity to attempt to recover
the receivables due. Where recoveries are made, these are recognized in profit or loss.
The following table details the loss allowance of trade receivables based on the Group’s provision
matrix.
- 44 -
December 31, 2022
Overdue Overdue Overdue Individually
Not Past Due 1 to 30 days 31 to 90 Days Over 91 Days Impaired Total
NT$ NT$ NT$ NT$ NT$ NT$
Expected credit loss rate 0% 0%-10% 0%-70% 1%-100% 0%-100%
Gross carrying amount $ 102,857,157 $ 4,765,548 $ 1,413,656 $ 294,937 $ 77,395 $ 109,408,693

Loss allowance (Lifetime ECLs) (20,445 ) (1,778 ) (47,752 ) (70,133 ) (24,300 ) (164,408 )
$ 102,836,712 $ 4,763,770 $ 1,365,904 $ 224,804 $ 53,095 $ 109,244,285
December 31, 2021

Expected credit loss rate 0% 0%-10% 0%-70% 1%-100% 0%-100%
Gross carrying amount $ 105,538,390 $ 3,136,438 $ 609,695 $ 99,118 $ 89,640 $ 109,473,101

Loss allowance (Lifetime ECLs) (18.062 ) (1,811 ) (22,785 ) (46,337 ) (14,358 ) (103,353 )
$ 105,520,328 $ 3,134,627 $ 586,910 $ 52,781 $ 75,102 $ 109,369,748
The movements of the loss allowance of trade receivables for the years ended December 31, 2022
and 2021 were as follows:

2022 2021
NT$ NT$
Balance at January 1 $ 103,353 $ 97,358

Remeasurement of loss allowance 59,490 17,078
Amounts written off - (399)
Disposal of subsidiaries - (4,637)
Effects of foreign currency exchange differences 1,565 (6,047)
Balance at December 31 $ 164,408 $ 103,353
2) At FVTOCI
For the trade receivables due from certain customers, the Group decides whether or not to factor
these trade receivables to banks without recourse based on the Group’s demand of working capital.
These trade receivables are classified as at FVTOCI because they are held within a business model
whose objective is achieved by both the collection of contractual cash flows and the selling of
financial assets.
The following table details the loss allowance of trade receivables at FVTOCI based on the Group’s
provision matrix.
December 31, 2022

Expected credit loss rate 0% 0% 0% 0% -
Gross carrying amount $ 5,291,410 $ 22,221 $ 83,767 $ 5,316 $ - $ 5,402,714

Loss allowance (Lifetime ECLs) - - - - - -
$ 5,291,410 $ 22,221 $ 83,767 $ 5,316 $ - $ 5,402,714
- 45 -
December 31, 2021
Expected credit loss rate 0% 0% 0% 0% -
Gross carrying amount $ 5,991,543 $ 9,415 $ 91,493 $ 11 $ - $ 6,092,462

Loss allowance (Lifetime ECLs) - - - - - -
$ 5,991,543 $ 9,415 $ 91,493 $ 11 $ - $ 6,092,462
3) At FVTPL
Some of the Group’s subsidiaries sell all of their trade receivables to banks without recourse. The
sale will result in the derecognition of these trade receivables because the Group’s subsidiaries will
transfer substantially all risks and rewards to banks. These trade receivables are measured at FVTPL
because the objective of those subsidiaries’ business model is neither the collecting of contractual
cash flows nor the collecting of contractual cash flows and the selling of financial assets. As of
December 31, 2022, the trade receivables at FVTPL were all factored to banks without recourse.
b. Transfers of financial assets
The followings were the Group’s outstanding trade receivables transferred but not yet due:
Annual
Receivables Reclassified Advances Advances Interest Rates
Factoring to Other Received – Received – on Advances
Counterparty Proceed Receivables Unused Used Received
NT$ NT$ NT$ NT$
December 31, 2022
BNP Paribas EUR 23,600 EUR 18,283 EUR 17,103 EUR 5,317 0.80%
December 31, 2021
BNP Paribas EUR 12,115 EUR 12,081 EUR 11,475 EUR 34 0.80%
First Commercial Bank $ 8,565 $ - $ - $ 8,565 1.95%
Pursuant to the factoring agreements, losses from commercial disputes (such as sales returns and
discounts) are borne by the Group, while losses from credit risk are borne by banks. As of December 31,
2021, the Group’s issued promissory notes with aggregate amounts of US$2,000 thousand to Citibank
Taiwan Ltd. for possible commercial disputes. As of the date that the consolidated financial statements
were authorized for issue by the management, the Group did not have a material commercial dispute
and also expected to have no material commercial dispute in the foreseeable future.
11. INVENTORIES
December 31
2022 2021
NT$ NT$
Finished goods $ 12,628,314 $ 8,454,783

Work in process 8,821,890 7,950,743
Raw materials 61,672,903 46,978,647
Supplies 3,344,968 3,339,042
(Continued)
- 46 -
December 31
2022 2021
NT$ NT$
Raw materials and supplies in transit $ 869,400 $ 1,109,766
$ 87,337,475 $ 67,832,981
(Concluded)
The cost of inventories recognized as operating costs for the years ended December 31, 2022 and 2021
were NT$534,314,001 thousand and NT$458,345,579 thousand, respectively, which included write-downs
of inventories at NT$2,031,485 thousand and NT$647,946 thousand, respectively.
12. INVENTORIES RELATED TO REAL ESTATE BUSINESS
December 31
2022 2021
NT$ NT$
Land and buildings held for sale $ 678,080 $ 667,630

Construction in progress 3,023,070 2,956,958
Land held for construction 1,787,526 1,787,526
$ 5,448,676 $ 5,412,114
Construction in progress is mainly located on Lidu Road in Kun Shan, China. The capitalized borrowing
costs for the years ended December 31, 2022 and 2021 are disclosed in Note 25.
As of December 31, 2022 and 2021, inventories related to real estate business of NT$5,488,676 thousand
and NT$5,412,114 thousand, respectively, are expected to be recovered longer than twelve months.
Refer to Note 36 for the carrying amount of inventories related to real estate business that had been pledged
by the Group to secure bank borrowings.
13. OTHER FINANCIAL ASSETS
December 31
2022 2021
NT$ NT$
Guarantee deposits $ 4,606,790 $ 1,007,651

Pledged time deposits (Note 36) 447,459 415,065
Time deposits with original maturity over three months 63,853 60,499
Others (Note 36) 60,422 73,765
5,178,524 1,556,980
Current 734,465 140,857
Non-current $ 4,444,059 $ $1,416,123
- 47 -
14. INVESTMENTS ACCOUNTED FOR USING THE EQUITY METHOD
December 31
2022 2021
NT$ NT$
Investments in associates $ 14,298,331 $ 16,824,861

Investments in joint ventures 515,351 495,930
$ 14,813,682 $ 17,320,791
a. Investments in associates
1) Investments in associates accounted for using the equity method that was not individually material
consisted of the following:
Operating Carrying Amount as of December 31

Name of Associate Main Business Location 2022 2021
NT$ NT$
Yann Yuan Investment Co., Ltd. Engaged in investing R.O.C. $ 7,616,780 $ 10,164,945
(“Yann Yuan”) activities
ChipMOS Technologies Inc. Engaged in the packaging and R.O.C. 2,754,679 2,730,466
(“ChipMOS”) testing of semiconductors
M-Universe Investments Pte. Investment company Singapore 2,090,663 1,859,542
Ltd. (“MU”)
Hung Ching Development & Engaged in the development, R.O.C. 1,603,973 1,848,929
Construction Co. (“HC”) construction and leasing of
real estate properties
Hung Ching Kwan Co. (“HCK”) Engaged in the leasing of real R.O.C. 244,516 258,757
estate properties
Chipletz, Inc. (“CHIPLETZ”) Fabless substrate design U.S.A. 145,640 210,937
house
Questyle Audio Engineering Co., Engaged in the research and China 88,189 -
Ltd.(“QUESTYLE”) development on
technology and sales of
electronic products, digital
products, audio equipment
and spare parts, domestic
trading, import and export
business.
Deca Technologies Inc. Holding company with group U.S.A. 54,040 51,434
(“DECA”) engaged in the
development of wafer level
packaging and
interconnect technology
14,598,480 17,125,010
Less: Deferred gain on
transfer of land 300,149 300,149
$ 14,298,331 $ 16,824,861
2) At each balance sheet date, the total percentages of ownership held by the Group were as follows:
December 31
2022 2021
Yann Yuan 27.94% 29.45%

ChipMOS 10.85% 10.85%
MU 42.23% 42.23%
HC 26.22% 26.22%
HCK 27.31% 27.31%
CHIPLETZ 20.82% 20.82%
(Continued)
- 48 -
December 31
2022 2021
DECA 17.85% 17.85%

QUESTYLE 6.67% -
3) In June 2022, the Group’s subsidiary, SPIL, subscribed for additional new shares of Yann Yuan at a
percentage different from its existing ownership percentage, which led to a decrease in the Group’s
percentage of ownership in Yann Yuan to 27.94%.
4) In November 2022, the Group’s subsidiary, USISH, invested RMB20,000 thousand to obtain 6.67%
ownership of QUESTYLE. The Group considered it has significant influence over QUESTYLE
since it involves in making significant decisions by participating in QUESTYLE’s board meeting.
5) At the end of 2022, the Group evaluated the recoverable amount of its investment in CHIPLETZ by
using the value in use. The recoverable amount was lower than the carrying amount and, therefore,
the Group recognized an impairment loss of NT$61,206 thousand under the line item of other gains
and losses (Note 25). The value in use of its investment in CHIPLETZ was the present value of cash
flow projections made by CHIPLETZ’s management with a discount rate of 22.2% at the end of
2022.
6) Fair values (Level 1) of investments in associates with available published price quotation are
summarized as follows:
December 31
2022 2021
NT$ NT$
ChipMOS $ 2,643,498 $ 3,835,045

HC $ 1,420,636 $ 2,141,249
7) Aggregate information of associates that are not individually material
December 31
2022 2021
NT$ NT$
The Group’s share of:

Net income $ 1,025,940 $ 946,853
Other comprehensive income (loss) (3,214,564) 3,704,445
Total comprehensive income (loss) $ (2,188,624) $ 4,651,298
b. Investments in joint ventures
1) Investments in joint ventures that was not individually material and accounted for using the equity
method consisted of the following:
- 49 -
Operating Carrying Amount as of December 31
Name of Joint Venture Main Business Location 2022 2021
NT$ NT$
SUMA-USI Electronics Co., Engaged in the design and China $ 488,760 $ 495,930
Ltd. (“SUMA-USI”) production of electronic
products
MUtek Electronics Co., Ltd. Engaged in the production R.O.C 26,591 -
(“MUtek”) and wholesale of electronic
products
$ 515,351 $ 495,930
2) At each balance sheet date, the percentages of ownership held by the Group’s subsidiary were as
follows:
December 31
2022 2021
SUMA-USI 49.00% 49.00%

MUtek 49.00% -
UGTW entered into a joint venture agreement with Merry Electronics Co., Ltd. in July 2020 and
established MUtek with a ownership of 49.00% in July 2022. Based on the joint venture agreement,
both investors jointly lead the relevant operation activities of MUtek, which resulted in that the
investment in MUtek was accounted for using the equity method.
In January 2023, UGKS entered into a shares transfer agreement with Cancon Information Industry
Co., Ltd. to transfer its 49.00% ownership of SUMA-USI based on its business operation strategy.
The transfer price was RMB110,880 thousand. After the completion of shares transfer, the Group
will no longer hold ownership of SUMA-USI.
4) Aggregate information of joint ventures that were not individually material

2022 2021
NT$ NT$
The Group’s share of:

Total comprehensive income $ 101,839 $ 27,003
15. PROPERTY, PLANT AND EQUIPMENT
The carrying amounts of each class of property, plant and equipment were as follows:
December 31
2022 2021
NT$ NT$
Land $ 13,006,893 $ 11,530,540

Buildings and improvements 91,623,291 79,273,937
Machinery and equipment 142,129,485 128,202,516
Other equipment 3,401,543 3,928,284
Construction in progress and machinery under installation 18,073,406 16,932,273
$ 268,234,618 $ 239,867,550
- 50 -
For the year ended December 31, 2022
Construction in
Progress and
Machinery
Buildings and Machinery and Other under
Land Improvements Equipment Equipment Installation Total
Cost
Balance at January 1, 2022 $ 11,530,540 $ 152,641,699 $ 423,488,598 $ 14,601,044 $ 16,932,273 $ 619,194,154

Additions 1,453,816 302,092 1,514,563 137,208 72,392,895 75,800,574
Disposals (63,446 ) (1,129,046 ) (7,457,317 ) (1,176,897 ) (6,271 ) (9,832,977 )
Reclassification - 19,150,796 51,716,057 560,828 (71,530,690 ) (103,009 )
Effect of foreign currency exchange differences 85,983 1,833,158 4,232,801 232,425 285,199 6,669,566
Balance at December 31, 2022 $ 13,006,893 $ 172,798,699 $ 473,494,702 $ 14,354,608 $ 18,073,406 $ 691,728,308
Accumulated depreciation and impairment
Balance at January 1, 2022 $ - $ 73,367,762 $ 295,286,082 $ 10,672,760 $ - $ 379,326,604

Depreciation expense - 7,516,917 39,819,816 1,609,023 - 48,945,756
Impairment losses recognized - 244,719 155,334 5,346 - 405,399
Disposals - (1,081,082 ) (7,114,817 ) (1,138,221 ) - (9,334,120 )
Reclassification - 198,534 365,180 (365,180 ) - 198,534
Effect of foreign currency exchange differences - 928,558 2,853,622 169,337 - 3,951,517
Balance at December 31, 2022 $ - $ 81,175,408 $ 331,365,217 $ 10,953,065 $ - $ 423,493,690

Construction in
progress and
machinery
Buildings and Machinery and Other under
Land Improvements equipment equipment installation Total
Cost
Balance at January 1, 2021 (Retrospectively

Adjusted) $ 10,457,960 $ 158,812,500 $ 416,368,479 $ 16,870,978 $ 13,853,465 $ 616,363,382
Additions 1,126,012 2,718,507 1,332,497 135,439 69,105,086 74,417,541
Disposals (2,400 ) (659,833 ) (10,999,274 ) (2,144,766 ) (32,960 ) (13,839,233 )
Disposal of subsidiaries (Note 30) - (12,344,067 ) (33,309,236 ) (1,247,326 ) (1,237,431 ) (48,138,060 )
Reclassification 393 5,038,562 53,856,444 1,181,455 (64,884,288 ) (4,807,434 )
Acquisitions through business combinations - 5,284 28,282 3,108 4,852 41,526
(Note 29)
Effect of foreign currency exchange differences (51,425 ) (929,254 ) (3,788,594 ) (197,844 ) 123,549 (4,843,568 )
Balance at December 31, 2021 $ 11,530,540 $ 152,641,699 $ 423,488,598 $ 14,601,044 $ 16,932,273 $ 619,194,154
Accumulated depreciation and impairment
Balance at January 1, 2021 $ - $ 75,998,643 $ 293,828,682 $ 12,170,660 $ - $ 381,997,985

Depreciation expense - 7,620,561 39,147,076 1,836,523 - 48,604,160
Impairment losses recognized - 15,915 105,815 5,036 - 126,766
Disposals - (565,551 ) (10,151,428 ) (2,065,174 ) - (12,782,153 )
Disposal of subsidiaries (Note 30) - (5,369,867 ) (24,974,206 ) (1,100,858 ) - (31,444,931 )
Reclassification - (3,924,490 ) 142,234 (18,218 ) - (3,800,474 )
Acquisitions through business combinations - 241 1,067 2,452 - 3,760
(Note 29)
Effect of foreign currency exchange differences - (407,690 ) (2,813,158 ) (157,661 ) - (3,378,509)
Balance at December 31, 2021 $ - $ 73,367,762 $ 295,286,082 $ 10,672,760 $ - $ 379,326,604
Based on the future operation plans and the capacity evaluation, the Group assessed that a portion of plant,
equipment and other equipment in the packaging segment, testing segment, and EMS segment were not
qualified for the production needs and, therefore, recognized an impairment loss of NT$405,399 thousand
and NT$126,766 thousand, respectively, under the line item of other gains and losses for the years ended
December 31, 2022 and 2021 (Note 25). Part of the recoverable amounts were determined by the fair value
less cost of disposal, of which the fair value was based on the recent quoted prices of assets with similar age
and obsolescence provided by vendors in secondary market or the disposal price, and both of which
represented Level 3 inputs because the secondary market was not active and the disposal price was
negotiated with counterparties. The recoverable amount of the other portion of the impaired plant and
equipment was determined using value in use and the Group expected to derive zero future cash flows from
- 51 -
these assets.
Each class of property, plant and equipment was depreciated on a straight-line basis over the following
useful lives:
Buildings and improvements

Main plant buildings 10-55 years
Cleanrooms 10-20 years
Others 3-24 years
Machinery and equipment 2-15 years
Other equipment 2-25 years
The capitalized borrowing costs for the years ended December 31, 2022 and 2021 are disclosed in Note 25.
16. LEASE ARRANGEMENTS
a. Right-of-use assets
December 31
2022 2021
NT$ NT$
Carrying amounts
Land $ 7,342,703 $ 6,093,518

Buildings and improvements 3,411,750 3,663,682
Machinery and equipment 237,260 880,443
Other equipment 69,070 42,619
$ 11,060,783 $ 10,680,262

2022 2021
NT$ NT$
Additions to right-of-use assets $ 2,140,942 $ 3,239,770
Depreciation charge for right-of-use assets

Land $ 236,673 $ 217,674
Buildings and improvements 660,276 509,746
Machinery and equipment 538,639 356,052
Other equipment 32,452 31,478
$ 1,468,040 $ 1,114,950
The amounts disclosed above with respect to the right-of-use assets did not include the right-of-use
assets that meet the definition of investment properties.
- 52 -
b. Lease liabilities
December 31
2022 2021
NT$ NT$
Carrying amounts
Current $ 979,612 $ 809,536

Non-current $ 6,728,875 $ 6,590,348
The Group’s lease liabilities were mainly from land and buildings and improvements. The range of
discount rates for lease liabilities was as follows:
December 31
2022 2021
Land (%) 0.54-8.00 0.54-8.00

Buildings and improvements (%) 0.45-8.84 0.45-8.84
c. Material lease-in activities and terms
The Group leases land and buildings for the use of plants and offices with remaining lease terms of 1-52
years and 1-28 years, respectively. For the leasehold land located in the R.O.C., the Group has
extension options at the expiry of the lease periods. However, the government has the right to adjust the
lease payments on the basis of changes in announced land value prices and also has the right to
terminate the lease contract under certain circumstances. The Group does not have bargain purchase
options to acquire the leasehold land and buildings at the expiry of the lease periods. In addition, the
Group is prohibited from subleasing or transferring all or any portion of the underlying assets without
the lessor’s consent.
d. Subleases
In addition to the sublease transactions described in Note 17, the Group did not have other sublease
transactions.
e. Other lease information

2022 2021
NT$ NT$
Expenses relating to short-term leases $ 431,613 $ 814,235

Expenses relating to low-value assets leases $ 3,242 $ 5,080
Expenses relating to variable lease payments not included
in the measurement of lease liabilities $ 126,584 $ 61,141
Total cash outflow for leases $ 2,494,384 $ 2,909,157
The Group elected to apply the recognition exemption for qualifying short-term leases and low-value asset
leases and, therefore, did not recognize right-of-use assets and lease liabilities for these leases.
- 53 -
17. INVESTMENT PROPERTIES
Buildings and Right-of-use

Land Improvements Assets Total
NT$ NT$ NT$ NT$
Cost
Balance at January 1, 2022 $ 35,572 $ 16,376,098 $ 10,042,678 $ 26,454,348

Additions - 114,786 - 114,786
Disposals - (9,770) - (9,770)
Reclassification - 39,158 (10,314) 28,844
Effects of foreign currency
exchange differences - 237,171 143,516 380,687
Balance at December 31, 2022 $ 35,572 $ 16,757,443 $ 10,175,880 $ 26,968,895
Accumulated depreciation
Balance at January 1, 2022 $ - $ 3,272,146 $ 1,037,415 $ 4,309,561

Depreciation expenses - 779,431 327,583 1,107,014
Disposals - (8,354) - (8,354)
Reclassification - (198,631) (12,186) (210,817)
exchange differences - 23,515 18,884 42,399
Balance at December 31, 2022 $ - $ 3,868,107 $ 1,371,696 $ 5,239,803
Carrying amount at December

31, 2022 $ 35,572 $ 12,889,336 $ 8,804,184 $ 21,729,092

NT$ NT$ NT$ NT$
Cost
Balance at January 1, 2021 $ 35,965 $ 7,822,805 $ 6,738,913 $ 14,597,683

Disposals - (5,350) - (5,350)
Disposal of subsidiaries (Note
30) - (1,290,187) (87,412) (1,377,599)
Reclassification (Note 12) (393) 9,818,133 3,398,139 13,215,879
exchange differences - 30,697 (6,962) 23,735
Balance at December 31, 2021 $ 35,572 $ 16,376,098 $ 10,042,678 $ 26,454,348
(Continued)
- 54 -
NT$ NT$ NT$ NT$
Accumulated depreciation
Balance at January 1, 2021 $ - $ 1,342,467 $ 717,133 $ 2,059,600

Depreciation expenses - 482,625 268,422 751,047
Disposals - (3,671) - (3,671)
Disposal of subsidiaries (Note
30) - (570,403) (19,946) (590,349)
Reclassification - 2,014,201 78,914 2,093,115
exchange differences - 6,927 (7,108) (181)
Balance at December 31, 2021 $ - $ 3,272,146 $ 1,037,415 $ 4,309,561
Carrying amount at December

31, 2021 $ 35,572 $ 13,103,952 $ 9,005,263 $ 22,144,787
(Concluded)
Construction in progress located on Hutai Road in Shanghai was completed in 2021 and immediately leased
out for shopping centers business. As a result, the Group reclassified those buildings and land use right
under the line item of “inventories related to real estate - construction in progress” to investment properties
with amount of NT$9,722,579 thousand.
Right-of-use assets included in investment properties were leasehold land located in Shanghai and were
subleased under operating leases.
The abovementioned investment properties were leased out for 1 to 20 years, with an option to extend for
an additional lease term. The lease contracts contain market review clauses in the event that the lessees
exercise their options to extend. The lessees do not have bargain purchase options to acquire the investment
properties at the expiry of the lease term.
In addition to fixed lease payments, some of the lease contracts also indicated that the lessees should make
variable payments determined at a specific percentage of the excess of respective lessee’s monthly revenues
over a specific amount.
The maturity analysis of lease payments receivable under operating leases of investment properties was as
follows:
December 31
2022 2021
NT$ NT$
Year 1 $ 1,683,010 $ 1,693,659

Year 2 1,380,058 1,405,450
Year 3 1,119,779 1,210,891
Year 4 990,867 1,019,498
Year 5 808,851 929,609
Year 6 onwards 2,492,305 3,241,525
$ 8,474,870 $ 9,500,632
- 55 -
The investment properties were depreciated on a straight-line basis over the following useful lives:
Main buildings 10-40 years

Right-of-use assets 10-50 years
Because the market conditions were severely affected by COVID-19 in 2022 and 2021, the Group agreed to
provide unconditional rent concessions for some lease contracts. The rent concessions were accounted for
as adjustments to related income over the remaining lease term. For the years ended December 31, 2022
and 2021, total amount from the rent concessions were NT$114,538 thousand and NT$3,865 thousand,
respectively.
The fair value of the investment properties was measured using the market approach and the income
approach based on level 3 inputs by independent professional appraisers. The significant unobservable
inputs were discount rates. The fair value of the investment properties was as follows:
December 31
2022 2021
NT$ NT$
Fair value $ 36,869,289 $ 36,158,216
Refer to Note 36 for the carrying amount of the investment properties that had been pledged by the Group
to secure borrowings.
18. GOODWILL
Accumulated Carrying
Cost impairment amount
NT$ NT$ NT$
Balance at January 1, 2022 $ 53,830,721 $ 2,414,113 $ 51,416,608

Effect of foreign currency exchange differences 240,986 - 240,986
Balance at December 31, 2022 $ 54,071,707 $ 2,414,113 $ 51,657,594
Balance at January 1, 2021 $ 54,467,361 $ 2,414,113 $ 52,053,248

Disposal of subsidiaries (Note 30) (310,711) - (310,711)
Effect of foreign currency exchange differences (325,929) - (325,929)
Balance at December 31, 2021 $ 53,830,721 $ 2,414,113 $ 51,416,608
a. Allocating goodwill to cash-generating units
The Group did not monitor goodwill for internal management purpose but for financial reporting
purpose and, therefore, the goodwill was allocated to the following cash-generating units for evaluation
of impairment: packaging segment, testing segment, EMS segment and other segment. The carrying
amounts of goodwill allocated to cash-generating units were as follows:
- 56 -
December 31
2022 2021
Cash-generating units NT$ NT$
Packaging segment $ 34,863,747 $ 34,849,069

Testing segment 13,321,826 13,211,590
EMS segment 3,323,920 3,207,848
Others 148,101 148,101
$ 51,657,594 $ 51,416,608
b. Impairment assessment
At the end of each year, the Group performs evaluation of goodwill for impairment by reviewing the
recoverable amounts based on value in use which incorporates cash flow projections estimated by
management covering a five-year period. The cash flows beyond that five-year period are extrapolated
using a steady per annum growth rate. In assessing value in use, the estimated future cash flows are
discounted to their present value using annual pre-tax discount rates which were 8.65%-14.64% and
10.27%-15.76% as of December 31, 2022 and 2021, respectively. Based on the assessment, no
impairment loss was recognized for the years ended December 31, 2022 and 2021. The key assumption
used in calculating each segment’s value in use also included the growth rates for operating revenues,
which were based on the forecast for the Group and the industry as well as the Group’s historical
performance.
Management believes that any reasonably possible change in the key assumptions on which the
recoverable amount was based on would not cause the carrying amount of each cash-generating unit to
exceed its recoverable amount.
19. OTHER INTANGIBLE ASSETS
The carrying amounts of each class of other intangible assets were as follows:
December 31
2022 2021
NT$ NT$
Customer relationships $ 6,974,365 $ 7,990,956

Computer software 2,310,815 2,779,723
Patents and acquired specific technology 11,829,167 13,730,404
Others 63,361 62,624
$ 21,177,708 $ 24,563,707
Patents and
acquired
Customer Computer specific
relationships software technology Others Total
NT$ NT$ NT$ NT$ NT$
Cost
Balance at January 1, 2022 $ 11,704,605 $ 7,051,694 $ 21,315,241 $ 133,526 $ 40,205,066

Additions - 459,954 500 31,414 491,868
(Continued)
- 57 -
Patents and
acquired
Customer Computer specific
relationships software technology Others Total
NT$ NT$ NT$ NT$ NT$
Disposals or derecognition $ - $ (37,442) $ - $ (12,871) $ (50,313)

Effect of foreign currency
exchange differences 31,576 141,903 1,611 4,257 179,347
Balance at December 31,

2022 $ 11,736,181 $ 7,616,109 $ 21,317,352 $ 156,326 $ 40,825,968
Accumulated amortization
and impairment
Balance at January 1, 2022 $ 3,713,649 $ 4,271,971 $ 7,584,837 $ 70,902 $ 15,641,359

Amortization expense 1,043,852 957,708 1,901,835 27,684 3,931,079
Impairment losses - 715 - - 715
recognized
Disposals or derecognition - (31,456) - (8,553) (40,009)
exchange differences 4,315 106,356 1,513 2,932 115,116

2022 $ 4,761,816 $ 5,305,294 $ 9,488,185 $ 92,965 $ 19,648,260
(Concluded)
Patents and
Acquired
Customer Computer Specific
Relationships Software Technology Others Total
NT$ NT$ NT$ NT$ NT$
Cost
Balance at January 1,
2021 $ 11,890,283 $ 6,966,449 $ 21,319,179 $ 179,860 $ 40,355,771
Additions - 1,193,060 2,000 37,959 1,233,019
Disposals or derecognition (102,637) (150,670) - (71,014) (324,321)
Disposal of subsidiaries
(Note 30) - (789,998) (5,401) (6,243) (801,642)
Acquisitions through
business combinations
(Note 29) - 622 - - 622
exchange differences (83,041) (167,769) (537) (7,036) (258,383)

2021 $ 11,704,605 $ 7,051,694 $ 21,315,241 $ 133,526 $ 40,205,066
Accumulated amortization
Balance at January 1,
2021 $ 2,769,983 $ 4,170,576 $ 5,598,966 $ 104,475 $ 12,644,000
Amortization expense 1,049,759 971,190 1,991,641 41,530 4,054,120
(Continued)
- 58 -
Patents and
Acquired
Customer Computer Specific
Relationships Software Technology Others Total
NT$ NT$ NT$ NT$ NT$
Disposals or derecognition $ (102,637) $ (139,907) $ - $ (67,741) $ (310,285)

Disposal of subsidiaries
(Note 30) - (626,338) (5,288) (3,067) (634,693)
Acquisitions through
business combinations
(Note 29) - 222 - - 222
exchange differences (3,456) (103,772) (482) (4,295) (112,005)

2021 $ 3,713,649 $ 4,271,971 $ 7,584,837 $ 70,902 $ 15,641,359
(Concluded)
Each class of other intangible assets was amortized on the straight-line basis over the following useful lives:
Customer relationships 11-16 years

Computer software 2-10 years
Patents and acquired specific technology 5-17 years
Others 5-10 years
20. BORROWINGS
a. Short-term borrowings
Bank loans mainly represented unsecured revolving loans, letters of credit and bank overdrafts.
December 31
2022 2021
NT$ NT$
Secured bank loans, annual interest rates were 2.73%-3.63%

and 0.90%-1.87% as of December 31, 2022 and 2021,
respectively $ 772,896 $ 203,127
Unsecured bank loans, annual interest rates were
1.42%-6.50% and 0.40%-3.75% as of December 31, 2022
and 2021, respectively
45,958,234 40,833,302
46,731,130 41,036,429
Less: financial liabilities for hedging – current (Note 34) 12,204,620 6,716,965
$ 34,526,510 $ 34,319,464
- 59 -
b. Long-term borrowings
1) Bank loans
December 31
2022 2021
NT$ NT$
Revolving bank loans

Syndicated bank loans - redeemed in January 2022, annual
interest rates was 1.08% as of December 31, 2021 $ - $ 2,562,926
Others - repayable through January 2023 to July 2029,
annual interest rates were 1.43%-5.26% and
0.40%-4.00% as of December 31, 2022 and 2021,
respectively 79,657,893 107,383,417
Mortgage loans (Note 36)
Repayable through January 2023 to December 2033,
annual interest rates were 2.85%-4.40% and
2.32%-4.55% as of December 31, 2022 and 2021,
respectively 8,333,805 8,031,142
87,991,698 117,977,485
Less: unamortized discounts - 3,642
87,991,698 117,973,843
Less: current portion 5,041,841 4,526,683
financial liabilities for hedging – non-current (Note 34) - 4,780,931
$ 82,949,857 $ 108,666,229
Pursuant to some of the above revolving bank loans agreements, the Group’s subsidiaries should
meet certain financial covenants which are calculated based on each of their annual audited
consolidated financial statements or semi-annual reviewed consolidated financial statements. The
Group’s subsidiaries were in compliance with all of the financial covenants.
2) Long-term bills payable
December 31
2022 2021
NT$ NT$
Ta Ching Bills Finance Corporation,

repayable through January 2024 to March 2024, annual
interest rates were 0.85%-0.94% and 0.65% as of
December 31, 2022 and 2021, respectively $ 3,000,000 $ 2,500,000
Cathay United Bank,
repayable in April 2024, annual interest rate was
1.49%-1.56% as of December 31, 2022 9,000,000 -
China Bills Finance Corporation,
redeemed in December 2022, annual interest rate was
0.65% as of December 31, 2021 - 2,500,000
Mega Bills Finance Corporation,
redeemed in March 2022, annual interest rate was 0.65%
as of December 31, 2021 - 2,000,000
(Continued)
- 60 -
December 31
2022 2021
NT$ NT$
International Bills Finance Corporation,

redeemed in March 2022, annual interest rate was 0.65%
as of December 31, 2021 $ - $ 1,500,000
12,000,000 8,500,000
Less: unamortized discounts 2,247 1,353
$ 11,997,753 $ 8,498,647
(Concluded)
21. BONDS PAYABLE
December 31
2022 2021
NT$ NT$
Unsecured domestic bonds

Repayable at maturity in January 2023 and interest due annually
with annual interest rate at 1.50% $ 2,000,000 $ 2,000,000
Repayable at maturity in January 2024 and interest due annually
with annual interest rate at 1.45% 4,300,000 4,300,000
Repayable at maturity in April 2024 and interest due annually with
annual interest rate at 0.90% 6,500,000 6,500,000
Repayable at maturity in August 2023 and interest due annually
Redeemed in January 2022 and interest due annually with annual
interest rate at 1.25% - 3,700,000
Unsecured overseas bonds
US$200,000 thousand (linked to New Taiwan dollar), redeemed in
September 2022 and interest due quarterly with annual interest
rate at 2.15% - 6,204,800
US$100,000 thousand (linked to New Taiwan dollar), repayable at
maturity in October 2024 and interest due quarterly with annual
interest rate at 2.50% 3,102,400 3,102,400
Unsecured overseas convertible bonds
RMB2,005,324 thousand and RMB779,801 thousand as of
December 31, 2022 and 2021, respectively, at maturity in
March 2027 and interest due annually with annual interest rate
at 0.10%, 0.20%, 0.60%, 1.30%, 1.80% and 2.00% for the first,
second, third, fourth, fifth and sixth year, respectively. 8,842,360 3,385,381
48,244,760 52,692,581
(Continued)
- 61 -
December 31
2022 2021
NT$ NT$
Less: discounts on bonds payable $ 394,436 $ 425,244

47,850,324 52,267,337
Less: current portion of bonds payable 4,998,971 9,902,710
$ 42,851,353 $ 42,364,627
(Concluded)
a. In March 2021, the subsidiary, USISH, offered an unsecured overseas convertible bonds (the “USISH
Bonds”) in RMB3,450,000 thousand with a par value of RMB100. Within 5 trading days after maturity,
USISH will redeem all the unconverted bonds at a price of 108% of the par value (including the
interests of the last installation).
When the USISH Bonds were offered, the subsidiaries, USIE and ASE (Shanghai) Inc., subscribed for
the USISH Bond at a total of RMB2,670,199 thousand. Since then, USIE and ASE (Shanghai) Inc.
disposed separately the USISH Bonds totaled to RMB 1,197,194 thousand and RMB 28,397 thousand
in the public market. As of December 31, 2022, the par value of the USISH Bonds held by USIE
amounted to RMB 1,444,608 thousand. As the aforementioned contractual obligations assumed by
USISH and the contractual rights entitled to USIE and ASE (Shanghai) Inc. were extinguished in
economic substance, the assets and liabilities related to the USISH Bonds subscribed for by USIE and
ASE (Shanghai) Inc. were eliminated upon the consolidation.
Each holder of the USISH Bonds has the right to convert the USISH Bonds into ordinary shares of
USISH at the conversion price at any time from the first trading day after 9 months of the offering date
to the maturity date (the “Conversion Period”). The initial conversion price was RMB20.25 per share at
offering date and the conversion price will be subject to the adjustment in the event of the conversion
provisions due to anti-dilution clause. As of December 31, 2022, the conversion price was RMB19.50
per share. As of December 31, 2022, the USISH Bonds with a par value totaled to RMB68 thousand
were converted into 3,000 ordinary shares of USISH. Within the outstanding period of the USISH
Bonds, if the closing price of USISH’s ordinary shares in Shanghai Stock Exchange is lower than 80%
of the current conversion price for at least 15 trading days out of any 30 consecutive trading days, the
board of directors of USISH has the right to propose a downward revision on conversion price and
submit it to USISH’s shareholders’ meeting for approval.
During the Conversion Period, USISH’s board of directors has the right to redeem all or part of the
unconverted bonds at the price of par value plus accrued interests in either of the following
circumstances: (1) if the closing price of USISH’s ordinary shares in Shanghai Stock Exchange is not
less than 130% (including 130%) of the current conversion price for at least 20 trading days out of any
30 consecutive trading days, or (2) the unconverted USISH Bonds falls below RMB30,000 thousand.
In the last two interest accrual years before the maturity, the holders of USISH Bonds have the right to
sell back all or part of USISH Bonds to USISH at the price of par value plus accrued interest in either
of the following circumstances: (1) if the closing price of USISH’s ordinary shares in Shanghai Stock
Exchange is lower than 70% of the current conversion price in any 30 consecutive trading days, or (2)
if USISH is deemed to change the use of the funds pursuant to the relevant regulations of the China
Securities Regulatory Commission or USISH is identified by the China Securities Regulatory
Commission as changing the use of funds before the maturity. In addition, after 3 years from the
offering date, holders of USISH Bonds have the right to sell back all or part of USISH Bonds to USISH
at 102% of the par value (including the interests accrued for the 3rd year).
- 62 -
At the offering date, USISH Bonds consisted of debt host contract (recognized under the line item of
bonds payable), conversion right (recognized under the line item of non-controlling interests since it is
an equity component of the bonds offered by the subsidiary), call option and put option (recognized
under the line item of financial liabilities at FVTPL).
22. OTHER PAYABLES
December 31
2022 2021
NT$ NT$
Payables for property, plant and equipment $ 16,704,590 $ 13,607,664

Accrued salary and bonus 14,759,907 12,217,011
Accrued employees’ compensation and remuneration to directors 10,012,636 7,711,445
Accrued employee insurance 1,325,330 1,204,387
Accrued utilities 847,905 581,662
Others 13,464,732 11,374,731
$ 57,115,100 $ 46,696,900
23. RETIREMENT BENEFIT PLANS
a. Defined contribution plans
1) The pension plan under the R.O.C. Labor Pension Act (“LPA”) for the Group’s R.O.C. resident
employees is a government-managed defined contribution plan. Based on the LPA, the Company
and its subsidiaries in R.O.C. makes monthly contributions to employees’ individual pension
accounts at 6% of their monthly salaries.
2) The subsidiaries of the Group located in countries other than R.O.C. also make contributions at
various ranges according to relevant local regulations.
b. Defined benefit plans
1) The Company and its subsidiaries in R.O.C. joined the defined benefit pension plan under the
R.O.C. Labor Standards Law operated by the government. Pension benefits are calculated on the
basis of the length of service and average monthly salaries of the last six months before retirement.
The Company and its subsidiaries in R.O.C. make contributions based on a certain percentage of
their domestic employees’ monthly salaries to a pension fund administered by the pension fund
monitoring committee. Before the end of each year, the Company and its subsidiaries in R.O.C.
assess the balance in the pension fund. If the balance in the pension fund is inadequate to pay
retirement benefits for employees who conform to retirement requirements in the next year, the
Company and its subsidiaries in R.O.C. are required to fund the difference in one appropriation that
should be made by the end of March in the next year. Pension contributions are deposited in the
Bank of Taiwan in the committee’s name and are managed by the Bureau of Labor Funds, Ministry
of Labor (“the Bureau”); the Company and its subsidiaries in Taiwan have no right to influence the
investment policy and strategy.
2) Pension plans for certain subsidiaries of the Group stipulate that employees with service years
exceeding agreed years are entitled to receive a lump-sum payment based on their length of service
and the agreed salaries at the time of termination of employment.
- 63 -
3) ASE, SPIL, ASE Test, Inc. and ASEE have pension plans for executive managers. Pension costs
under the plans were NT$7,735 thousand and NT$32,836 thousand, and remeasurement losses were
NT$3,778 thousand and NT$17,292 thousand, which recognized under the line item of net defined
benefit liabilities, for the years ended December 31, 2022 and 2021, respectively. Pension payments
were NT$26,144 thousand for the year ended December 31, 2021. As of December 31, 2022 and
2021, accrued pension liabilities for executive managers were NT$381,512 thousand and
NT369,999 thousand, respectively.
4) The amounts included in the consolidated balance sheets arising from the Group’s obligation in
respect of its defined benefit plans excluding those for executive managers were as follows:
December 31
2022 2021
NT$ NT$
Present value of the defined benefit obligation $ 10,261,997 $ 11,424,860

Fair value of the plan assets (6,477,877) (5,863,264)
Present value of unfunded defined benefit obligation 3,784,120 5,561,596
Recorded under other payables (88,983) (67,524)
Recorded under other non-current assets 248,843 -
Net defined benefit liabilities $ 3,943,980 $ 5,494,072
Movements in net defined benefit liabilities were as follows:
Present Value of Net Defined

the Defined Benefit
Benefit Fair Value of Liabilities
Obligation the Plan Assets (Assets)
NT$ NT$ NT$
Balance at January 1, 2022 $ 11,424,860 $ (5,863,264) $ 5,561,596
Service cost
Current service cost 141,458 - 141,458
Past service cost and gain on
settlements (100) - (100)
Net interest expense (income) 118,489 (79,441) 39,048
Recognized in profit or loss 259,847 (79,441) 180,406
Remeasurement
Return on plan assets (excluding
amounts included in net interest) - (324,510) (324,510)
Actuarial (gain) loss
Changes in financial assumptions (1,053,680) - (1,053,680)
Experience adjustments 217,658 - 217,658)
Changes in demographic
assumptions (507) - (507)
Recognized in other comprehensive
income (836,529) (324,510) (1,161,039)
Contributions from the employer - (736,508) (736,508)

Benefits paid from
the pension fund (571,930) 571,930 -
the Group (115,695) - (115,695)
(Continued)
- 64 -
Present Value of Net Defined
the Defined Benefit
Benefit Fair Value of Liabilities
Obligation the Plan Assets (Assets)
NT$ NT$ NT$
Liabilities extinguished on settlements $ (2,920) $ - $ (2,920)

Exchange differences on foreign plans 104,364 (46,084) 58,280)
Balance at December 31, 2022 $ 10,261,997 $ (6,477,877) $ 3,784,120)
Balance at January 1, 2021 $ 12,159,145 $ (5,962,305) $ 6,196,840
Service cost
Current service cost 173,307 - 173,307
Past service cost and gain on
settlements (10,284) - (10,284)
Net interest expense (income) 78,501 (59,761) 18,740
Recognized in profit or loss 241,524 (59,761) 181,763
Remeasurement
Return on plan assets (excluding
amounts included in net interest) - (42,636) (42,636)
Actuarial (gain) loss
Changes in financial assumptions (418,542) - (418,542)
Experience adjustments 242,896 - 242,896
Changes in demographic
assumptions 160,156 - 160,156
Recognized in other comprehensive
income (15,490) (42,636) (58,126)
Contributions from the employer - (542,584) (542,584)

Benefits paid from
the pension fund (556,419) 562,442 6,023
the Group (80,603) - (80,603)
Business combinations 46,291 - 46,291
Exchange differences on foreign plans (369,588) 181,580 (188,008)
Balance at December 31, 2021 $ 11,424,860 $ (5,863,264) $ 5,561,596

(Concluded)
5) The fair value of the plan assets by major categories at each balance sheet date was as follows:
December 31
2022 2021
NT$ NT$
Cash $ 2,351,189 $ 2,267,223

Equity instruments 2,839,966 2,334,180
Debt instruments 1,079,917 1,039,412
Others 206,805 222,449
Total $ 6,477,877 $ 5,863,264
- 65 -
6) Through the defined benefit plans under the Labor Standards Law of the R.O.C., the Group in
R.O.C. are exposed to the following risks:
a) Investment risk
The plan assets are invested in equity and debt securities, bank deposits, etc. The investment is
conducted at the discretion of the Bureau or under the mandated management. However, in
accordance with relevant regulations, the return generated by plan assets should not be below
the interest rate for a 2-year time deposit with local banks.
b) Interest risk
A decrease in the government bond interest rate will increase the present value of the defined
benefit obligation; however, this will be partially offset by an increase in the return on the plan’s
debt investments.
c) Salary risk
The present value of the defined benefit obligation is calculated by reference to the future
salaries of plan participants. As such, an increase in the salary of the plan participants will
increase the present value of the defined benefit obligation.
7) The management of ASE Korea is responsible for the administration of the fund and determination
of the investment strategies according to related local regulations. ASE Korea is responsible for the
shortfall between the fund and the defined benefit obligation. The plan assets are investment in the
certificates of deposits.
8) The present value of the defined benefit obligation and the related current service cost and past
service cost were measured using the Projected Unit Credit Method. Except the pension plans for
executive managers, the key assumptions used for the actuarial valuations were as follow:
December 31
2022 2021
Discount rates (%) 0.05-5.63 0.05-3.31

Expected rates of salary increase (%) 1.00-3.96 1.00-4.02
The sensitivity analysis below has been determined based on reasonably possible changes of the
respective assumptions occurring at each balance sheet date, while holding all other assumptions
constant.
December 31
2022 2021
NT$ NT$
Discount rate
0.5% higher $ (437,529) $ (548,265)
0.5% lower $ 472,595 $ 593,980
Expected rates of salary increase

0.5% higher $ 444,815 $ 538,689
0.5% lower $ (416,488) $ (503,700)
The sensitivity analysis presented above may not be representative of the actual change in the
defined benefit obligation as it is unlikely that the change in assumptions would occur in isolation
of one another as some of the assumptions may be correlated.
- 66 -
9) Maturity analysis of undiscounted pension benefit
December 31
2022 2021
NT$ NT$
No later than 1 year $ 646,243 $ 561,812

Later than 1 year but not later than 5 years 2,760,990 2,593,560
Later than 5 years 9,930,085 12,600,192
$ 13,337,318 $ 15,755,564
The Group expected to make contributions of NT$547,179 thousand and NT$595,871 thousand to
the defined benefit plans in the next year starting from January 1, 2023 and 2022, respectively.
As of December 31, 2022 and 2021, the average duration of the defined benefit obligation
excluding those for executive managers of the Group was 6 to 13 years and 9 to 16 years,
respectively.
24. EQUITY
a. Share capital
Ordinary shares
December 31
2022 2021
Numbers of shares authorized (in thousands) 5,500,000 5,500,000

Numbers of shares reserved (in thousands)
Employee share options 400,000 400,000
Shares capital authorized $ 55,000,000 $ 55,000,000

Shares capital reserved
Employee share options $ 4,000,000 $ 4,000,000
Number of shares issued and fully paid (in thousands) 4,367,984 4,408,650
American Depositary Receipts
The Company’s ADS represents 2 ordinary shares of the Company. As of both December 31, 2022 and
2021, 157,164 thousand ADSs were outstanding and represented approximately 314,328 thousand
ordinary shares of the Company.
- 67 -
b. Capital surplus
December 31
2022 2021
NT$ NT$
May be used to offset a deficit, distributed as cash dividends,

or transferred to share capital (1)
Issuance of ordinary shares $ 15,072,129 $ 16,049,286

Merger by share exchange 117,693,658 117,693,658
Difference between consideration and the carrying amount of the
subsidiaries’ net assets during actual disposal or acquisition 3,240,987 3,240,987
Exercised employee share options 2,943,447 2,362,951
Treasury share transactions 38,404 816,186
Donations from shareholders 471,894 -
Expired share options (Note 28) 646,447 645,903
140,106,966 140,808,971
May be used to offset a deficit only
Changes in percentage of ownership interest in subsidiaries (2) 116,086 -

Share of changes in capital surplus of associates accounted for
using the equity method 98,646 10,706
Dividends that the claim period has elapsed and unclaimed by
shareholders 6,043 5183
Exercised disgorgement
326 -
221,101 15,889
May not be used for any purpose
Employee share options 1,425,171 1,442,132

Restricted stocks for employees 778,387 1,193,782
Others (3) 154,731 230,943
2,358,289 2,866,857
$ 142,686,356 $ 143,691,717
1) Such capital surplus may be used to offset a deficit; in addition, when the Company has no deficit,
such capital surplus may be distributed as cash dividends or transferred to share capital (limited to a
certain percentage of the Company’s capital surplus and once a year).
2) Such capital surplus arises from the effects of changes in ownership interests in subsidiaries
resulting from equity transactions other than actual disposals or acquisitions, or from changes in
capital surplus of subsidiaries accounted for using the equity method.
3) Such capital surplus represents the excess of the carrying amount of related accounts over the par
value due to employee share options exercised and the Company has not completed registration
formalities.
c. Retained earnings and dividend policy
The Articles of Incorporation of the Company (the “Articles”) provides that annual net income shall be
distributed in the following order:
- 68 -
1) Replenishment of deficits;
2) 10.0% as legal reserve;
3) Special reserve appropriated or reversed in accordance with laws or regulations set forth by the
authorities concerned;
4) If annual net income remains, a proposal for the distribution of such amount together with a part or
all of the accumulated undistributed profits from previous years shall be prepared by the board of
directors and submit to the shareholders’ meeting for resolution. However, the distributable
dividends may be paid in cash after a resolution has been adopted by a majority vote at a meeting of
the board of directors attended by two-thirds of the total number of directors; and, in addition, a
report of such distribution shall be submitted to the shareholders’ meeting.
For the policies on the distribution of employees’ compensation and remuneration of directors, refer to
employees’ compensation and remuneration of directors in Note 25(g).
The Company is currently in the mature growth stage. To meet the capital needs for business
development now and in the future and satisfy the shareholders’ demand for cash inflows, the Company
shall use residual dividend policy to distribute dividends, of which the cash dividend is not lower than
30% of the total dividend distribution, with the remainder to be distributed in shares. A distribution plan
is also to be made by the board of directors and submitted for resolution in the shareholders’ meeting.
Appropriation of earnings to legal reserve shall be made until the legal reserve equals the Company’s
share capital. Legal reserve may be used to offset deficits. If the Company has no deficit and the legal
reserve has exceeded 25% of the Company’s share capital, the excess may be transferred to capital or
distributed in cash.
Items referred to under Rule No. 1090150022 issued by the FSC and in the directive titled “Questions
and Answers for Special Reserves Appropriated Following Adoption of IFRSs” should be appropriated
to or reversed from a special reserve by the Company.
The appropriation of earnings for 2021 and 2020 were as follows:
Appropriation of Earnings Dividends Per Share

For Year 2021 For Year 2020 For Year 2021 For Year 2020
NT$ NT$ NT$ NT$
(in dollars) (in dollars)
Legal reserve $ 6,282,762 $ 2,398,814

Special reserve (reversed) 798,025 (1,278,670)
Cash dividends 30,501,981 18,389,856 $ 7.0 $ 4.2
$ 37,582,768 $ 19,510,000
The above 2021 appropriations of earnings for cash dividends had been resolved by the Company’s
board of directors in March 2022; the other proposed appropriations items for 2021 had been resolved
by the shareholders in the meeting held in June 2022. The proposed appropriations of earnings for 2020
had been resolved in the Company’s annual shareholders’ meeting in August 2021.
- 69 -
d. Others equity items
1) Exchange differences on translating foreign operations

2022 2021
NT$ NT$
Balance at January 1 $ (15,392,747) $ (11,641,040)

Recognized for the year
Exchange differences arising on translating foreign
operations 9,981,949 (3,203,730)
Share from associates and joint venture accounted for using
the equity method (117,691) 21,307
Reclassified adjustments
Disposal of foreign operations - (569,284)
Balance at December 31 $ (5,528,489) $ (15,392,747)
2) Unrealized gain (loss) on financial assets at FVTOCI

2022 2021
NT$ NT$
Balance at January 1 $ 4,903,863 $ 2,501,278

Unrealized gain (loss) recognized during the year
Debt instruments (16,746 ) 63,722
Equity instruments (378,451 ) 151,413
Share from associates and joint ventures accounted for
using the equity method (3,060,430 ) 3,679,745
Other comprehensive income for the year (3,455,627 ) 3,894,880
Cumulative unrealized loss of equity instruments
transferred to retained earnings due to disposal 190,500 33,258
Cumulative unrealized gain transferred to retained earnings
due to disposal of equity instruments in relation to
associates and joint venture accounted for using the
equity method (152,077) (1,525,553)
Balance at December 31 $ 1,486,659 $ 4,903,863
3) Gain (loss) on hedging instruments - hedges of net investments of foreign operations

2022 2021
NT$ NT$
Balance at January 1 $ 121,833 $ (429,265)

Recognized during the year
Foreign currency risk – loans denominated in foreign
currency 398,448 551,098
- 70 -
4) Unearned employee compensation
In August 2021, the shareholders’ meeting resolved to issue restricted stock awards to employees.
Refer to Note 28 for the information.

2022 2021
NT$ NT$
Balance at January 1 $ (1,164,991) $ -

Issuance of employee restricted stock awards - (1,343,782)
Share-based payment expenses 728,748 178,791
Valuation adjustments 3,396 -
Balance at December 31 $ (432,847) $ (1,164,991)
e. Treasury shares (in thousand shares)
Shares
repurchased for Shares held by
Purpose of Repurchase cancellation subsidiaries Total
(in thousand (in thousand (in thousand
shares) shares) shares)
Balance at January 1, 2022 53,067 72,941 126,008

Increase during the year 1,933 - 1,933
Decrease during the year (55,000) - (55,000)
Balance at December 31, 2022 - 72,941 72,941
Balance at January 1, 2021 - 72,941 72,941

Increase during the year 53,067 - 53,067
Balance at December 31, 2021 53,067 72,941 126,008
In order to maintain the Company’s credit and shareholders’ rights and interests, the Company’s board
of directors resolved in November 2021 to repurchase up to 55,000 thousand of the Company’s
ordinary shares for cancellation at prices between NT$90 to NT$150 per share during November 8,
2021 to January 7, 2022. The Company has repurchased 55,000 thousand shares at an average price of
NT$104.3. In February 2022, the Company’s board of directors resolved that February 25, 2022 was the
record date for capital reduction and completed the cancellation of those repurchased ordinary shares.
In order to align with the Group’s financial strategy to simplify its investment management, ASE Test
and J&R Holding reduced capital in the fourth quarter of 2022 by remitting 44,100 thousand and 23,352
thousand common shares of the Company, respectively, to their shareholder, ASE.
- 71 -
The Company’s shares held by its subsidiaries at each balance sheet date were as follows:
Shares Held by Carrying

Subsidiaries Amount Fair Value
(in thousand NT$ NT$
shares)
December 31, 2022
ASE 67,452 $ 1,762,430 $ 6,333,754

ASE Test, Inc. 5,489 196,677 515,454
72,941 $ 1,959,107 $ 6,849,208
December 31, 2021
ASE Test 44,100 $ 1,380,721 $ 4,696,675

J&R Holding 23,352 381,709 2,486,975
ASE Test, Inc. 5,489 196,677 584,620
72,941 $ 1,959,107 $ 7,768,270
Fair value (Level 1) of the Company’s shares held by subsidiaries is based on the closing price from an
available published price quotation.
Under the Securities and Exchange Act, the Company shall neither pledge treasury shares nor exercise
shareholders’ rights on these shares, such as the rights to dividends and voting. The subsidiaries holding
the aforementioned treasury shares are bestowed shareholders’ rights except the rights to participate in
any share issuance for cash and voting.
f. Non-controlling interests

2022 2021
NT$ NT$
Balance at January 1 $ 14,556,011 $ 15,627,534

Share of profit for the year 3,136,644 2,105,901
Exchange difference on translating foreign operations 344,780 (321,551)
Unrealized gain (loss) on equity instruments at FVTOCI (44,852) 50,679
Gain from hedging 110,781 187,502
Remeasurement on defined benefit plans 51,582 1,497
Share in other comprehensive income from associates
accounted for using the equity method (35,142) 7,902
Subsidiaries’ buy back of their own outstanding ordinary
shares (Note 31) (312,775) (2,748,521)
Equity component of convertible bonds issued by subsidiaries 1,092,004 393,199
Non-controlling interest relating to outstanding vested
employee share options granted by subsidiaries 315,871 314,398
Cash dividends distributed to non-controlling interests (575,089) (1,062,529)
Balance at December 31 $ 18,639,815 $ 14,556,011
- 72 -
25. PROFIT BEFORE INCOME TAX
a. Other income

2022 2021
NT$ NT$
Interest income
Bank deposits $ 646,407 $ 529,132
Contracts with customers 8,340 13,197
Government subsidies 797,612 767,918
Dividends income 278,381 289,852
Royalty income 638,867 135,400
Rental income 656,745 175,373
$ 3,026,352 $ 1,910,872
b. Other gains and losses

2022 2021
NT$ NT$
Net gains on financial assets mandatorily at FVTPL $ 10,244,928 $ 1,199,065

Net losses arising on financial instruments held for trading (6,137,183) (2,689,070)
Gain on disposal of subsidiaries (Note 30) - 17,340,418
Foreign exchange gains (losses), net (2,495,474) 1,395,054
Impairment losses (Notes 14,15 and 19) (388,775) (126,766)
Gain recognized in bargain purchase transaction (Notes 29) - 33,114
Gains on disposal of property, plant and equipment 113,356 71,770
Others (67,071) 934,052
$ 1,305,781 $ 18,157,637
c. Finance costs

2022 2021
NT$ NT$
Interest on lease liabilities $ 134,871 $ 105,159

Interest on borrowings and bonds payable 3,912,526 2,790,368
Total interest expense for financial liabilities measured at
amortized cost 4,047,397 2,895,527
Less: Amounts included in the cost of qualifying assets
Inventories related to real estate business - (71,011)
Property, plant and equipment (58,263) (25,581)
3,989,134 2,798,935
Other finance costs 20,648 32,372
$ 4,009,782 $ 2,831,307
Information relating to the capitalized borrowing costs was as follows:
- 73 -
2022 2021
Annual interest capitalization rates

Inventories related to real estate business (%) - 4.20-4.35
Property, plant and equipment (%) 0.59-4.22 0.48-1.08
d. Depreciation and amortization

2022 2021
NT$ NT$
Property, plant and equipment $ 48,945,756 $ 48,604,160

Right-of-use assets 1,468,040 1,114,950
Investment properties 1,107,014 751,047
Other intangible assets 3,931,079 4,054,120
$ 55,451,889 $ 54,524,277
Summary of depreciation by function

Operating costs $ 47,894,701 $ 46,880,267
Operating expenses 3,626,109 3,589,890
$ 51,520,810 $ 50,470,157
Summary of amortization by function

Operating costs $ 2,465,837 $ 2,443,870
$ 3,931,079 $ 4,054,120
e. Operating expenses directly related to investment properties

2022 2021
NT$ NT$
Direct operating expenses of investment properties that

generated rental income $ 1,616,197 $ 1,422,463
f. Employee benefits expense

2022 2021
NT$ NT$
Post-employment benefits
Defined contribution plans $ 3,590,439 $ 3,489,642
Defined benefit plans 188,141 214,599
3,778,580 3,704,241
Equity-settled share-based payments 989,843 699,210
Other employee benefits 98,404,937 90,412,118
$ 103,173,360 $ 94,815,569
(Continued)
- 74 -
2022 2021
NT$ NT$
Summary of employee benefits expense by function

Operating costs $ 65,063,705 $ 61,555,562
$ 103,173,360 $ 94,815,569
(Concluded)
g. Employees’ compensation and the remuneration to directors
The Articles stipulates to distribute employees’ compensation and remuneration to directors at the rates
of 0.01%-1.00% and no higher than 0.75%, respectively, of net profit before income tax, employees’
compensation and remuneration to directors.
For the Year Ended For the Year Ended

Accrual Accrual
Accrual rate amount Accrual rate amount
NT$ NT$
Employees’ compensation 0.25% $ 155,398 0.19% $ 121,935

Remuneration to directors 0.40% 248,637 0.30% 195,095
If there is a change in the proposed amounts after the consolidated financial statement authorized for
issue, the differences are recorded as a change in accounting estimate and will be adjusted in the
following year.
In March 2022 and 2021, the board of directors resolved the appropriations of employees’
compensation and remuneration to directors in cash for 2021 and 2020, respectively. The differences
between the resolved amounts and the accrued amounts reflected in the annual consolidated financial
statements for the years ended December 31, 2021 and 2020 were deemed changes in estimates. The
differences were NT$1,030 thousand and NT$818 thousand and were adjusted in net profit for each of
the years ended December 31, 2022 and 2021, respectively.
For Year 2021 For Year 2020

Employees’ Remuneration Employees’ Remuneration
compensation to directors compensation to directors
NT$ NT$ NT$ NT$
Resolved by the board of

directors $ 122,000 $ 194,000 $ 54,909 $ 109,000
Recognized in the consolidated
financial statements $ 121,935 $ 195,095 $ 54,909 $ 109,818
Information on the employees’ compensation and the remuneration to directors resolved by the board of
directors is available at the Market Observation Post System website of the Taiwan Stock Exchange
(the “TWSE”).
- 75 -
26. INCOME TAX
The Company and its subsidiaries, ASE, SPIL and USIINC, have filed a consolidated tax return for
corporate income tax and for unappropriated earnings.
a. Income tax recognized in profit or loss
The major components of income tax were as follows:

2022 2021
NT$ NT$
Current income tax

In respect of the current year $ 16,251,844 $ 14,533,570
Income tax on unappropriated earnings 97,896 62,192
Changes in estimate for prior years (211,631) (129,152)
16,138,109 14,466,610
Deferred income tax

In respect of the current year (185,726) (95,906)
Changes in tax rates (4,425) 18,337
Changes in estimate for prior years 2,481 16,625
Effect of foreign currency exchange differences 76,684 (83,840)
260,466 (144,784)
$ 16,398,575 $ 14,321,826
A reconciliation of income tax expense calculated at the statutory rates and income tax expense
recognized in profit or loss was as follows:

2022 2021
NT$ NT$
Profit before income tax $ 81,625,713 $ 80,335,407
Income tax expense calculated at the statutory rates $ 35,879,136 $ 33,726,064

Nontaxable expense (income) in determining taxable income (150,151) 329,608
Tax-exempt income (14,789,999) (14,578,355)
Additional income tax on unappropriated earnings 97,896 62,192
Income tax credits (2,514,002) (1,654,821)
The origination and reversal of temporary differences 1,304,931 78,544
Income tax adjustments on prior years (209,150) (112,527)
Unrecognized deferred tax liability for temporary differences
associated with investments (3,523,716) (6,135,120)
Unrecognized loss carryforwards 271,730 288,025
Withholding tax 31,900 87,175
Land value increment tax - 117,341
Capital gains tax - 2,113,700
$ 16,398,575 $ 14,321,826
- 76 -
b. Income tax recognized directly in equity

2022 2021
NT$ NT$
Deferred income tax

Related to employee share options $ - $ (9)
c. Income tax recognized in other comprehensive income

2022 2021
NT$ NT$
Deferred income tax
Related to remeasurement of defined benefit plans $(208,482) $ (19,319)
d. Current tax assets and liabilities
December 31
2022 2021
NT$ NT$
Current tax assets

Tax refund receivable $ 623,470 $ 207,272
Prepaid income tax 125,049 334,908
$ 748,519 $ 542,180
Current tax liabilities

Income tax payable $ 11,296,222 $ 10,044,739
e. Deferred tax assets and liabilities
The Group offset certain deferred tax assets and deferred tax liabilities which met the offset criteria.
The movements of deferred tax assets and deferred tax liabilities were as follows:

Recognized
in Other
Recognized in Profit Comprehensive Exchange Balance at December
Balance at January 1 or Loss Income Differences 31
NT$ NT$ NT$ NT$ NT$
Deferred tax assets
Temporary differences
Property, plant and equipment $ 90,977 $ 40,498 $ - $ 16,953 $ 148,428
Defined benefit obligation 1,188,153 (123,878) (208,482 ) 6,641 862,434
FVTPL financial instruments 189,350 18,192 - 252 207,794
Others 2,870,714 718,909 - 179,881 3,769,504
4,339,194 653,721 (208,482 ) 203,727 4,988,160
Loss carry-forward 638,782 (166,121 ) - 22,824 495,485
Investment credits 391,034 452,656 - 14,437 858,127
$ 5,369,010 $ 940,256 $ (208,482 ) $ 240,988 $ 6,341,772
(Continued)
- 77 -
Recognized
in Other
Recognized in Profit Comprehensive Exchange Balance at December
Balance at January 1 or Loss Income Differences 31
NT$ NT$ NT$ NT$ NT$
Deferred tax liabilities
Property, plant and equipment $ 5,916,744 $ 63,813 $ - $ 57,701 $ 6,038,258
FVTPL financial instruments 12,580 519,142 - 89 531,811
Others 1,185,205 617,767 - 106,514 1,909,486
$ 7,114,529 $ 1,200,722 $ - $ 164,304 $ 8,479,555
Balance at Recognized
January 1 in Other
(retrospectively Recognized in Comprehensive Recognized Exchange Disposal of Balance at
adjusted) Profit or Loss Income in Equity Differences Subsidiaries December 31
NT$ NT$ NT$ NT$ NT$ NT$ NT$
Deferred tax assets
Property, plant and equipment $ 629,702 $ (186,443 ) $ - $ - $ (7,178 ) $ (345,104 ) $ 90,977
Defined benefit obligation 1,370,455 (115,707 ) (19,319 ) - (47,276 ) - 1,188,153
FVTPL financial instruments 112,259 77,593 - - (502 ) - 189,350
Others 2,407,910 679,492 - (7 ) 52,399 (269,080 ) 2,870,714
4,520,326 454,935 (19,319 ) (7 ) (2,557 ) (614,184 ) 4,339,194
Loss carry-forward 527,666 187,981 - - (31,077 ) (45,788 ) 638,782
Investment credits 429,381 (15,549 ) - - (22,798 ) - 391,034
$ 5,477,373 $ 627,367 $ (19,319 ) $ (7 ) $ (56,432 ) $ (659,972 ) $ 5,369,010
Deferred tax liabilities
Property, plant and equipment $ 5,980,387 $ 165,628 $ - $ - $ (42,437 ) $ (186,834 ) $ 5,916,744
FVTPL financial instruments 6,317 6,274 - - (11 ) - 12,580)
Others 818,739 310,681 - 2 69,848 (14,065 ) 1,185,205)
$ 6,805,443 $ 482,583 $ - $ 2 $ 27,400 $ (200,899 ) $ 7,114,529)
f. Items for which no deferred tax assets have been recognized for loss carry-forward, investment credits
and deductible temporary differences
December 31
2022 2021
NT$ NT$
Loss carry-forward $ 1,549,286 $ 1,340,849

Investment credits 94,932 44,244
Deductible temporary differences 273,290 241,249
$ 1,917,508 $ 1,626,342
The unrecognized loss carry-forward will expire through 2030.
g. Information about unused loss carry-forward, investment credits, tax-exemption and other tax relief
As of December 31, 2022, the unused loss carry-forward comprised:
- 78 -
Expiry Year NT$
2023 $ 195,332
2024 172,926
2025 182,921
2026 279,553
2027 and thereafter 1, 214,039
$ 2, 044,771
As of December 31, 2022, unused investment credits comprised :
Remaining
Creditable Amount
Tax Credit Source NT$ Expiry Year
Purchase of machinery and equipment $ 841,658 2023 and thereafter

Others 111,401 2024 and thereafter
$ 953,059
Some China subsidiaries qualified as high technology enterprises were entitled to a reduced income tax
rate of 15% and were eligible to deduct certain times of research and development expenses from their
taxable income.
h. Unrecognized deferred tax liabilities associated with investments
As of December 31, 2022 and 2021, the taxable temporary differences associated with the investments
in subsidiaries for which no deferred tax liabilities have been recognized were NT$48,035,856 thousand
and NT$39,480,927 thousand, respectively.
i. Income tax assessments
The tax authorities have examined income tax returns of the Company and its R.O.C. subsidiaries
through 2019 and 2020.
27. EARNINGS PER SHARE
The earnings and weighted average number of ordinary shares outstanding in the computation of earnings
per share were as follows:
Net profit for the year

2022 2021
NT$ NT$
Profit for the year attributable to owners of the Company $ 62,090,494 $ 63,907,680
Effect of potentially dilutive ordinary shares:
Employee share options issued by subsidiaries (1,811,449) (1,056,778)
Earnings used in the computation of diluted earnings per share $ 60,279,045 $ 62,850,902
- 79 -
Weighted average number of ordinary shares outstanding (in thousand shares):

2022 2021
Weighted average number of ordinary shares in the computation of

basic earnings per share 4,274,687 4,305,348
Effect of potentially dilutive ordinary shares:
Employee share options 40,351 58,113
Employees’ compensation 1,940 1,264
Employee restricted stock awards 6,445 943
Weighted average number of ordinary shares in the computation of

diluted earnings per share 4,323,423 4,365,668
The Group is able to settle the employees’ compensation by cash or shares. The Group assumed that the
entire amount of the compensation would be settled in shares and the resulting potential shares were
included in the weighted average number of ordinary shares outstanding used in the computation of diluted
earnings per share if the effect is dilutive. Such dilutive effect of the potential shares was included in the
computation of diluted earnings per share until the board of directors approve the number of shares to be
distributed to employees at their meeting in the following year.
28. SHARE-BASED PAYMENT ARRANGEMENTS
a. Employee share option plans of the Company
In order to attract, retain and reward employees, the Company and its subsidiary, ASE, have their
employee share option plans for the Group’s full-time employees. As disclosed in Note 1, the Company
assumed ASE’s obligations of outstanding employee share option plans starting from April 30, 2018
and each share option represents the right to purchase 0.5 ordinary share of the Company when
exercised. The right of those share options granted under the plan is valid for 10 years, non-transferable
and exercisable at certain percentages subsequent to the second anniversary of the grant date. For any
subsequent changes in the Company’s capital structure or when cash dividend per ordinary share
exceeds 1.5% of the market price per ordinary share, the exercise price is accordingly adjusted.
Information about the share option plans that the Company granted and assumed for the years ended
December 31, 2022 and 2021 was as follows:

2022 2021
Weighted Weighted
Average Average
Number of Exercise Number of Exercise
Options Price Options Price
(In Per Share (In Per Share
Thousands) (NT$) Thousands) (NT$)
Balance at January 1 96,802 $ 53.3 144,767 $ 56.9

Options forfeited (1,206) 51.1 (5,907) 52.3
Options exercised (14,334) 51.5 (42,058) 61.4
Balance at December 31 81,262 50.2 96,802 53.3
Options exercisable, end of year 58,216 51.3 49,696 55.5
The weighted average share prices at exercise dates of share options for the years ended December 31,
- 80 -
2022 and 2021 were NT$92.4 and NT$108.8, respectively.
Information about the outstanding share options at each balance sheet date was as follows:
Weighted
Range of Average
Exercise Price Remaining
Per Share Contractual
(NT$) Life (Years)
December 31, 2022
ASE 5th share options $ 73.0 2.7

The Company 1st share options 47.5 5.9
December 31, 2021
ASE 5th share options 73.0 3.7

The Company 1st share options 51.0 6.9
The Company’s board of directors resolved in February 2023 to issue the Company’s second share
options plan and granted 150,000 thousand share units. Each unit represents the right to purchase one
newly issued ordinary share of the Company when exercised, which amounted to 150,000 thousand
shares
b. Employee restricted stock awards plan of the Company
To attract and retain talents as well as motivate and engage employees, the Company’s annual
shareholders’ meetings resolved the 2021 employee restricted stock awards plan in August 2021 and
granted 15,000 thousand ordinary shares on the record date of October 1, 2021. The par value and the
exercise price was NT$10 and NT$0 per share, respectively. The fair value at the grant day was
NT$92.4 per share.
The vested shares are settled and released on an annual basis during a three-year period starting from
October 1, 2021. Up to one-thirds of the total shares granted will be vested only after the Company
reaching specific performance targets before the end of each year-period. Except for inheritance, those
shares shall not be sold, pledged, transferred, gifted, conditioned, or otherwise dispose of before vest,
while the rights of attending, proposing, speaking, voting and election at shareholders meeting and other
rights, including but not limited to, stock dividend, cash dividend, distribution from legal reserve and
capital surplus, share options at cash capital increase are identical with the Company’s ordinary shares
issued and outstanding. All the shares under this plan should be deposited in a trust account before vest.
After the grant date, the Company has the right to revoke and cancel those unvested shares. The
dividends (including cash dividends, stock dividends, and the cash or the shares distributed from legal
reserve or capital surplus) entitled to those unvested shares and interests derived therefrom shall be
returned to the Company from the trust account at the same time.
- 81 -
Information about employee restricted stock was as follows:

2022 2021
(in thousand (in thousand
shares) shares)
Balance at January 1 15,000 -

Stocks granted - 15,000
Stocks unrestricted (5,000) -
c. Employee share option plans of subsidiaries
USISH
Under the share option plan issued in 2015 (“2015 share options”), each unit represents the right to
purchase one ordinary share of USISH when exercised. The options are valid for 10 years,
non-transferable and exercisable at certain percentages subsequent to the second anniversary of the
grant date incorporated with certain performance conditions. For any subsequent changes in USISH’s
capital structure, the exercise price is accordingly adjusted.
In November 2019, USISH adopted the first share option plan (“2019 share options”) and granted
17,167 thousand share options to its employees. Each unit represents the right to purchase one ordinary
share of USISH when exercised. The options are valid for 3.0 years, 4.0 years and 5.0 years,
respectively, and are exercisable at certain percentages within 12 months subsequent to the second, the
third and the fourth anniversary of the grant date under the satisfaction of certain performance
conditions within each respective vesting period. In the event that USISH increases share capital by
capital surplus or by cash, or distributes share dividends or cash dividends, the exercisable share option
units and the exercise price are accordingly adjusted.
In September 2020, USISH adopted the second share option plan (“2020 share options”) and granted
1,140 thousand share options to its employees. The conditions of issued 2020 share options are the
same as 2019 share options plan, except that the options are valid for 2.2 years, 3.2 years and 4.2 years,
respectively, and with each respective vesting period of 1.2 years, 2.2 years and 3.2 years.
Information about share options was as follows:
For the Year Ended December

2022 2021
Thousands) (RMB) Thousands) (RMB)

Options expired (2,312) 13.9 - -
Options forfeited (942) 13.0 (952) 14.5
Options exercised (5,986) 12.8 (828) 13.8
Options exercisable, end of year 15,518 15.0 19,249 14.8
- 82 -
Information about USISH’s outstanding share options at each balance sheet date was as follows:
Range of
(RMB) Life (Years)
December 31, 2022
2015 share options $ 15.5 2.9

2019 share options 12.4 1.9
December 31, 2021

AMPI
In May 2021, the authority approved AMPI’s employee share options plan with the issuance up to
10,000 thousand units. The options are valid for 10 years, non-transferable and exercisable at certain
percentages subsequent to the second anniversary of the grant date. For any subsequent changes in
AMPI’s capital structure, the exercise price will be adjusted accordingly. AMPI’s board of directors
resolved a capital reduction which record date was determined at July 25, 2022, and the exercise price
of its share options was adjusted from NT$7.5 to NT$30 accordingly.
Information about share options was as follows:
2022
Number of Exercise
Options Price
(In Thousands) Per Share
Balance at January 1 - $ -
Options granted 3,100 30.0
Balance at December 31 3,100 30.0
Options exercisable, end of year - -
Weighted-average fair value of options granted ($) 18.0-18.8
Information about AMPI’s outstanding share options at each balance sheet date was as follows:
Range of Remaining
Exercise Price Contractual
Per Share Life (Years)
December 31, 2022
- 83 -
d. Employee restricted share plans of subsidiaries
In November 2019, USISH adopted the first restricted share plan (“2019 restricted stocks”) and granted
6,156 thousand ordinary shares to its directors (excluding independent directors), supervisors and
employees. In April 2020, the board of directors further resolved to grant 6,403 thousand ordinary
shares instead, while other terms remain constant. The plan was of 3 phases starting from 2019 and each
phase lasts for 1 year with a valid period of 4.5 years, 3.5 years and 2.5 years, respectively. Upon
satisfaction of certain performance conditions in each phase, participants are entitled to subscribe a
certain percentage of the total USISH’s ordinary shares issued under the plan with a lock-up period of 1
year. The valid period may be early terminated or extended prior to one month of the expiration date
depending on the conditions of ordinary shares granted. In the event that USISH increases share capital
by capital surplus or by cash, or distributes share dividends or cash dividends, the exercise price is
accordingly adjusted.
In September 2020, USISH adopted the second restricted share plan (“2020 restricted stocks”) and
granted 425 thousand ordinary shares to its employees. The conditions of issued 2020 restricted stocks
are the same as 2019 restricted stocks plan, except that the restricted stocks are valid for 2 years and the
ordinary shares that USISH would issue to participants for free are with a lock-up period of 1.3 year.
In September 2021, USISH adopted the third restricted share plan (“2021 restricted stocks”) and
granted 281 thousand ordinary shares to its expatriate staff. The conditions of issued 2021 restricted
stocks are the same as 2020 restricted stocks plan.
Information about restricted stocks was as follows:
For the Year Ended December

2022 2021
Thousands) (RMB) Thousands) (RMB)

Options granted - - 281 -
Options expired (4) - - -
Options exercised (395) - (1,780) 12.7
Options forfeited (1,182) 12.2 (483) 12.1
Options exercisable, end of year 1,715 12.4 - -
Fair value of options granted (RMB) $ - $ 11.78
Information about USISH’s outstanding restricted stocks at each balance sheet date was as follows:
Range of
(RMB) Life (Years)
December 31, 2022
2019 restricted stocks $ 12.4 1.3

2021 restricted stocks - 0.7
(Continued)
- 84 -
Range of
(RMB) Life (Years)
December 31, 2021
2019 restricted stocks $ 12.7 2.3

(Concluded)
The Group’s shareholdings in USISH decreased because the abovementioned share option plans and
restricted share plan were exercised in 2022 and 2021 The transaction was accounted for as an equity
transaction since the Group did not cease to have control over USISH and, as a result, capital surplus
increased by NT$125,049 thousand in 2022 and NT$$58,448 thousand in 2021.
e. Fair value information
The fair values at the grant date and the record date of capital reduction of AMPI’s 2022 share options
plan were measured by using the trinomial tree model. The fair values at the grant date of USISH’s
2021 restricted stocks plan were measured by using the Black-Scholes Option Pricing Model
incorporating the effect of the lock-up period. The inputs to the models were as follows:
AMPI’s 2022 share options plan
2022 share
2022 share options plan after
options plan capital reduction
Share price at the grant date NT$7.5 per share NT$30.2 per share
Exercise price NT$7.5 per share NT$30.0 per share
Expected volatility (%) 65.35-67.78 65.85-67.29
Expected lives (years) 6.0-7.0 5.8-6.8
Expected dividend yield - -
Risk free interest rate (%) 1.15-1.19 1.11-1.15
USISH’s 2021 restricted stocks plan
2021 restricted
stocks plan
Share price at the grant date RMB14.65 per share

Exercise price (Note)
Expected volatility (%) 47.15
Lock-up periods (years) 1.3
Expected dividend yield -
Risk free interest rate (%) 2.34
Note: The restricted stocks plan is to transfer ordinary shares for free upon satisfaction of certain
performance conditions prior to the expiration.
Expected volatilities were based on the annualized volatilities of AMPI’s and USISH’s historical share
prices.
- 85 -
For the years ended December 31, 2022 and 2021, employee benefits expense recognized on the
aforementioned employee share options plans and the restricted shares/stocks plans were NT$989,843
thousand and NT$699,210 thousand, respectively.
29. BUSINESS COMBINATIONS
a. Subsidiaries acquired
Proportion of
Voting Equity
Interests Consideration
Subsidiary Principal Activity Date of Acquisition Acquired (%) Transferred
ITGEU Trading company October 21, 2021 100.00 $ 50,368

SER Engaged in the design November 2, 2021 100.00 $ 217,919
and manufacturing of
electronic components
b. Consideration Transferred
ITGEU SER
NT$ NT$
Cash $ 50,368 $ 217,919
In November 2021, the Group’s subsidiary, ASTEELFLASH FRANCE, acquired 100% shareholdings
of SER and obtained control over SER. In November 2021, the board of directors of ASTEELFLASH
FRANCE further resolved to merge SER. December 28, 2021 was the record date for the merger and
such merger was completed.
c. Assets acquired and liabilities assumed at the date of acquisition
ITGEU SER
NT$ NT$
Assets
Cash and cash equivalents $ 68,719 $ 18,850
Trade and other receivables 41,832 40,671
Inventories - 375,912
Property, plant and equipment 94 37,672
Intangible assets 32 368
Others 2,828 186,377
Liabilities
Trade and other payables (29,165) (214,883)
Others (858) (227,048)
Fair value of identifiable net assets acquired $ 83,482 $ 217,919
- 86 -
d. Goodwill recognized on acquisitions or gain recognized in bargain purchase transaction
ITGEU SER
NT$ NT$
Consideration transferred $ 50,368 $ 217,919

Less: Fair value of identifiable net assets
acquired (83,482) (217,919)
Goodwill recognized on acquisition (gain

recognized in bargain purchase
transaction) $ (33,114) $ -
e. Net cash outflow (inflow) on acquisition of subsidiaries
ITGEU SER
NT$ NT$
Consideration paid in cash $ 50,368 $ 217,919

Less: Cash and cash equivalent acquired (68,719) (18,850)
Net cash outflow (inflow) on acquisition of

subsidiaries $ (18,351) $ 199,069
f. Impact of acquisitions on the results of the Group
The results of operations since the acquisition date were included in the consolidated statements of
comprehensive income and were as follows:
ITGEU (For the SER (For the

Period from Period from
October 21, 2021 November 2,
through 2021 through
December 31, December 31,
2021) 2021)
NT$ NT$
Operating revenue $ 75,221 $ 225,017

Net profit (loss) $ (4,593) $ (508)
Had the abovementioned business combinations been in effect at the beginning of each annual reporting
period and the investments originally accounted for using the equity method been remeasured to their
fair value as of January 1 of each respective annual reporting period, the Group’s operating revenues
and profit for the year ended December 31, 2021 would have been NT$570,363,380 thousand and
NT$66,041,297 thousand, respectively. This pro-forma information is for illustrative purposes only and
is not necessarily an indication of the operating revenue and results of operations of the Group that
actually would have been achieved had the acquisition been completed at the beginning of each annual
reporting period, nor is it intended to be a projection of future results.
In determining the pro-forma operating revenue and profit for the period had each subsidiary been
acquired at the beginning of each respective annual reporting period, the Group has calculated the
depreciation of property, plant and equipment and the amortization of intangible assets acquired on the
basis of the fair values at the initial accounting for the business combination rather than the carrying
amounts recognized in the respective pre-acquisition financial statements.
- 87 -
30. DISPOSAL OF SUBSIDIARIES
The board of directors of the Company resolved in December 2021 to dispose its 100% shareholdings in
GAPT Holding Limited (including its subsidiaries) and ASEKS (collectively, “GAPT Holding and
ASEKS”). The disposal was completed in December 2021 and the control over GAPT Holding and ASEKS
was transferred to the acquirer.
a. Analysis of assets and liabilities on the date control was lost
2021
GAPT Holding
and ASEKS
NT$
Current Assets
Cash and cash equivalent $ 2,625,715
Trade and other receivables 4,505,531
Inventories 2,284,880
Other current assets 1,215,992
Non-Current Assets
Property, plant and equipment 16,693,129
Right-of-use assets 181,855
Investment property 787,250
Goodwill 310,711
Deferred tax assets 659,972
Other non-current assets 308,500
Current Liabilities
Short-term borrowings (2,443,005)
Trade and other payables (5,949,592)
Other current liabilities (647,027)
Non-Current Liabilities
Deferred tax liabilities (200,899)
Lease liabilities – non-current (8,150)
Other non-current liabilities (156,863)
Net assets disposed of $ 20,167,999
b. Gain on disposal of subsidiaries
2021
GAPT Holding
and ASEKS
NT$
Total consideration (paid in cash) $ 36,939,133

Net assets disposed of (20,167,999)
Reclassification of accumulated exchange difference from equity
to profit or loss due to the loss of control 569,284
Gain on disposals $ 17,340,418
- 88 -
c. Net cash inflow on disposals of subsidiaries
2021
GAPT Holding
and ASEKS
NT$
Consideration received in cash and cash equivalents $ 36,939,133

Less: Cash and cash equivalent balances disposed of (2,625,715)
Other receivables (Note) (the outstanding receivables of
consideration, net of relevant expenditure) (10,533,600)
$ 23,779,818
The due date of the abovementioned other receivables in relation with GAPT Holding and ASEKS,
originally scheduled to be the business day following the expiration of 6 months from the settlement
date, was postponed to the business day following the expiration of 15 months from the settlement date,
which was March 17, 2023, by the resolution of the board of directors and the agreement with the
counterparty.
31. EQUITY TRANSACTION WITH NON-CONTROLLING INTERESTS
a. USISH
In September 2022 and 2021, USISH repurchased its own 9,356 thousand and 16,042 thousand
outstanding ordinary shares, respectively, and made the Group’s shareholdings of USISH increased.
The transaction was accounted for as an equity transaction since the transaction did not change the
Group’s control over USISH and, as a result, the Group’s capital surplus was then decreased by
NT$8,963 thousand and NT$11,277 thousand, respectively, and retained earnings was then decreased
by NT$211,184 thousand and NT$436,927 thousand, respectively.
b. USIE
In December 2021, the shareholders’ meeting of USIE resolved to repurchase its own 9,137 thousand
outstanding ordinary shares at US$17.20 per share, and made the Group’s shareholdings of USIE
increased from 95.85% to 100.00%. The transaction was accounted for as an equity transaction since
the transaction did not change the Group’s control over USIE and, then, capital surplus and retained
earnings were decreased by NT$47,171 thousand and NT$2,093,787 thousand, respectively, in the
fourth quarter of 2021. In December 2021, the board of directors of USIE resolved that December 22,
2021 was the record date for capital reduction and the repurchased ordinary shares were subsequently
cancelled.
32. CASH FLOW INFORMATION
a. Non-cash investing activities
In addition to other notes, the Group entered into the following investing activities which include both
cash and non-cash items for the years ended December 31, 2022 and 2021:

2022 2021
NT$ NT$
Payments for property, plant and equipment

Purchase of property, plant and equipment $ 75,800,574 $ 74,417,541
(Continued)
- 89 -
2022 2021
NT$ NT$
Increase (decrease) in other non-current assets $ (5,480) $ 1,184,927

increase in other payables (3,096,926) $ (4,671,228)
Capitalized borrowing costs (58,263) (25,581)
$ 72,639,905 $ 70,905,659
Proceeds from disposal of property, plant and equipment

Consideration from disposal of property, plant and equipment $ 612,213 $ 1,128,850
Increase (decrease) in other non-current assets 134,760 (134,760)
Increase in other receivables 2,784 610,912
$ 749,757 $ 1,605,002
(Concluded)
b. Changes in liabilities arising from financing activities
Short-term Long-term
borrowings borrowings
(including financial Bonds (including financial Lease
liabilities for hedging) payable liabilities for hedging) liabilities Total
NT$ NT$ NT$ NT$ NT$
Balance at January 1, 2022 $ 41,036,429 $ 52,267,337 $ 126,472,490 $ 7,399,884 $ 227,176,140

Net financing cash flows 1,866,253 (3,539,423) (29,516,421) (1,035,019) (32,224,610)
Interest under operating activities - - - 1,394 1,394
Rent expense under operating activities - - - (1,904) (1,904)
Equity components of convertible bonds and
embedded derivative liability - (1,092,004) - - (1,092,004)
Non-cash changes
Additions to lease liabilities - - - 1,379,342 1,379,342
Amortization of issuance cost - 182,759 114,687 - 297,446
Convertible bonds issued by subsidiaries
and converted to ordinary shares - (171) - - (171)
Lease modifications - - - (117,549) (117,549)
Adjustments for government subsidy - - (46,672) -) (46,672)
Long-term borrowings transferred to
short-term borrowings 1,522,294 - (1,522,294) - -
Effects of foreign currency exchange 2,306,154 31,826 4,487,661) 82,339 6,907,980)
Balance at December 31, 2022 $ 46,731,130 $ 47,850,324 $ 99,989,451 $ 7,708,487 $ 202,279,392
liabilities for hedging) payable liabilities for hedging) liabilities Total
NT$ NT$ NT$ NT$ NT$
Balance at January 1, 2021 $ 34,597,858 $ 56,253,554 $ 112,390,724 $ 5,875,830 $ 209,117,966

Net financing cash flows 10,043,398 (3,719,057) 16,018,825 (907,403) 21,435,763
Interest under operating activities - - - 800 800
Rent expense under operating activities - - - (184) (184)
Equity components of convertible bonds and
embedded derivative liability - (399,955) - - (399,955)
Non-cash changes
Additions to lease liabilities - - - 2,037,665 2,037,665
Amortization of issuance cost - 126,283 224,979 - 351,262
Convertible bonds issued by subsidiaries
and converted to ordinary shares - (102) - - (102)
(Continued)
- 90 -
liabilities for hedging) payable liabilities for hedging liabilities Total
NT$ NT$ NT$ NT$ NT$
Lease modifications $ - $ - $ - $ (58,799) $ (58,799)

Acquisition of subsidiaries (Note 29) - - - 180,745 180,745
Disposal of subsidiaries (Note 30) (2,443,005) - - (32,655) (2,475,660)
Reclassification - - - 380,292 380,292
Effects of foreign currency exchange (1,161,822) 6,614 (2,162,038) (76,407 ) (3,393,653)
Balance at December 31, 2021 $ 41,036,429 $ 52,267,337 $ 126,472,490 $ 7,399,884 $ 227,176,140

(Concluded)
c. Total taxes paid

2022 2021
NT$ NT$
Operating activities $ 14,250,527 $ 7,423,947

Investing activities 842,440 570,700
$ 15,092,967 $ 7,994,647
33. CAPITAL MANAGEMENT
The capital structure of the Group consists of debt and equity. The Group manages its capital to ensure that
entities in the Group will be able to continue as going concerns while maximizing the return to shareholders
through the optimization of the debt and equity balance. Key management personnel of the Group
periodically reviews the cost of capital and the risks associated with each class of capital. In order to
balance the overall capital structure, the Group may adjust the amount of dividends paid to shareholders,
the number of new shares issued or repurchased, and the amount of new debt issued or existing debt
redeemed.
The Group is not subject to any externally imposed capital requirements except those discussed in Note 20.
34. FINANCIAL INSTRUMENTS
a. Fair value of financial instruments that are not measured at fair value
1) Fair value of financial instruments not measured at fair value but for which fair value is disclosed
Except bonds payable measured at amortized cost, the management considered that the carrying
amounts of financial assets and financial liabilities not measured at fair value approximate their fair
values. The carrying amounts and fair value of bonds payable as of December 31, 2022 and 2021,
respectively, were as follows:
Carrying
Amount Fair Value
NT$ NT$
December 31, 2022 $ 47,850,324 $ 47,027,018

December 31, 2021 $ 52,267,337 $ 52,429,758
- 91 -
2) Fair value hierarchy
The aforementioned fair value hierarchy of bonds payable was Level 3 which was determined based
on discounted cash flow analysis with the applicable yield curve for the duration. The significant
unobservable inputs is discount rates that reflected the credit risk.
b. Fair value of financial instruments that are measured at fair value on a recurring basis
1) Fair value hierarchy
Level 1 Level 2 Level 3 Total

NT$ NT$ NT$ NT$
December 31, 2022
Financial assets at FVTPL

Derivative financial assets
Swap contracts $ - $ 3,205,828 $ - $ 3,205,828
Forward exchange
contracts - 246,710 - 246,710
Non-derivative financial
assets
Quoted ordinary shares 2,521,964 - - 2,521,964
Private-placement funds - - 1,599,932 1,599,932
Unquoted preferred
shares - - 628,156 628,156
Contingent
considerations - - 438,176 438,176
Open-end mutual funds 293,385 - - 293,385
$ 2,815,349 $ 3,452,538 $ 2,666,264 $ 8,934,151
Financial assets at FVTOCI

Investments in equity
instruments
Unquoted ordinary
shares $ - $ - $ 419,491 $ 419,491
Quoted ordinary shares 45,683 - - 45,683
Unquoted preferred
shares - - 13,883 13,883
Limited partnership - - 3,502 3,502
Investments in debt
instruments
Unsecured subordinate
corporate bonds - - 1,059,712 1,059,712
Trade receivables, net - - 5,402,714 5,402,714
$ 45,683 $ - $ 6,899,302 $ 6,944,985
Financial liabilities at FVTPL

Derivative financial
liabilities
Swap contracts $ - $ 543,547 $ - $ 543,547
Forward exchange
contracts - 83,213 - 83,213
$ - $ 626,760 $ - $ 626,760
(Continued)
- 92 -
Level 1 Level 2 Level 3 Total
NT$ NT$ NT$ NT$
December 31, 2021
Financial assets at FVTPL

Derivative financial assets
Swap contracts $ - $ 85,629 $ - $ 85,629
Forward exchange
contracts - 23,373 - 23,373
Call option and put
option of convertible
bonds - 8,463 - 8,463
Target redemption
forward contracts - 500 - 500
Non-derivative financial
assets
Quoted ordinary shares 2,683,193 - - 2,683,193
Private-placement funds - - 1,322,686 1,322,686
Unquoted preferred
shares - - 583,270 583,270
Contingent
considerations - - 394,943 394,943
Open-end mutual funds 334,223 - - 334,223
$ 3,017,416 $ 117,965 $ 2,300,899 $ 5,436,280
Financial assets at FVTOCI

Investments in equity
instruments
Unquoted ordinary
shares $ - $ - $ 820,779 $ 820,779
Quoted ordinary shares 102,124 - - 102,124
Unquoted preferred
shares - - 11,245 11,245
Limited partnership - - 9,206 9,206
Investments in debt
instruments
Unsecured subordinate
corporate bonds - - 1,076,458 1,076,458
Trade receivables, net - - 6,092,462 6,092,462
$ 102,124 $ - $ 8,010,150 $ 8,112,274
Financial liabilities at FVTPL

Derivative financial
liabilities
Swap contracts $ - $ 360,797 $ - $ 360,797
Forward exchange
contracts - 56,863 - 56,863
$ - $ 417,660 $ - $ 417,660
(Concluded)
For the financial assets and liabilities that were measured at fair value on a recurring basis, there
were no transfers between Level 1 and Level 2 of the fair value hierarchy during the years ended
December 31, 2022 and 2021.
- 93 -
2) Reconciliation of Level 3 fair value measurements of financial assets
Financial Assets at FVTPL Financial Assets at FVTOCI

Equity Debt Equity Debt
Financial Assets Instruments Instruments Instruments Instruments Total
NT$ NT$ NT$ NT$ NT$
Balance at January 1 $2,300,899 $ - $ 841,231 $ 7,168,920 $ 10,311,050

Recognized in profit or loss 100,134 605 - - 100,739
Recognized in other comprehensive income
Included in unrealized losses on financial assets
at FVTOCI - - (366,862) (16,746) (383,608 )
Effects of foreign currency exchange 195,415 - 5,558 - 200,973
Net increase (decrease) in trade receivables - 4,330,075 - (674,112) 3,655,963
Trade receivables factoring - (4,330,075) - (15,636) (4,345,711 )
Purchases 338,016 14,325 20,000 - 372,341
Disposals (268,200) (14,930) (63,051) - (346,181)
Balance at December 31 $ 2,666,264 $ - $ 436,876 $ 6,462,426 $ 9,565,566
Financial Assets at FVTPL Financial Assets at FVTOCI

Equity Debt Equity Debt
Financial Assets Instruments Instruments Instruments Instruments Total
NT$ NT$ NT$ NT$ NT$
Balance at January 1(retrospectively adjusted) $ 1,897,984 $ - $ 728,398 $ 1,639,149 $ 4,265,531

Recognized in profit or loss 131,276 - - - 131,276
Recognized in other comprehensive income
Included in unrealized losses on financial assets
at FVTOCI - - 129,726 63,722 193,448
Effects of foreign currency exchange (79,614) - (4,508) - (84,122)
Net increase in trade receivables - 3,269,782 - 14,940,539 18,210,321
Trade receivables factoring - (3,269,782) - (9,474,490) (12,744,272)
Purchases 459,046 - 32,246 - 491,292
Disposals (107,793) - (14,873) - (122,666)
Reclassify - - (29,758) - (29,758)
Balance at December 31 $2,300,899 $ - $ 841,231 $ 7,168,920 $ 10,311,050
3) Valuation techniques and assumptions applied for the purpose of measuring fair value
a) Valuation techniques and inputs applied for the purpose of measuring Level 2 fair value
measurement
Financial Instruments Valuation Techniques and Inputs
Derivatives - swap contracts and Discounted cash flows - Future cash flows are estimated
forward exchange contracts based on observable forward exchange rates at balance
sheet dates and contract forward exchange rates,
discounted at rates that reflected the credit risk of various
counterparties.
Derivatives - redemption option Option pricing models - Use of present value techniques and
and put option of convertible reflect the time value and intrinsic value of redemption
bonds option and put option.
Target redemption forward Valuation based on the spot exchange rate on the valuation
contracts date, the exercise price, the volatility in exchange rate, the
contract period and the quoted risk free interest rate
during the contract period.
- 94 -
b) Valuation techniques and inputs applied for the purpose of measuring Level 3 fair value
measurement
The fair value of unquoted ordinary shares, unquoted preferred shares, limited partnership and
private-placement funds were determined by using market approach and asset-based approach.
The significant unobservable inputs were the discount rates for lack of marketability of 10% to
20%. If the discount rates for lack of marketability to the valuation model increased by 1% to
reflect reasonably possible alternative assumptions while all other variables held constant, the
fair value of the abovementioned investments would have decreased approximately by
NT$6,600 thousand and NT$19,300 thousand as of December 31, 2022 and 2021, respectively.
The fair values of the unsecured subordinate corporate bonds were determined using income
approach based on a discounted cash flow analysis. The significant unobservable input was the
discount rate that reflects the credit risk of the counterparty. If the discount rate increased by
0.1% while all other variables held constant, the fair value of the bonds would have decreased
approximately by NT$3,000 thousand and NT$4,000 thousand as of December 31, 2022 and
2021, respectively.
The fair value of accounts receivables measured at FVTOCI are determined based on the
present value of future cash flows that reflect the credit risk of counterparties. Since the discount
effect was not significant, the Group measured its fair value by using the nominal values.
The fair value of the contingent considerations were determined by using the Monte Carlo
Simulation method. If the estimated net profit margin fails to reach the performance specified in
the agreement, the Group could receive the contingent considerations according to the
agreement.
c. Categories of financial instruments
December 31
2022 2021
NT$ NT$
Financial assets
FVTPL
Mandatorily at FVTPL $ 8,934,151 $ 5,436,280
Measured at amortized cost (Note 1) 188,733,772 200,732,680
FVTOCI
Equity instruments 482,559 943,354
Debt instruments 1,059,712 1,076,458
Trade receivables, net 5,402,714 6,092,462
Financial liabilities
FVTPL
Held for trading 626,760 417,660
Financial liabilities for hedging 12,204,620 11,497,896
Measured at amortized cost (Note 2) 318,478,685 339,445,544
Note 1: The balances included financial assets measured at amortized cost which comprised cash and
cash equivalents, trade and other receivables and other financial assets.
Note 2: The balances included financial liabilities measured at amortized cost which comprised
short-term borrowings, trade and other payables, bonds payable and long-term borrowings.
- 95 -
d. Financial risk management objectives and policies
The derivative instruments used by the Group were to mitigate risks arising from ordinary business
operations. All derivative transactions entered into by the Group were designated as either hedging or
trading. Derivative transactions entered into for hedging purposes must hedge risk against fluctuations
in foreign exchange rates and interest rates arising from operating activities. The currencies and the
amount of derivative instruments held by the Group must match its hedged assets and liabilities
denominated in foreign currencies.
The Group’s risk management department monitored risks to mitigate risk exposures, reported unsettled
position, transaction balances and related gains or losses to the Group’s chief financial officer on
monthly basis.
1) Market risk
The Group’s activities exposed it primarily to the financial risks of changes in foreign currency
exchange rates and interest rates. Gains or losses arising from fluctuations in foreign currency
exchange rates of a variety of derivative financial instruments were approximately offset by those of
hedged items. Interest rate risk was not significant due to the cost of capital was expected to be
fixed.
There had been no change to the Group’s exposure to market risks or the manner in which these
risks were managed and measured.
a) Foreign currency exchange rate risk
The Group had sales and purchases as well as financing activities denominated in foreign
currency which exposed the Group to foreign currency exchange rate risk. The Group entered
into a variety of derivative financial instruments to hedge foreign currency exchange rate risk to
minimize the fluctuations of assets and liabilities denominated in foreign currencies.
The carrying amounts of the Group’s foreign currency denominated monetary assets and
liabilities (including those eliminated upon consolidation) as well as derivative instruments
which exposed the Group to foreign currency exchange rate risk at each balance sheet date are
presented in Note 39.
The Group was mainly subject to the impact from the exchange rate fluctuation in US$ and JPY
against NT$, RMB or EUR. 1% fluctuation is used when reporting foreign currency exchange
rate risk internally to key management personnel and represents management’s assessment of
the reasonably possible change in foreign currency exchange rates. The sensitivity analysis
included financial assets and liabilities and inter-company receivables and payables within the
Group. The changes in profit before income tax due to a 1% change in US$ and JPY against
NT$, RMB and EUR would be NT$60,000 thousand and NT$38,000 thousand for the years
ended December 31, 2022 and 2021, respectively. Hedging contracts and hedged items have
been taken into account while measuring the changes in profit before income tax. The
abovementioned sensitivity analysis mainly focused on the foreign currency monetary items at
each balance sheet date. As the year-end exposure did not reflect the exposure for the years
ended December 31, 2022 and 2021, the abovementioned sensitivity analysis was
unrepresentative of those respective years.
Hedge accounting
The Group’s hedging strategy was to lift borrowings denominated in foreign currencies to avoid
exchange rate exposure from its investments in equity instruments denominated in foreign
currencies (recognized under the line item of financial assets at FVTPL) and net investment in
foreign subsidiary, USIFR, which has EUR as its functional currency. Those transactions were
- 96 -
designated as fair value hedges and a hedge of net investment in foreign operation, respectively.
Hedge adjustments were made to totally offset the foreign exchange gains or losses from those
equity instruments denominated in foreign currencies and foreign operations when they were
evaluated based on the exchange rates on each balance sheet date.
The source of hedge ineffectiveness in these hedging relationships arose from the material
difference between the notional amounts of borrowings denominated in foreign currencies and
the fair value of investments in equity instruments denominated in foreign currencies and net
investment in foreign operations. No other sources of ineffectiveness is expected to emerge
from these hedging relationships.
December 31, 2022
Hedging Instrument/ Line item in Carrying Amount

Hedged Items Balance sheet Asset Liability
NT$ NT$
Fair value hedge

Borrowings denominated in $ - $ 3,278,805
foreign currencies/ Financial liabilities for
Financial assets at FVTPL hedging – current
Hedge of net investment in Financial liabilities for - 8,925,815
foreign operation hedging – current
Carrying Accumulated
Amount of Amount of Fair
Hedged Item in Value Hedge
Change in Value Used for Accumulated Gains or Fair Value Adjustments on
Calculating Hedge Ineffectiveness Losses in Other Equity Hedge Hedged Item
Hedge
Hedging Instrument / Hedging Continuing Accounting No
Hedged Item Instrument Hedged Item Hedges Longer Applied Asset Asset
Fair value hedge

Borrowings denominated in $ (323,884) $ 323,884 $ - $ - $ 2,282,343 $ 87,522
foreign currencies/
Financial assets at
FVTPL
Hedge of net investment in (509,229) 509,229 ) 673,005 - - -)
foreign operation
December 31, 2021
Hedging Instrument/ Line item in Carrying Amount

Hedged Items Balance sheet Asset Liability
NT$ NT$
Fair value hedge

Borrowings denominated in $ - $ 2,954,921
foreign currencies/ Financial liabilities for
Financial assets at FVTPL hedging – current
foreign operation hedging – current
foreign operation hedging – non-current
- 97 -
Carrying Accumulated
Amount of Amount of Fair
Hedged Item in Value Hedge
Change in Value Used for Accumulated Gains or Fair Value Adjustments on
Calculating Hedge Ineffectiveness Losses in Other Equity Hedge Hedged Item
Hedge
Hedging Instrument/ Hedging Continuing Accounting No
Hedged Item Instrument Hedged Item Hedges Longer Applied Asset Asset
Fair value hedge

Borrowings denominated in $ 94,145) $ (94,145) $ - $ - $ 2,318,517 $ (236,362)
foreign currencies/
Financial assets at
FVTPL
Hedge of net investment in (738,600) 738,600)) 163,776) - - -)
foreign operation
b) Interest rate risk
Except a portion of long-term borrowings and bonds payable at fixed interest rates, the Group
was exposed to interest rate risk because group entities borrowed funds at floating interest rates.
Changes in market interest rates led to variances in effective interest rates of borrowings from
which the future cash flow fluctuations arise. The Group utilized financing instruments with low
interest rates and favorable terms to maintain low financing cost, adequate banking facilities, as
well as to hedge interest rate risk.
The carrying amounts of the Group’s financial assets and financial liabilities with exposure to
interest rates at each balance sheet date were as follows:
December 31
2022 2021
NT$ NT$
Fair value interest rate risk

Financial assets $ 16,434,562 $ 5,474,105
Financial liabilities 91,152,265 76,206,394
Cash flow interest rate risk

Financial assets 41,964,775 69,654,969
Financial liabilities 121,370,564 165,557,225
For assets and liabilities with floating interest rates, a 100 basis point increase or decrease was
used when reporting interest rate risk internally to key management personnel. If interest rates
had been 100 basis points (1%) higher or lower and all other variables held constant, the
Group’s profit before income tax for the years ended December 31, 2022 and 2021 would have
decreased or increased approximately by NT$794,000 thousand and NT$959,000 thousand,
respectively.
c) Other price risk
The Group was exposed to equity price risk through its investments in financial assets at
FVTPL and financial assets at FVTOCI. If equity price was 1% higher or lower, profit before
income tax for the years ended December 31, 2022 and 2021 would have increased or decreased
approximately by NT$50,000 thousand and NT$49,000 thousand, respectively, and other
comprehensive income before income tax for the years ended December 31, 2022 and 2021
would have increased or decreased approximately by NT$5,000 thousand and NT$9,000
thousand, respectively.
- 98 -
2) Credit risk
Credit risk refers to the risk that counterparty will default on its contractual obligations resulting in
financial loss to the Group. The Group’s credit risk arises from cash and cash equivalents, contract
assets trade and other receivables and other financial assets. The Group’s maximum exposure to
credit risk was the carrying amounts of financial assets in the consolidated balance sheets.
As of December 31, 2022 and 2021, the Group’s five largest customers accounted for 30% and 33%
of trade receivables, respectively. The Group transacts with a large number of unrelated customers
and, thus, no concentration of credit risk was observed.
3) Liquidity risk
The Group manages liquidity risk by maintaining adequate working capital and banking facilities to
fulfill the demand for cash flow used in the Group’s operation and capital expenditure. The Group
also monitors its compliance with all the loan covenants. Liquidity risk is not considered to be
significant.
In the table below, financial liabilities with a repayment on demand clause were included in the
earliest time band regardless of the probability of counter-parties choosing to exercise their rights.
The maturity dates for other non-derivative financial liabilities were based on the agreed repayment
dates.
To the extent that interest flows are floating rate, the undiscounted amounts were derived from the
interest rates at each balance sheet date.
December 31, 2022
On Demand or
Less than 3 Months to More than
1 Month 1 to 3 Months 1 Year 1 to 5 Years 5 Years
NT$ NT$ NT$ NT$ NT$
Non-derivative financial liabilities
Non-interest bearing $ 65,356,106 $ 33,887,460 $ 11,145,612 $ 20,498 $ 74,643

Obligation under leases 120,733 201,686 790,427 2,685,977 5,147,266
Floating interest rate liabilities 9,251,237 10,982,036 9,652,804 93,837,521 5,648,699
Fixed interest rate liabilities 12,530,681 9,209,134 9,055,918 44,756,570 29,280
$ 87,258,757 $ 54,280,316 $ 30,644,761 $141,300,566 $ 10,899,888
Further information for maturity analysis of obligation under leases was as follows:
Less than More than

1 Year 1 to 5 Years 5 to 10 Years 10 to 15 Years 15 to 20 Years 20 Years
Obligation under leases $ 1,112,846 $ 2,685,977 $ 1,536,779 $ 939,751 $ 881,803 $ 1,788,933
December 31, 2021

On Demand or
Less than 3 Months to More than
1 Month 1 to 3 Months 1 Year 1 to 5 Years 5 Years
NT$ NT$ NT$ NT$ NT$
Non-derivative financial liabilities
Non-interest bearing $ 52,353,176 $ 48,140,652 $ 10,216,253 $ 291,480 $ 114,201

Obligation under leases 84,978 157,710 687,144 2,585,624 4,929,602
Floating interest rate liabilities 12,565,548 5,180,527 13,416,893 112,493,242 7,494,670
Fixed interest rate liabilities 10,262,781 3,093,668 12,978,593 43,555,458 5,479,867
$ 75,266,483 $ 56,572,557 $ 37,298,883 $158,925,804 $ 18,018,340
- 99 -
Further information for maturity analysis of obligation under leases was as follows:
Less than More than

1 Year 1 to 5 Years 5 to 10 Years 10 to 15 Years 15 to 20 Years 20 Years
Obligation under leases $ 929,832 $ 2,585,625 $ 1,731,995 $ 883,335 $ 802,765 $ 1,511,507
The amounts included above for floating interest rate instruments for non-derivative financial
liabilities were subject to change if changes in floating interest rates differ from those estimates of
interest rates determined at each balance sheet date.
The following table detailed the Group’s liquidity analysis for its derivative financial instruments.
The table was based on the undiscounted contractual net cash inflows and outflows on derivative
instruments settled on a net basis, and the undiscounted gross cash inflows and outflows on those
derivatives that require gross settlement. When the amounts payable or receivable are not fixed, the
amounts disclosed have been determined by reference to the projected interest rates as illustrated by
the yield curves at each balance sheet date.
On Demand or
Less than 3 Months to
1 Month 1 to 3 Months 1 Year
NT$ NT$ NT$
December 31, 2022
Net settled
Forward exchange contracts $ (11,136) $ 11,994 $ -
Gross settled
Forward exchange contracts
Inflows $ 13,398,921 $ 4,688,786 $ 599,796
Outflows (13,310,433) (4,687,958) (534,354)
88,488 828 65,442
Swap contracts
Inflows 32,274,691 16,429,850 62,187,750
Outflows (31,891,439) (15,016,775) (59,838,031)
383,252 1,413,075 2,349,719
$ 471,740 $ 1,413,903 $ 2,415,161
December 31, 2021
Net settled
Forward exchange contracts $ (21,379) $ (1,410) $ -
Gross settled
Forward exchange contracts
Inflows $ 2,382,315 $ 6,817,411 $ 531,596
Outflows (2,380,359) (6,784,689) (525,920)
1,956 32,722 5,676
(Continued)
- 100 -
On Demand or
Less than 3 Months to
1 Month 1 to 3 Months 1 Year
NT$ NT$ NT$
Swap contracts
Inflows $ 23,759,435 $ 21,272,450 $ 37,841,805
Outflows (23,814,701) (21,314,442) (37,965,438)
(55,266) (41,992) (123,633)
Target redemption forward contracts

Inflows 19,376 43,596 33,216
Outflows (18,845) (42,401) (32,243)
531) 1,195 973)
$ (52,779) $ (8,075) $ (116,984)

(Concluded)
35. RELATED PARTY TRANSACTIONS
Balances and transactions within the Group had been eliminated upon consolidation. Details of transactions
between the Group and other related parties were disclosed as follows:
a. Related parties
In addition to those disclosed in Note 14, the related parties were as follows:
Related Parties Relationship with the Group
ASE Cultural and Educational Foundation Substantial related party

ASE Environmental Protection and Sustainability Substantial related party
Foundation
b. Contribution of related party

Relationship and Name
of Related Party 2022 2021
NT$ NT$
Substantial related party
ASE Environmental Protection and
Sustainability Foundation $ 100,000 $ 100,000
ASE Cultural and Educational Foundation 20,000 10,000
$ 120,000 $ 110,000
c. ASE and ASEE entered into a joint construction and allocation of housing units agreement with HC,
respectively, in August 2021. The agreement stipulates that ASE and ASEE will provide land and
leasehold land and HC will provide fund for joint construction of plant and consult with professional
appraisal firm to evaluate the allocation ratio of the value under joint construction. After the completion
of the plant construction, ASE, ASEE and its affiliates will have the priority to purchase the property,
which obtained by HC based on the agreed proportion of joint construction. Since the joint construction
agreement between ASEE and HC has not yet started, therefore, the joint construction agreement was
terminated by mutual consent of both parties, and the board of directors of ASEE decided to terminate
the joint construction agreement in May 2022.
- 101 -
d. In the third quarter of 2021, ASE purchased real estate properties from HC with an amount of
NT$2,362,000 thousand (tax excluded) which was primarily based on the independent professional
appraisal reports and had been fully paid.
e. ASE entered into a joint construction and allocation of housing units agreement with HC in April 2022.
The agreement stipulates that ASE and HC will provide a part of land and fund, respectively, for joint
construction of plant and consult with professional appraisal firm to evaluate the allocation ratio of the
value under joint construction. After the completion of the plant construction, ASE will have the
priority to purchase the property, which obtained by HC based on the agreed proportion of joint
construction.
f. Compensation to key management personnel

2022 2021
NT$ NT$
Short-term employee benefits $ 1,962,298 $ 1,744,903

Post-employment benefits 4,344 3,505
Share-based payments 445,287 163,697
$ 2,411,929 $ 1,912,105
The compensation to the Group’s key management personnel was determined according to personal
performance and market trends.
36. ASSETS PLEDGED AS COLLATERAL OR FOR SECURITY
The following assets were provided as collateral for bank borrowings, tariff guarantees of imported raw
materials or collateral:
December 31
2022 2021
NT$ NT$
Inventories related to real estate business $ 2,627,606 $ 2,587,110

Property, plant and equipment 105,237 114,390
Investment properties 20,196,582 20,796,862
Other financial assets (including current and non-current) 454,122 444,358
$ 23,383,547 $ 23,942,720
37. SIGNIFICANT CONTINGENT LIABILITIES AND UNRECOGNIZED COMMITMENTS
In addition to those disclosed in other notes, significant commitments and contingencies of the Group as of
each balance sheet date were as follows:
a. As of December 31, 2022 and 2021, unused letters of credit of the Group were approximately
NT$579,000 thousand and NT$74,000 thousand, respectively.
b. As of December 31, 2022 and 2021, letters of bank guarantee provided to customs for the import and
export of goods with bank facilities granted to the Group were approximately NT$622,539 thousand
and NT$738,628 thousand, respectively.
- 102 -
c. As of December 31, 2022 and 2021, the Group’s commitments to purchase property, plant and
equipment were approximately NT$59,675,567 thousand and NT$52,678,554 thousand, respectively, of
which NT$3,689,863 thousand and NT$3,761,120 thousand had been prepaid, respectively. As of
December 31, 2022 and 2021, the commitment that the Group has contracted for the construction
related to real estate business were NT$0 thousand and NT$59 thousand, respectively.
d. The Group entered into long-term purchase agreements of materials and supplies with multiple
suppliers. The relative minimum purchase quantity is specified in the agreements.
e. The Group entered into long-term agreements with multiple customers. The relative minimum order
quantity from customers and minimum purchase quantity of materials from suppliers are specified in
the agreements.
f. In December 2022, in consideration of corporate social responsibility, the board of directors of ASE
resolved the disbursements of NT$20,000 thousand to ASE Cultural and Educational Foundation for
promoting the cultural and educational activities to fulfill the Group’s social responsibilities.
g. In December 2013, in consideration of corporate social responsibility for environmental protection, the
board of directors of ASE, approved the contributions of at least NT$100,000 thousand annually to be
made in the next 30 years, with a total amount of at least NT$3,000,000 thousand, for promoting
environmental protection efforts in Taiwan.
38. OTHERS
On December 20, 2013, the Kaohsiung Environmental Protection Bureau (the “KEPB”) imposed an
administrative fine of NT$102,014 thousand (the “Original Fine”) upon ASE for violation of the Water
Pollution Control Act. After ASE sought administrative remedies against the Original Fine, the Original
Fine has been revoked by final judgment of Supreme Administrative Court on June 8, 2017, and KEPB is
ordered to refund the Original Fine to ASE. On December 27, 2019, KEPB has refunded NT$55,062
thousand to ASE. On February 10, 2020, KEPB re-imposed an administrative fine of NT$46,952 thousand
(the “New Fine”) upon ASE and offset the New Fine by the remaining amount which shall be refunded to
ASE. Therefore, no additional payment that ASE should make for the New Fine. After ASE filed an
administrative appeal against the New Fine, the Administrative Appeal Review Committee of Kaohsiung
City Government has revoked the New Fine on December 15, 2020 and remanded to KEPB for another
legitimate administrative action.
39. SIGNIFICANT ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES
The following information was aggregated by the foreign currencies other than functional currencies of the
group entities and the exchange rates between foreign currencies and respective functional currencies were
disclosed. The significant financial assets and liabilities denominated in foreign currencies were as follows:
Foreign Carrying
Currencies Amount
(In Thousand) Exchange Rate (In Thousand)
December 31, 2022
Monetary financial assets

US$ $ 5,602,783 US$1=NT$30.71 $ 172,061,459
US$ 1,517,342 US$1=RMB6.9646 46,597,573
US$ 24,066 US$1=EUR0.9376 739,064
(Continued)
- 103 -
Foreign Carrying
Currencies Amount
(In Thousand) Exchange Rate (In Thousand)
JPY $ 8,599,044 JPY1=NT$0.2324 $ 1,998,417

JPY 410,433 JPY1=US$0.0076 95,385
Monetary financial liabilities

US$ 5,539,862 US$1=NT$30.71 170,129,161
US$ 1,361,060 US$1=RMB6.9646 41,798,164
US$ 56,203 US$1=EUR0.9376 1,725,989
JPY 10,093,229 JPY1=NT$0.2324 2,345,666
JPY 343,989 JPY1=US$0.0076 79,943
December 31, 2021
Monetary financial assets

US$ 4,885,163 US$1=NT$27.68 135,221,324
US$ 1,718,314 US$1=RMB6.3757 47,562,940
US$ 42,250 US$1=EUR0.8829 1,169,492
JPY 12,584,942 JPY1=NT$0.2405 3,026,677
JPY 551,496 JPY1=US$0.0087 132,635
Monetary financial liabilities

US$ $ 4,899,633 US$1=NT$27.68 $ 135,621,853
US$ 1,503,606 US$1=RMB6.3757 41,619,803
US$ 88,741 US$1=EUR0.8829 2,456,363
JPY 14,078,075 JPY1=NT$0.2405 3,385,776
JPY 990,667 JPY1=US$0.0087 238,255
The significant realized and unrealized foreign exchange gain (loss) were as follows:

2022 2021
Net Foreign Net Foreign
Exchange Gain Exchange Gain
(Loss) (Loss)
Functional Currencies Exchange Rate NT$ Exchange Rate NT$
US$ US$1=NT$30.71 $ (347,044) US$1=NT$27.68 $ 132,582

NT$ (2,985,318) 1,413,969
RMB RMB1=NT$4.4094 921,898 RMB1=NT$4.3415 (85,675)
$ (2,410,464) $ 1,460,876
40. ADDITIONAL DISCLOSURES
Following are the additional disclosures required by the Securities and Futures Bureau for the Group:
a. Financial provided: Please see Table 1 attached;
b. Endorsement/guarantee provided: Please see Table 2 attached;
c. Marketable securities held (excluding investments in subsidiaries, associates and joint venture):
Please see Table 3 attached;
- 104 -
d. Marketable securities acquired and disposed of at costs or prices of at least NT$300 million or 20% of
the paid-in capital: Please see Table 4 attached;
e. Acquisition of individual real estate properties at costs of at least NT$300 million or 20% of the paid-in
capital: Please see Table 5 attached;
f. Disposal of individual real estate properties at prices of at least NT$300 million or 20% of the paid-in
capital: None;
g. Total purchase from or sales to related parties of at least NT$100 million or 20% of the paid-in capital:
h. Receivables from related parties amounting to at least NT$100 million or 20% of the paid-in capital:
i. Information about the derivative financial instruments transaction: Please see Note 7;
j. Others: The business relationship between the parent and the subsidiaries and significant transactions
between them: Please see Table 10 attached;
k. Names, locations, and related information of investees over which the Group exercises significant
influence (excluding information on investment in Mainland China): Please see Table 8 attached;
l. Information of major shareholders: List all shareholders with ownership of 5% or greater showing the
name of the shareholder, the number of shares owned, and percentage of ownership of each
shareholder: Please see Table 11 attached;
m. Information on investment in Mainland China
1) The name of the investee in Mainland China, the main businesses and products, its issued capital,
method of investment, information on inflow or outflow of capital, percentage of ownership,
income (losses) of the investee, share of profits/losses of investee, ending balance, amount received
as dividends from the investee, and the limitation on investee: Please see Table 9 attached;
2) Any of the following significant transactions with investee companies in mainland China, either
directly or indirectly through a third party, and their prices, payment terms, and unrealized gains or
losses:
a) The amount and percentage of purchases and the balance and percentage of the related payables
at the end of the period: Please see Table 6 attached;
b) The amount and percentage of sales and the balance and percentage of the related receivables at
the end of the period: Please see Table 6 attached;
c) The amount of property transactions and the amount of the resultant gains or losses: No
significant transactions;
d) The balance of negotiable instrument endorsements or guarantees or pledges of collateral at the

end of the period and the purposes: None;
e) The highest balance, the end of period balance, the interest rate range, and total current period
interest with respect to financing of funds: Please see Table 1 attached;
f) Other transactions that have a material effect on the profit or loss for the period or on the
financial position, such as the rendering or receiving of services: None.
- 105 -
41. OPERATING SEGMENTS INFORMATION
The Group has the following reportable segments: Packaging, Testing and EMS. The Group packages bare
semiconductors into finished semiconductors with enhanced electrical and thermal characteristics; provides
testing services, including front-end engineering testing, wafer probing and final testing services; engages
in the designing, assembling, manufacturing and sale of electronic components and telecommunications
equipment motherboards. Information about other business activities and operating segments that are not
reportable are combined and disclosed in “Others.” The Group engages in other activities such as substrate
production as well as sale and leasing of real estate properties.
The accounting policies for segments are the same as those described in Note 4. The measurement basis for
resources allocation and performance evaluation is based on profit before income tax.
a. Segment revenues and operation results

Adjustments and
Packaging Testing EMS Others Eliminations Total
Revenue from external customers $ 303,947,502 $ 55,960,182 $ 301,966,818 $ 8,998,141 $ - $ 670,872,643

Inter-group revenues (Note 1) 6,940,878 524,387 35,533,226 9,080,132 (52,078,623 ) -
Segment revenues 310,888,380 56,484,569 337,500,044 18,078,273 - 722,951,266
Interest income 109,148 84,562 418,507 42,530 - 654,747
Interest expense (2,150,382 ) (463,043 ) (1,029,128) (346,581) - (3,989,134 )
Depreciation and amortization (33,509,358 ) (14,901,939) (4,654,383 ) (2,386,209 ) - (55,451,889)
Share of the profit or loss of associates
and joint ventures 727,843 75,660 324,276 - - 1,127,779
Impairment loss (64,257) (105,169) (219,349) - - (388,775)
Segment profit before income tax 51,703,165 14,609,515 14,368,179 944,855 - 81,625,714
Expenditures for segment assets 45,936,563 21,765,965 6,188,401 1,909,645 - 75,800,574
December 31, 2022
Investments accounted for using the

equity method 10,453,606 1,665,873 2,694,203 - - 14,813,682
Contract assets 4,869,541 861,632 - - - 5,731,173
Revenue from external customers $ 272,543,899 $ 49,978,736 $ 239,488,267 $ 7,986,231 $ - $ 569,997,133

Inter-group revenue (Note 1) 7,244,889 339,619 27,825,073 7,527,260 (42,936,841 ) -
Segment revenues 279,788,788 50,318,355 267,313,340 15,513,491 - 612,933,974
Interest income 61,141 88,874 301,072 91,242 - 542,329
Interest expense (1,604,107 ) (405,648 ) (629,584) (159,596) - (2,798,935 )
Depreciation and amortization (34,384,500 ) (13,819,080) (4,336,266 ) (1,984,431 ) - (54,524,277)
Share of the profit or loss of associates
and joint ventures 803,510 74,403 95,943 - - 973,856
Impairment loss (86,997) (39,769) - - - (126,766)
Segment profit before income tax 41,704, 042 12,017,660 8,528,675 18,085,030 - 80,335,407
Expenditures for segment assets 48,531,368 16,773,513 7,654,560 1,458,100 - 74,417,541
December 31, 2021
Investments accounted for using the

equity method 13,021,206 1,944,113 2,355,472 - - 17,320,791
Contract assets 4,735,181 872,028 - - - 5,607,209
Note 1: Inter-group revenues were eliminated upon consolidation.
Note 2: The disaggregated product and service type from the Group's contract with customer is the
same as those disclosed in above reportable segment.
- 106 -
b. Revenue from major products and services

2022 2021
NT$ NT$
Packaging service $ 303,947,502 $ 272,543,899

Testing service 55,960,182 49,978,736
EMS 301,966,818 239,488,267
Others 8,998,141 7,986,231
$ 670,872,643 $ 569,997,133
c. Geographical information
The Group’s revenue from external customers by location of headquarter and information about its
non-current assets by location of assets are detailed below.
1) Net revenues from external customers

2022 2021
NT$ NT$
United States $ 446,484,639 $ 353,500,361

Taiwan 83,655,142 94,598,067
Asia 75,991,902 62,523,167
Europe 63,542,468 57,910,641
Others 1,198,492 1,464,897
$ 670,872,643 $ 569,997,133
2) Non-current assets
December 31
2022 2021
NT$ NT$
Taiwan $ 267,380,440 $ 251,869,571

China 69,283,739 65,375,423
Others 40,537,349 34,702,992
$ 377,201,528 $ 351,947,986
Non-current assets exclude financial instruments, post-employment benefit assets, and deferred tax
assets.
d. Major customers
Except one customer from which the operating revenues generated from packaging and EMS segments
were NT$198,858,465 thousand and NT$158,624,032 thousand in 2022 and 2021, respectively, there
was no other operating revenues from a single customer accounting for more than 10% of the Group’s
operating revenues for the years ended December 31, 2022 and 2021.
- 107 -
TABLE 1
FINANCINGS PROVIDED
FOR THE YEAR ENDED DECEMBER 31, 2022
(Amounts In Thousands of New Taiwan Dollars)
Financing Company's
Financial Statement Related Maximum Balance Interest Rate Nature for Transaction Reason for Allowance for Collateral Financing Limits for Total Financing
No. Financing Company Counter-party Account Party for the Period Ending Balance Amount Actual Drawn (%) Financing Amounts Financing Bad Debt Item Value Each Borrowing Company Amount Limits
1 ASE The Company Other receivables Yes $ 10,000,000 $ - $ - - The need for short-term $ - Operating capital $ - - $ - $ 59,862,249 (Note 1) $ 59,862,249 (Note 2)
from related parties financing
2 ASE Test, Inc. The Company Other receivables Yes 4,680,000 4,500,000 1,550,000 0.59~1.45 The need for short-term - Operating capital - - - 12,249,494 (Note 1) 12,249,494 (Note 2)
3 ASE Electronics Inc. The Company Other receivables Yes 1,710,000 1,710,000 1,530,000 0.59~1.45 The need for short-term - Operating capital - - - 1,807,756 (Note 1) 1,807,756 (Note 2)
4 A.S.E. Holding Limited ASE Test Limited Long-term receivables Yes 1,600,493 - - - The need for short-term - Operating capital - - - 20,287,809 (Note 3) 20,287,809 (Note 3)
Alto Enterprises Limited Other receivables Yes 3,222 3,071 - - The need for short-term - Operating capital - - - 20,287,809 (Note 3) 20,287,809 (Note 3)
USI Enterprise Limited Long-term receivables Yes 1,739,610 1,658,340 - - The need for short-term - Operating capital - - - 20,287,809 (Note 3) 20,287,809 (Note 3)
J&R Holding Limited Long-term receivables Yes 1,739,610 1,658,340 1,566,210 - The need for short-term - Operating capital - - - 20,287,809 (Note 3) 20,287,809 (Note 3)
5 ASE Test Limited ASE Other receivables Yes 6,489,023 6,489,023 4,821,470 5.91 The need for short-term - Operating capital - - - 29,652,453 (Note 3) 29,652,453 (Note 3)
from related parties/ financing
Long-term receivables
from related parties
J&R Holding Limited Long-term receivables Yes 5,466,380 5,466,380 4,818,399 0.50~4.73 The need for short-term - Operating capital - - - 29,652,453 (Note 3) 29,652,453 (Note 3)
USI Enterprise Limited Long-term receivables Yes 4,993,325 4,760,050 4,176,560 0.50~4.54 The need for short-term - Operating capital - - - 29,652,453 (Note 3) 29,652,453 (Note 3)
ASE Japan Co., Ltd. Long-term receivables Yes 483,225 460,650 122,840 4.80~5.91 The need for short-term - Operating capital - - - 29,652,453 (Note 3) 29,652,453 (Note 3)
6 ASE Holding (Singapore) Pte ASE Long-term receivables Yes 5,681,350 5,681,350 5,681,350 5.91 The need for short-term - Operating capital - - - 5,783,195 (Note 3) 5,783,195 (Note 3)
Ltd. from related parties financing
7 Global Advanced Packaging ASE Long-term receivables Yes 30,024,380 28,621,720 26,932,670 - The need for short-term - Operating capital - - - 49,181,550 (Note 3) 49,181,550 (Note 3)
Technology Limited from related parties financing
USI Enterprise Limited Other receivables Yes 2,994,000 829,170 829,170 - The need for short-term - Operating capital - - - 49,181,550 (Note 3) 49,181,550 (Note 3)
8 Alto Enterprises Limited ASE Long-term receivables Yes 1,191,955 1,136,270 1,136,270 - The need for short-term - Operating capital - - - 4,813,455 (Note 3) 4,813,455 (Note 3)
9 ASE Mauritius Inc. ASE Long-term receivables Yes 1,449,675 1,381,950 1,381,950 - The need for short-term - Operating capital - - - 14,115,223 (Note 3) 14,115,223 (Note 3)
10 ASE Corporation Synergy Link Limited Other receivables No 101,689 48,560 48,560 5.00~5.50 The need for short-term - Strategic purpose - Synergy Link 112,504 7,509,307 (Note 1) 7,509,307 (Note 2)
financing Limited
1,000 shares
J&R Holding Limited Long-term receivables Yes 112,753 107,485 67,562 - The need for short-term - Operating capital - - - 18,773,267 (Note 3) 18,773,267 (Note 3)
11 ISE Labs, Inc. ASE Other receivables Yes 966,450 921,300 921,300 0.63~5.68 The need for short-term - Operating capital - - - 2,745,223 (Note 3) 2,745,223 (Note 3)
ASE Test Limited Other receivables Yes 353,700 - - 0.59~1.42 The need for short-term - Operating capital - - - 2,745,223 (Note 3) 2,745,223 (Note 3)
from related parties/ financing
Long-term receivables
from related parties
J&R Holding Limited Long-term receivables Yes 386,580 368,520 368,520 1.24~4.54 The need for short-term - Operating capital - - - 2,745,223 (Note 3) 2,745,223 (Note 3)
12 ASE (Korea) Inc. ASE Other receivables Yes 9,503,425 9,213,000 9,213,000 2.10~6.39 The need for short-term - Operating capital - - - 21,511,283 (Note 3) 21,511,283 (Note 3)
13 ASE Japan Co., Ltd. ASE Other receivables Yes 481,400 - - 0.53~0.54 The need for short-term - Operating capital - - - 1,514,170 (Note 3) 1,514,170 (Note 3)
ASE Marketing & Service Other receivables Yes 48,640 - - 0.46~0.49 The need for short-term - Operating capital - - - 1,514,170 (Note 3) 1,514,170 (Note 3)
Japan Co., Ltd. from related parties financing
14 ASE Singapore Pte. Ltd. ASE Test Limited Long-term receivables Yes 500,850 - - 0.50~0.64 The need for short-term - Operating capital - - - 6,200,044 (Note 3) 6,200,044 (Note 3)
J&R Holding Limited Long-term receivables Yes 1,437,120 - - 0.50~2.76 The need for short-term - Operating capital - - - 6,200,044 (Note 3) 6,200,044 (Note 3)
15 ASE (U.S.) Inc. ASE Other receivables Yes 444,500 214,970 214,970 0.63~5.68 The need for short-term - Operating capital - - - 717,970 (Note 3) 717,970 (Note 3)
(Continued)
- 108 -
Financing Company's
Financial Statement Related Maximum Balance Interest Rate Nature for Transaction Reason for Allowance for Collateral Financing Limits for Total Financing
No. Financing Company Counter-party Account Party for the Period Ending Balance Amount Actual Drawn (%) Financing Amounts Financing Bad Debt Item Value Each Borrowing Company Amount Limits
16 Shanghai Ding Hui Real Estate Shanghai Ding Yu Real Estate Other receivables Yes $ 450,915 $ 440,944 $ 440,944 4.35 The need for short-term $ - Operating capital $ - - $ - $ 18,988,336 (Note 3) $ 18,988,336 (Note 3)
Development Co., Ltd. Development Co., Ltd. from related parties financing
Shanghai Ding Wei Real Estate Other receivables Yes 2,029,118 1,984,249 1,984,249 4.35 The need for short-term - Operating capital - - - 18,988,336 (Note 3) 18,988,336 (Note 3)
Development Co., Ltd. from related parties financing
Shanghai Dingyao Estate Other receivables Yes 448,877 440,944 440,944 4.35 The need for short-term - Operating capital - - - 18,988,336 (Note 3) 18,988,336 (Note 3)
Development Co.,Ltd. from related parties financing
Kun Shan Ding Hong Real Other receivables Yes 360,732 352,755 352,755 4.35 The need for short-term - Operating capital - - - 18,988,336 (Note 3) 18,988,336 (Note 3)
Estate Development Co., Ltd from related parties financing
ASE Assembly & Test Other receivables Yes 1,352,746 881,888 - 4.90 The need for short-term - Operating capital - - - 18,988,336 (Note 3) 18,988,336 (Note 3)
(Shanghai) Limited from related parties financing
ISE Labs, China, Ltd. Other receivables Yes 1,322,833 1,322,833 485,039 4.90 The need for short-term - Operating capital - - - 18,988,336 (Note 3) 18,988,336 (Note 3)
17 Advanced Semiconductor Siliconware Technology Other receivables Yes 1,063,095 1,013,430 1,013,430 0.54~2.15 The need for short-term - Operating capital - - - 3,167,531 (Note 3) 3,167,531 (Note 3)
Engineering (China) Ltd. (Suzhou) Limited from related parties financing
ASE Investment Other receivables Yes 2,052 - - 3.00 The need for short-term - Operating capital - - - 3,167,531 (Note 3) 3,167,531 (Note 3)
(Kun Shan) Limited from related parties financing
ASE Assembly & Test Other receivables Yes 1,352,746 1,322,833 1,234,644 2.40~3.41 The need for short-term - Operating capital - - - 3,167,531 (Note 3) 3,167,531 (Note 3)
(Shanghai) Limited from related parties financing
18 Wuxi Tongzhi Microelectronics ASE Assembly & Test Other receivables Yes 225,458 220,472 88,189 3.44~3.69 The need for short-term - Operating capital - - - 467,550 (Note 3) 467,550 (Note 3)
Co., Ltd. (Shanghai) Limited from related parties financing
19 ASE Investment ASE Assembly & Test Other receivables Yes 1,009,973 992,124 132,283 2.40~3.25 The need for short-term - Operating capital - - - 3,083,294 (Note 3) 3,083,294 (Note 3)
(Kun Shan) Limited (Shanghai) Limited from related parties financing
ASE (Shanghai) Inc. Other receivables Yes 538,652 529,133 220,472 2.40~3.10 The need for short-term - Operating capital - - - 3,083,294 (Note 3) 3,083,294 (Note 3)
Siliconware Technology Other receivables Yes 1,571,069 1,543,305 1,543,305 2.40 The need for short-term - Operating capital - - - 3,083,294 (Note 3) 3,083,294 (Note 3)
(Suzhou) Limited from related parties financing
ISE Labs, China, Ltd. Other receivables Yes 440,944 440,944 88,189 2.40 The need for short-term - Operating capital - - - 3,083,294 (Note 3) 3,083,294 (Note 3)
20 USI Enterprise Limited ASE Other receivables Yes 2,899,350 - - 4.31~4.43 The need for short-term - Operating capital - - - 23,958,136 (Note 1) 23,958,136 (Note 2)
USIINC Other receivables Yes 3,865,800 1,842,600 1,842,600 0.63~5.68 The need for short-term - Operating capital - - - 23,958,136 (Note 1) 23,958,136 (Note 2)
21 Real Tech Holdings Limited USI Enterprise Limited Long-term receivables Yes 1,256,385 1,197,690 1,197,690 - The need for short-term - Operating capital - - - 61,302,710 (Note 3) 61,302,710 (Note 3)
Huntington Holdings Long-term receivables Yes 154,450 153,550 92,130 - The need for short-term - Operating capital - - - 61,302,710 (Note 3) 61,302,710 (Note 3)
International Co. Ltd. from related parties financing
22 USI Electronics (Shenzhen) Universal Scientific Industrial Other receivables Yes 2,244,385 2,204,721 - - The need for short-term - Operating capital - - - 2,780,454 (Note 1) 2,780,454 (Note 2)
Co., Ltd. (Shanghai) Co., Ltd. from related parties financing
Universal Global Technology Other receivables Yes 450,915 440,944 440,944 1.75~2.40 The need for short-term - Operating capital - - - 6,951,136 (Note 3) 6,951,136 (Note 3)
(Huizhou) Co., Ltd from related parties financing
Universal Global Technology Other receivables Yes 448,877 440,944 - - The need for short-term - Operating capital - - - 6,951,136 (Note 3) 6,951,136 (Note 3)
(Shanghai) Co., Ltd. from related parties financing
(Kunshan) Co., Ltd. from related parties financing
23 Universal Global Technology Universal Scientific Long-term receivables Yes 2,577,200 2,456,800 1,842,600 0.56~5.05 The need for short-term - Operating capital - - - 30,616,321 (Note 3) 30,616,321 (Note 3)
Co., Limited Industrial De Mexico from related parties financing
S.A.De C.V.
Universal Global Scientific Other receivables Yes 589,500 - - 0.63~1.50 The need for short-term - Operating capital - - - 12,246,528 (Note 1) 12,246,528 (Note 2)
Industrial Co., Ltd. from related parties financing
Universal Scientific Industrial Other receivables Yes 1,574,375 - - 0.63~1.07 The need for short-term - Operating capital - - - 12,246,528 (Note 1) 12,246,528 (Note 2)
Co., Ltd. from related parties financing
Universal Scientific Industrial Long-term receivables Yes 1,684,160 1,293,834 966,281 0.60~2.47 The need for short-term - Operating capital - - - 30,616,321 (Note 3) 30,616,321 (Note 3)
(France) from related parties financing
ASTEELFLASH USA CORP. Long-term receivables Yes 322,150 307,100 214,970 0.72~6.49 The need for short-term - Operating capital - - - 30,616,321 (Note 3) 30,616,321 (Note 3)
FINANCIERE AFG(Note 5) Long-term receivables Yes 2,491,784 1,572,254 1,572,254 1.00~2.47 The need for short-term - Operating capital - - - 30,616,321 (Note 3) 30,616,321 (Note 3)
Universal Global Electronics Long-term receivables Yes 322,150 307,100 15,355 2.05~4.54 The need for short-term - Operating capital - - - 30,616,321 (Note 3) 30,616,321 (Note 3)
Co., Ltd. from related parties financing
ASTEELFLASH FRANCE Other receivables Yes 769,749 769,749 769,749 1.50~2.48 The need for short-term - Operating capital - - - 12,246,528 (Note 1) 12,246,528 (Note 2)
24 Universal Scientific Industrial Universal Global Scientific Other receivables Yes 1,344,300 1,314,200 1,314,200 0.59~5.05 The need for short-term - Operating capital - - - 1,566,867 (Note 1) 1,566,867 (Note 2)
Co., Ltd. Industrial Co., Ltd. from related parties financing
25 Universal Global Technology Universal Scientific Industrial Other receivables Yes 1,270,000 - - - The need for short-term - Operating capital - - - 3,599,722 (Note 1) 3,599,722 (Note 2)
(Shanghai) Co., Ltd. (Shanghai) Co., Ltd. from related parties financing
(Continued)
- 109 -
Financing Limits for Financing Company's
Financial Statement Related Maximum Balance Interest Rate Nature for Transaction Reason for Allowance for Collateral Each Borrowing Company Total Financing
No. Financing Company Counter-party Account Party for the Period Ending Balance Amount Actual Drawn (%) Financing Amounts Financing Bad Debt Item Value (Note 1) Amount Limits (Note 2)
Universal Global Technology Long-term receivables Yes $ 1,346,631 $ 1,322,833 $ 1,322,833 1.75~2.40 The need for short-term $ - Operating capital $ - - $ - $ 8,999,306 (Note 3) $ 8,999,306 (Note 3)
26 Universal Scientific Industrial Universal Scientific Industrial Other receivables Yes 3,043,500 1,535,500 921,300 0.56~5.05 The need for short-term - Operating capital - - - 27,792,842 (Note 1) 27,792,842 (Note 2)
(Shanghai) Co., Ltd. De Mexico S.A.De C.V. from related parties financing
Universal Scientific Industrial Other receivables Yes 3,892,200 1,535,500 1,381,950 0.53~4.78 The need for short-term - Operating capital - - - 27,792,842 (Note 1) 27,792,842 (Note 2)
Vietnam Company Limited from related parties financing
Universal Global Technology Other receivables Yes 3,366,577 3,307,082 2,204,721 1.75~2.40 The need for short-term - Operating capital - - - 27,792,842 (Note 1) 27,792,842 (Note 2)
(Huizhou) Co., Ltd from related parties financing
27 USI America Inc. ASTEELFLASH USA CORP. Other receivables Yes 177,183 168,905 122,840 1.85~5.89 The need for short-term - Operating capital - - - 226,499 (Note 3) 226,499 (Note 3)
28 Universal Scientific Industrial ASTEELFLASH HERSFELD Long-term receivables Yes 327,553 327,553 298,073 1.00~2.47 The need for short-term - Operating capital - - - 12,148,587 (Note 3) 12,148,587 (Note 3)
(France) GmbH from related parties financing
ASTEELFLASH FRANCE Other receivables Yes 746,750 - - 1.00~2.47 The need for short-term - Operating capital - - - 4,859,435 (Note 1) 4,859,435 (Note 2)
ASTEELFLASH TUNISIE S.A. Long-term receivables Yes 458,574 458,574 415,992 1.00~2.81 The need for short-term - Operating capital - - - 12,148,587 (Note 3) 12,148,587 (Note 3)
ASTEELFLASH PLZEN S.R.O. Long-term receivables Yes 98,266 98,266 98,266 1.00~2.47 The need for short-term - Operating capital - - - 12,148,587 (Note 3) 12,148,587 (Note 3)
29 FINANCIERE AFG(Note 5) ASTEELFLASH (BEDFORD) Long-term receivables Yes 134,297 134,297 131,786 1.25~3.00 The need for short-term - Operating capital - - - 5,417,729 (Note 3) 5,417,729 (Note 3)
LIMITED from related parties financing
ASTEELFLASH TUNISIE S.A. Long-term receivables Yes 949,903 949,903 610,322 1.25~3.41 The need for short-term - Operating capital - - - 5,417,729 (Note 3) 5,417,729 (Note 3)
ASTEELFLASH GERMANY Long-term receivables Yes 29,480 29,480 29,480 1.00~3.00 The need for short-term - Operating capital - - - 5,417,729 (Note 3) 5,417,729 (Note 3)
GmbH from related parties financing
ASTEELFLASH PLZEN Long-term receivables Yes 193,837 134,297 134,297 1.00~3.00 The need for short-term - Operating capital - - - 5,417,729 (Note 3) 5,417,729 (Note 3)
S.R.O. from related parties financing
ASTEELFLASH EBERBACH Other receivables Yes 111,218 65,511 65,511 1.00~3.00 The need for short-term - Operating capital - - - 5,417,729 (Note 3) 5,417,729 (Note 3)
ASTEELFLASH BONN Other receivables Yes 47,665 - - 1.00 The need for short-term - Operating capital - - - 5,417,729 (Note 3) 5,417,729 (Note 3)
ASTEELFLASH HERSFELD Long-term receivables Yes 65,511 65,511 - - The need for short-term - Operating capital - - - 5,417,729 (Note 3) 5,417,729 (Note 3)
30 ASTEELFLASH FRANCE FINANCIERE AFG(Note 5) Other receivables Yes 252,644 - - 1.25 The need for short-term - Operating capital - - - 833,195 (Note 1) 833,195 (Note 2)
ASTEELFLASH PLZEN S.R.O. Other receivables Yes 65,511 65,511 65,511 1.00~3.00 The need for short-term - Operating capital - - - 833,195 (Note 1) 833,195 (Note 2)
ASTEELFLASH (BEDFORD) Other receivables Yes 65,511 65,511 65,511 1.00~3.00 The need for short-term - Operating capital - - - 833,195 (Note 1) 833,195 (Note 2)
LIMITED from related parties financing
31 ASTEELFLASH SUZHOU Universal Global Long-term receivables Yes 1,707,395 1,627,630 1,627,630 1.00~4.51 The need for short-term - Operating capital - - - 5,685,436 (Note 3) 5,685,436 (Note 3)
CO., LTD. Technology Co., Limited from related parties financing
ASTEELFLASH TUNISIE S.A. Other receivables Yes 386,580 368,520 368,520 2.73~5.02 The need for short-term - Operating capital - - - 5,685,436 (Note 3) 5,685,436 (Note 3)
32 ASTEELFLASH HongKong Universal Global Other receivables Yes 161,075 - - 1.00 The need for short-term - Operating capital - - - 582,688 (Note 3) 582,688 (Note 3)
CO., LTD. Technology Co., Limited from related parties financing
33 ASTEELFLASH GERMANY ASTEELFLASH EBERBACH Long-term receivables Yes 75,337 75,337 75,337 1.25~3.00 The need for short-term - Operating capital - - - 376,037 (Note 3) 376,037 (Note 3)
GmbH GmbH from related parties financing
ASTEELFLASH DESIGN Long-term receivables Yes 29,480 29,480 29,480 1.25~3.00 The need for short-term - Operating capital - - - 376,037 (Note 3) 376,037 (Note 3)
SOLUTIONS HAMBOURG GmbH from related parties financing
34 SPIL Siliconware Technology (Suzhou) Other receivables Yes 4,565,250 3,071,000 1,535,500 0.64~4.53 The need for short-term - Operating capital - - - 39,321,988 (Note 1) 39,321,988 (Note 2)
Limited from related parties financing
The Company Other receivables Yes 10,000,000 9,000,000 1,000,000 0.59~1.45 The need for short-term - Operating capital - - - 39,321,988 (Note 1) 39,321,988 (Note 2)
(Concluded)
Note 1: A subsidiary’s limit amount of lending to a company shall not exceed 40% of the lender’s net worth.
Note 2: Where an inter-company or inter-firm short-term financing facility is necessary, the total amount of such financing facility shall not exceed 40% of the lender’s net worth.
Note 3: Foreign subsidiaries whose voting shares are 100% owned, directly or indirectly, by the Company as a lender, the aggregate lending amount and the amount lending to a single company shall not exceed 15% and 10%, respectively, of
the Company’s net worth as stated in its latest financial statement.
- 110 -
Note 4: Except No.10 its counter-party Synergy Link Limited, The transactions had been eliminated when preparing consolidated financial statements.
Note 5: No.23, 30 its counter-party and No.29 financing company ASTEELFLASH GROUP were merged by parent company FINANCIERE AFG in January, 2022, the debt for related parties of ASTEELFLASH GROUP had transferred to
FINANCIERE AFG..
- 111 -
TABLE 2
ENDORSEMENTS/GUARANTEES PROVIDED
(Amounts In Thousands of New Taiwan Dollars, Unless Specified Otherwise)
Limits on Endorsement Ratio of Accumulated Maximum Guarantee

Endorsement/ /Guarantee Amount Amount of Endorsement/ Endorsement/Guarantee to Endorsement Guarantee Guarantee Provided to
Guarantee Provider Guaranteed Party Provided to Each Maximum Balance Amount Actually Guarantee Collateralized Net Equity per Latest /Guarantee Amount Provided by Provided by Subsidiaries
No. Name Name Nature of Relationship Guaranteed Party (Note 1) for the Year Ending Balance Drawn by Properties Financial Statement (%) Allowable (Note 2) Parent Company A Subsidiary in Mainland
1 USI Enterprise Limited Universal Scientific More than 50% voting $ 83,853,476 $ 1,378,949 $ 1,314,528 $ 1,314,528 $ - 2.19 $ 89,843,010 Yes No No
Industrial (France) shares indirectly owned
by the company
2 FINANCIERE AFG(Note 3) ASTEELFLASH USA CORP. More than 50% voting 7,584,821 140,125 - - - - 8,126,594 Yes No No
shares indirectly owned
by the company
ASTEELFLASH GERMANY More than 50% voting 7,584,821 327,553 327,553 327,553 - 6.05 8,126,594 Yes No No
GmbH shares directly owned
by the company
ASTEELFLASH HERSFELD More than 50% voting 7,584,821 327,553 327,553 327,553 - 6.05 8,126,594 Yes No No
GmbH shares indirectly owned
by the company
ASTEELFLASH BONN More than 50% voting 7,584,821 327,553 327,553 327,553 - 6.05 8,126,594 Yes No No
by the company
ASTEELFLASH EBERBACH More than 50% voting 7,584,821 327,553 327,553 327,553 - 6.05 8,126,594 Yes No No
by the company
ASTEELFLASH DESIGN More than 50% voting 7,584,821 327,553 327,553 327,553 - 6.05 8,126,594 Yes No No
SOLUTIONS HAMBOURG shares indirectly owned
GmbH by the company
ASTEELFLASH TUNISIE More than 50% voting 7,584,821 549,591 491,329 131,021 - 15.11 8,126,594 Yes No No
S.A. shares directly owned
by the company
ASTEELFLASH PLZEN More than 50% voting 7,584,821 98,266 98,266 98,266 - 16.93 8,126,594 Yes No No
S.R.O. shares directly owned
by the company
ASTEELFLASH FRANCE More than 50% voting 7,584,821 229,287 229,287 131,021 - 21.16 8,126,594 Yes No No
shares directly owned
by the company
ASTEELFLASH HERSFELD More than 50% voting 7,584,821 222,436 98,266 98,266 - 22.97 8,126,594 Yes No No
by the company
ASTEELFLASH EBERBACH More than 50% voting 7,584,821 222,436 65,511 65,511 - 24.18 8,126,594 Yes No No
by the company
ASTEELFLASH DESIGN More than 50% voting 7,584,821 222,436 65,511 65,511 - 25.39 8,126,594 Yes No No
SOLUTIONS HAMBOURG shares indirectly owned
GmbH by the company
Note 1: The ceilings on the amounts a subsidiary permitted to make endorsements/guarantees for any single entity shall not exceed 140% of the subsidiary’s net worth as stated in its latest financial statement according to “The Process of make
in endorsements/guarantees” of the Company.
Note 2: The ceilings on the aggregate amounts a subsidiary permitted to make endorsements/guarantees shall not exceed 150% of the subsidiary’s net worth as stated in its latest financial statement according to “The Process of make in
endorsements/guarantees” of the Company.
Note 3: No.2 the subsidiary ASTEELFLASH GROUP were merged by parent company FINANCIERE AFG in January, 2022, the debt for related parties of ASTEELFLASH GROUP had transferred to FINANCIERE AFG.
- 112 -
TABLE 3
MARKETABLE SECURITIES HELD

DECEMBER 31, 2022
December 31, 2022

Relationship with Percentage of
Held Company Name Marketable Securities Type and Name the Company Financial Statement Account Shares/ Units Carrying Value Ownership (%) Fair Value Note
ASE Stock
The Company Ultimate parent company Financial assets at fair value through other 67,452,117 $ 6,333,754 $ 6,333,754
comprehensive income - non current
MiTAC Information Technology Corp - Financial assets at fair value through other 2,521 16 - 16
Asia Pacifical Emerging Industry Venture Capital Co, Ltd. - Financial assets at fair value through other 3,509,064 23,911 7 23,911
StarChips Technology Inc. - Financial assets at fair value through other 333,334 - 6 -
Limited Liability Partnership

Ripley Cable Holdings I, L.P. - Financial assets at fair value through other - - 4 -
ASE Test, Inc. Stock

The Company Ultimate parent company Financial assets at fair value through other 5,489,388 515,454 - 515,454
Powtec ElectroChemical Corporation - Financial assets at fair value through other 33,560,184 0 2 -
MiTAC Information Technology Corp. - Financial assets at fair value through other 680,017 4,383 - 4,383
Ainos Inc. - Financial assets at fair value through other 100,000,000 38,861 21 38,861
Neolink Capital Corp. - Financial assets at fair value through other 14,000,000 87,272 17 87,272
Hongkong & Shanghai Banking Corp. - Financial assets at fair value through profit 400,000 76,476 - 76,476
or loss - current
Tencent Holdings Ltd - Financial assets at fair value through profit 194,000 255,167 - 255,167
or loss - current
JD.com Inc - Financial assets at fair value through profit 9,238 8,011 - 8,011
or loss - current
Industrial and Commercial Bank of China Limited - Financial assets at fair value through profit 11,000,000 174,138 - 174,138
or loss - current
Ping An Insurance (Group) Company of China, Ltd. - Financial assets at fair value through profit 1,000,000 203,398 - 203,398
or loss - current
China Construction Bank Corporation - Financial assets at fair value through profit 10,402,000 200,309 - 200,309
or loss - current
AIA Group Limited - Financial assets at fair value through profit 300,000 102,546 - 102,546
or loss - current
China Merchants Bank Co., Ltd. - Financial assets at fair value through profit 2,200,000 378,166 - 378,166
or loss - current
China Life Insurance Co., Ltd. - Financial assets at fair value through profit 1,000,000 52,769 - 52,769
or loss - current
BOC Hong Kong (Holdings) Ltd. - Financial assets at fair value through profit 1,900,000 199,027 - 199,027
or loss - current
China Mobile Communications Corporation - Financial assets at fair value through profit 600,000 122,275 - 122,275
or loss - current
CK Hutchison Holdings Limited - Financial assets at fair value through profit 200,000 36,899 - 36,899
or loss - current
Agricultural Bank of China Limited - Financial assets at fair value through profit 16,300,000 172,028 - 172,028
or loss - current
(Continued)
- 113 -
December 31, 2022
Bank of China Ltd. - Financial assets at fair value through profit 16,700,000 $ 186,771 - $ 186,771
or loss - current
Alibaba Group Holding Ltd. - Financial assets at fair value through profit 360,000 122,275 - 122,275
or loss - current
AIMD Ainos Inc - Financial assets at fair value through profit 147,058 2,800 - 2,800
or loss - current
Preferred share
HanTech Venture Capital Corporation - Financial assets at fair value through profit 25,000,000 287,500 25 287,500
or loss - non current
Corporate bond
Nan Shan Life Insurance Co., Ltd. 1st Perpetual Unsecured - Financial assets at fair value through other 1,000 1,059,712 - 1,059,712
Subordinate Corporate Bond Issue in 2016 comprehensive income - non current
Fund
Yuanta Taiwan High-yield Leading Company Fund - Financial assets at fair value through profit 5,000,000 39,400 - 39,400
or loss - current
Luchu Development Corporation Stock

Powerchip Investment Holding Corporation - Financial assets at fair value through other 1,016,060 23,688 - 23,688
Powerchip Semiconductor Manufacturing Corporation - Financial assets at fair value through other 1,434,320 45,683 - 45,683
AMPI Stock
United Microelectronics Corp. - Financial assets at fair value through profit 89,659 3,649 - 3,649
or loss - current
Winbond Electronics Corporation - Financial assets at fair value through profit 5,893 116 - 116
or loss - current
A.S.E. Holding Limited Stock

SiPhoton, Inc. - Financial assets at fair value through other 544,800 - 4 -
Amphastar Pharmaceuticals, Inc. - Financial assets at fair value through profit 37,766 US$ 1,058 thousand - US$ 1,058 thousand
or loss - current
J & R Holding Limited Limited Liability Partnership

Crimson Velocity Fund, L.P. - Financial assets at fair value through other - US$ 114 thousand - US$ 114 thousand
Beneficiary Certificate
SMART Growth Fund, L.P - Financial assets at fair value through profit - US$ 25,739 thousand 6 US$ 25,739 thousand
Advanced Semiconductor Engineering Beneficiary Certificate
(China) Ltd. Taiwan Business Cross-Straits Industry Investment Fund - Financial assets at fair value through profit - RMB 9,000 thousand 8 RMB 9,000 thousand
(Continued)
- 114 -
December 31, 2022
USIINC Stock
Universal Venture Capital Investment Corporation - Financial assets at fair value through other 6,200,000 $ 36,215 5 $ 36,215
Gapertise Inc. - Financial assets at fair value through other 275,000 210 4 210
WellySun Inc. - Financial assets at fair value through other 500,744 8,060 1 8,060
Plasmag Technology Inc. - Financial assets at fair value through other 733,000 - 2 -
ZEPT Inc. - Financial assets at fair value through other 1,333,333 1,763 4 1,763
Preferred Stock
iWEECARE Co., Ltd. - Financial assets at fair value through other 180,000 - 1 -
Huntington Holdings International Stock

Co. Ltd. Superactive Group Company Limited - Financial assets at fair value through profit 5,140,800 US$ 22 thousand - US$ 22 thousand
or loss - current
Cadence Design SYS Inc. - Financial assets at fair value through profit 4,633 US$ 744 thousand - US$ 744 thousand
or loss - current
Solid Gain Invenstments Ltd. - Financial assets at fair value through other 1,291,400 US$ 422 thousand 20 US$ 422 thousand
Preferred Stock
Techgains I Corporation - Financial assets at fair value through other 518,316 US$ 169 thousand 10 US$ 169 thousand
Techgains II Corporation - Financial assets at fair value through other 653,998 US$ 115 thousand 4 US$ 115 thousand
Famous City ventures Limited - Financial assets at fair value through profit 14,725 US$ 2,797 thousand 29 US$ 2,797 thousand
or loss - non-current
Unitech Holdings International Stock

Co., Ltd. Superactive Group Company Limited - Financial assets at fair value through profit 5,213,600 US$ 23 thousand - US$ 23 thousand
or loss - current
WacomCo., Ltd. - Financial assets at fair value through profit 1,200,000 US$ 5,303 thousand 1 US$ 5,303 thousand
Sequans Communications SA - Financial assets at fair value through profit 54,333 US$ 180 thousand - US$ 180 thousand
Asia Global Venture Co., Ltd. - Financial assets at fair value through other 445,740 US$ 415 thousand 10 US$ 415 thousand
Preferred Stock
MoBagel, Inc. - Financial assets at fair value through other 391,318 US$ 168 thousand 2 US$ 168 thousand
USI Enterprise Limited Beneficiary Certificate
All-Stars Investment Private Partners - Financial assets at fair value through profit - US$ 8,935 thousand 2 US$ 8,935 thousand
Fund L.P. or loss - non-current
Fund
JPMorgan Funds-Income Fund - Financial assets at fair value through profit 1,048,218 US$ 8,270 thousand - US$ 8,270 thousand
or loss - current
Bond
Unsecured convertible corporate bonds of Universal Scientific Subsidiary Financial assets at fair value through profit 14,446,080 US$ 236,772 thousand 42 US$ 236,772 thousand
Industrial (Shanghai) Co., Ltd. or loss - current
(Continued)
- 115 -
December 31, 2022
Universal Scientific Beneficiary Certificate
Industrial (Shanghai) Co., Ltd. Suzhou Yaotu Equity Investment Partnership - Financial assets at fair value through profit - RMB 11,841 thousand 3 RMB 11,841 thousand
Stock
Senscomm Semiconductor Co., Ltd. - Financial assets at fair value through profit 257,937 RMB 24,753 thousand 1 RMB 24,753 thousand
Universal Global Electronics Beneficiary Certificate

Co., Ltd. PHI FUND, L.P. - Financial assets at fair value through profit - US$ 14,432 thousand 29 US$ 14,432 thousand
Universal Global Scientific Stock

Industrial Co., Ltd. TriKnight Capital Corporation - Financial assets at fair value through other 40,841,800 $ 169,414 5 $ 169,414
Universal Global Technology Preferred Stock
Co., Limited GaN System Inc. Series - Financial assets at fair value through profit 589,622 US$ 4,741 thousand 1 US$ 4,741 thousand
(Concluded)
- 116 -
TABLE 4
MARKETABLE SECURITIES ACQUIRED AND DISPOSED OF AT COSTS OR PRICES OF AT LEAST NT$300 MILLION OR 20% OF THE PAID-IN CAPITAL
Marketable Securities Nature of Beginning Balance Acquisition Disposal Ending Balance

Company Name Type and Name Financial Statement Account Counter-party Relationship Shares/Units Amount (Note 1) Shares/Units Amount Shares/Units Amount Carrying Value Gain/Loss on Disposal Shares/Units Amount (Note 1)
ASE Stock
The Company Financial assets at fair value through (Note 4) - - $ - 67,452,117 $ 5,508,313 - $ - $ - $ - 67,452,117 $ 6,333,754
other comprehensive income - noncurrent
ASE Singapore Pte. Ltd. Investments accounted for using - - - - 30,100,000 6,227,554 - - - - 30,100,000 6,200,044
the equity method
ASE Electronics (M) Sdn. Bhd. Investments accounted for using - - - - 159,715,000 5,996,420 - - - - 159,715,000 6,297,312
the equity method
J & R Holding Limited Stock
The Company Financial assets at fair value through (Note 4) - 23,351,881 US$ 89,847 thousand 39,606,442 US$ 103,695 thousand 62,958,323 US$ 200,000 thousand US$ 119,970 thousand (Note 5) - US$ -
ASE Test Limited Stock
The Company Financial assets at fair value through (Note 4) - 44,100,236 US$ 169,678 thousand - US$ - 44,100,236 US$ 117,991 thousand US$ 169,678 thousand (Note 4) - US$ -
ASE Singapore Pte. Ltd. Investments accounted for using - - 30,100,000 US$ 226,325 thousand - US$ - 30,100,000 US$ 195,137 thousand US$ 200,181 thousand (Note 5) - US$ -
the equity method
ASE Holding Limited Stock
The Company Financial assets at fair value through (Note 4) - - US$ - 4,493,814 US$ 11,765 thousand 4,493,814 US$ 15,000 thousand US$ 11,828 thousand (Note 5) - US$ -
ASE Holdings (Singapore) Stock
Pte. Ltd. ASE Electronics (M) Sdn. Bhd. Investments accounted for using - - 159,715,000 US$ 180,949 thousand - US$ - 159,715,000 US$ 187,894 thousand US$ 200,544 thousand (Note 5) - US$ -
the equity method
Universal Scientific Stock
RM
Industrial (Shanghai) Universal Global Investments accounted for using (Note 2, 3) - 2,549,748,125 RMB 5,116,197 thousand 1,194,862,860 RMB 1,057,858 thousand 556,950,000 RMB - RMB 451,172 thousand RMB - 3,187,660,985 6,943,204 thousand
B
Co., Ltd. Technology Co., LIMITED the equity method
RM
Universal Global Investments accounted for using (Note 2) - 460,000,000 RMB 446,215 thousand 340,000,000 RMB 340,000 thousand - RMB - RMB - RMB - 800,000,000 787,669 thousand
B
Technology (Huizhou) the equity method
Co., Ltd
USI Enterprise Limited Unsecured convertible corporate bonds

Universal Scientific Industrial Financial assets at fair value through - - 26,418,020 US$ 503,524 thousand - US$ - 11,971,940 US$ 201,688 thousand US$ 185,002 thousand US$ 16,686 thousand 14,446,080 US$ 236,772 thousand
(Shanghai) Co., Ltd. profit or loss - current
Universal Global Stock

Technology Co., Ltd. Universal Scientific Investments accounted for using (Note 2) - 80,000,000 US$ 72,748 thousand 20,000,000 US$ 20,000 thousand - US$ - US$ - US$ - 100,000,000 US$ 99,414 thousand
Industrial Vietnam the equity method
Company Limited
Note 1: The balance of investment accounted for using the equity method includes share of profits/losses of investees and other adjustment related to equity. The balance of financial assets at fair value through profit or loss – non current
includes valuation adjustment based on fair value measurement.
Note 2: Capital increase by cash.
Note 3: Capital decrease by cash.
Note 4: Capital decrease by physical capital.
Note 5: Organization structure adjusted.
- 117 -
TABLE 5
ACQUISITION OF INDIVIDUAL REAL ESTATE PROPERTIES AT COSTS OF AT LEAST NT$300 MILLION OR 20% OF THE PAID-IN CAPITAL
Prior Transaction of Related Counter-party

Transaction Amount Nature of Purpose of Other
Company Name Types of Property Transaction Date (Tax excluded) Payment Term Counter-party Relationships Owner Relationships Transfer Date Amount Price Reference Acquisition Terms
ASE The lands located at Neili February 9, 2022 $ 1,257,203 Has been paid fully Hsia Fah Industrial Co., None - - - $ - Request for quotation, Facilities and equipment None
land serial No. 3736, 3737 Ltd. price comparison expansion
,3745-1 and 3736-1 for and price negotiation
Chungli plant
Facilities and equipment January 1, 2022 - 322,305 $17,951 thousand will be Hantech Engineering None - - - - Request for quotation, Facilities and equipment None
engineering of ASE December 31, 2022 paid after acceptance check Co.,Ltd price comparison expansion
Kaohsiung plant and and price negotiation
Chungli plant
Facilities and equipment January 1, 2022 - 436,919 $510 thousand will be Marketech International None - - - - Request for quotation, Facilities and equipment None
engineering of ASE December 31, 2022 paid after acceptance check Corp. price comparison expansion
Kaohsiung plant and and price negotiation
Chungli plant None
Facilities and equipment January 1, 2022 - 332,320 Has been paid fully MTS Reliability None - - - - Request for quotation, Facilities and equipment
engineering of ASE December 31, 2022 Technology Co., Ltd. price comparison expansion
Kaohsiung plant and price negotiation
Facilities and equipment January 1, 2022 - 330,815 $12,881 thousand will be Kun Lin Engineering None - - - - Request for quotation, Facilities and equipment None
engineering of ASE December 31, 2022 paid after acceptance check Co., Ltd. price comparison expansion
Kaohsiung plant and price negotiation
Universal Global Technology Facility engineering January 1, 2022 - 515,455 Based on the terms agreed Longhai Engineering None - - - - Bidding For operating purpose None
(Huizhou) Co., Ltd December 31, 2022 upon by both parties Group Corp. Ltd.
SPIL Facility engineering January 1, 2022 - 4,606,546 Based on the terms agreed Chung Yuang Electrical None - - - - Request for quotation, For operating purpose None
December 31, 2022 upon by both parties Consulting Co., Ltd. price comparison
and price negotiation
Facility engineering January 1, 2022 - 4,294,093 Based on the terms agreed Acter Group Corporation None - - - - Request for quotation, For operating purpose None
December 31, 2022 upon by both parties Limited price comparison
Facility engineering January 1, 2022 - 3,063,844 Based on the terms agreed Sheng Yi Fa Construction None - - - - Request for quotation, For operating purpose None
December 31, 2022 upon by both parties Co., Ltd. price comparison
Facility engineering January 1, 2022 - 5,944,159 Based on the terms agreed LeeMing Construction None - - - - Request for quotation, For operating purpose None
December 31, 2022 upon by both parties Co., Ltd. price comparison
Facility engineering January 1, 2022 - 390,732 Based on the terms agreed Tai-Jin Engineering None - - - - Request for quotation, For operating purpose None
December 31, 2022 upon by both parties Technology Co., Ltd. price comparison
Facility engineering January 1, 2022 - 452,245 Based on the terms agreed United Purification None - - - - Request for quotation, For operating purpose None
Facility engineering January 1, 2022 - 548,959 Based on the terms agreed Kang Cheng Technology None - - - - Request for quotation, For operating purpose None
December 31, 2022 upon by both parties Engineering Co., Ltd. price comparison
(Continued)
- 118 -
Prior Transaction of Related Counter-party
Transaction Amount Nature of Purpose of Other
Company Name Types of Property Transaction Date (Tax excluded) Payment Term Counter-party Relationships Owner Relationships Transfer Date Amount Price Reference Acquisition Terms
Siliconware Technology Facilities and equipment September 15, 2022 $ 641,513 Has been paid fully BenQ Materials Corp. None - - - $ - Based on professional For operating purpose and None
(Suzhou) Limited engineering appraisal report sublease for a portion
and the market data
Facility engineering January 1, 2022 - 340,639 Based on the terms agreed Sheng Huei (Suzhou) None - - - - Request for quotation, For operating purpose None
December 31, 2022 upon by both parties Engineering Co., Ltd. price comparison
Facility engineering January 1, 2022 - 419,488 Based on the terms agreed Jiangsu New Power None - - - - Request for quotation, For operating purpose None
- 119 -
TABLE 6
TOTAL PURCHASES FROM OR SALES TO RELATED PARTIES OF AT LEAST NT$100 MILLION OR 20% OF THE PAID-IN CAPITAL
Notes/Accounts Payable or Receivable

Transaction Details Abnormal Transaction
Purchases/ Note
Buyer Related Party Relationships Sales Amount % to Total Payment Terms Unit Price Payment Terms Ending Balance % to Total
ASE ASE (Shanghai) Inc. Subsidiary Purchases $ 2,012,184 3 Net 60 days from the end $ - - $ (651,361 ) (4 ) Note
of the month when
invoice is issued
ASE Electronics Inc. Subsidiary Purchases 2,605,510 3 Net 60 days from the end - - (589,605 ) (4 ) Note
of the month when
invoice is issued
ASE Test Inc. Subsidiary Purchases 143,572 - Net 60 days from the end - - (5 ) - Note
of the month when
invoice is issued
Universal Scientific Industrial Consolidated subsidiary Sales (4,141,833 ) (2 ) Net 60 days from the end - - 1,186,213 4 Note
Co., Ltd. of the month when
invoice is issued
Universal Global Scientific Consolidated subsidiary Sales (2,024,856 ) (1 ) Net 60 days from the end - - 485,369 2 Note
Industrial Co., Ltd. of the month when
invoice is issued
Integrated Solutions Enterprise Europe Subsidiary Sales (325,095 ) - Net 60 days from the end - - 34,442 - Note
of the month when
invoice is issued
ISE Labs, Inc. Subsidiary Sales (265,913 ) - Net 45 days from invoice - - 5,795 - Note
date
ASE Electronics (M) Sdn. Bhd. Subsidiary Sales (286,039 ) - Net 60 days from invoice - - 82,876 - Note
date
ASE Electronics (M) Sdn. Bhd. ASE Electronics Inc. Consolidated subsidiary Purchases 582,984 19 Net 60 days from invoice - - (132,018 ) (27 ) Note
date
ASE Parent company Purchases 286,039 9 Net 60 days from invoice - - (82,876 ) (17 ) Note
date
Advanced Semiconductor ASE (Shanghai) Inc. Parent company Purchases 311,384 100 Net 90 days from the end - - (126,232 ) (100 ) Note
Engineering (HK) Limited of the month when
invoice is issued
Integrated Solutions Enterprise Europe ASE Parent company Purchases 325,095 69 Net 60 days from the end - - (34,750 ) (79 ) Note
of the month when
invoice is issued
ISE Labs, Inc. ASE Parent company Purchases 265,913 42 Net 45 days from invoice - - (5,795 ) (4 ) Note
date
ASE (Shanghai) Inc. ASE Parent company Sales (2,012,184 ) (33 ) Net 60 days from the end - - 652,954 41 Note
of the month when
invoice is issued
Advanced Semiconductor Subsidiary Sales (311,384 ) (5 ) Net 90 days from the end - - 126,293 8 Note
Engineering (HK) Limited of the month when
invoice is issued
(Continued)
- 120 -
Purchases/ Note
ASE Electronics Inc. ASE Parent company Sales $ (2,605,510 ) (46 ) Net 60 days from the end - - $ 621,245 53 Note
of the month when
invoice is issued
ASE Electronics (M) Sdn. Bhd. Consolidated subsidiary Sales (582,984 ) (10 ) Net 60 days from invoice - - 132,432 11 Note
date
SPIL Consolidated subsidiary Sales (438,264 ) (8 ) Net 60 days from the end - - 34,038 3 Note
of the month when
invoice is issued
Universal Global Scientific Consolidated subsidiary Sales (264,948 ) (5 ) Net 60 days from the end - - 36,978 3 Note
Industrial Co., Ltd. of the month when
invoice is issued
ASE Test Inc. ASE Parent company Sales (143,572 ) (1 ) Net 60 days from the end - - 3,089,638 69 Note
of the month when
invoice is issued
Universal Scientific Industrial ASE Consolidated subsidiary Purchases 4,141,833 25 Net 60 days from the end - - (1,186,151 ) (42 ) Note
Co., Ltd. of the month when
invoice is issued
Universal Scientific Industrial Universal Global Scientific Subsidiary Sales (2,880,744 ) (3 ) T/T 75 days - - 247,602 2 Note
(Shanghai) Co., Ltd. Industrial Co., Ltd.
Universal Global Technology Subsidiary Sales (523,497 ) (1 ) T/T 75 days - - 175,380 1 Note
(Shanghai) Co., Limited
Universal Global Technology Universal Global Scientific Consolidated subsidiary Sales (18,402,448 ) (63 ) T/T 75 days - - - - Note
(Kunshan) Co., Ltd. Industrial Co., Ltd. Purchases 186,578 1 T/T 75 days - - - - Note
Taitech Precision Electronic Investments in joint ventures Purchases 171,489 1 Net 120 days from the end - - (87,850 ) (2 ) Note
(Kunshan) Co., Ltd. accounted for using the of the month when
equity method invoice is issued
Universal Global Technology Universal Scientific Industrial Parent company Purchases 523,497 1 T/T 75 days - - (175,355 ) (3 ) Note
(Shanghai) Co., Limited (Shanghai) Co., Ltd.
USI Electronics (Shenzhen) Co., Universal Global Scientific Consolidated subsidiary Sales (7,352,100 ) (41 ) T/T 75 days - - - - Note
Ltd. Industrial Co., Ltd. Purchases 124,536 2 T/T 75 days - - - - Note
Universal Global Technology Consolidated subsidiary Sales (3,324,515 ) (19 ) T/T 75 days - - 688,466 33 Note
(Huizhou) Co., Ltd Purchases 348,965 3 T/T 75 days - - (22,985 ) (3 ) Note
Universal Scientific Industrial Consolidated subsidiary Sales (610,970 ) (3 ) T/T 75 days - - 65,002 3 Note
De Mexico S.A. De C.V.
Universal Global Technology USI Electronics (Shenzhen) Co., Consolidated subsidiary Sales (348,965 ) (5 ) T/T 75 days 27,171 1 Note
(Huizhou) Co., Ltd Ltd. Purchases 3,324,515 42 T/T 75 days - - (688,466 ) (18 ) Note
Universal Global Scientific Consolidated subsidiary Sales (3,742,148 ) (52 ) T/T 75 days - - Note
Industrial Co., Ltd.
Universal Global Scientific Universal Global Technology Consolidated subsidiary Sales (186,578 ) - T/T 75 days - - - - Note
Industrial Co., Ltd. (Kunshan) Co., Ltd. Purchases 18,402,448 27 T/T 75 days - - - - Note
USI Electronics (Shenzhen) Co., Consolidated subsidiary Sales (124,536 ) - T/T 75 days - - - - Note
Ltd. Purchases 7,352,100 11 T/T 75 days - - - - Note
(Continued)
- 121 -
Purchases/ Note
Universal Global Technology Consolidated subsidiary Purchases $ 3,742,148 6 T/T 75 days $ - - $ - - Note
(Huizhou) Co., Ltd
Universal Scientific Industrial Parent company Purchases 2,880,744 4 T/T 75 days - - - - Note
(Shanghai) Co., Ltd.
Memtech Development (H.K.) Investments in joint ventures Purchases 199,450 - Net 120 days from the end - - (73,918 ) (1 ) Note
Co., Limited accounted for using the of the month when
equity method invoice is issued
ASE Consolidated subsidiary Purchases 2,024,856 3 Net 60 days from the end - - (485,369 ) (5 ) Note
of the month when
invoice is issued
ASE Electronics Inc. Consolidated subsidiary Purchases 264,948 - Net 60 days from the end - - (36,978 ) - Note
of the month when
invoice is issued
Universal Scientific Industrial USI Electronics (Shenzhen) Co., Consolidated subsidiary Purchases 610,970 5 T/T 75 days - - (65,002 ) (4 ) Note
De Mexico S.A. De C.V. Ltd.
ASTEELFLASH TUNISIE S.A. ASTEELFLASH FRANCE Consolidated subsidiary Sales (596,855 ) (14 ) Net 30 days from the end - - 148,270 15 Note
of the month when
invoice is issued
ASTEELFLASH FRANCE ASTEELFLASH TUNISIE S.A. Consolidated subsidiary Purchases 596,855 14 Net 30 days from the end - - (148,270 ) (12 ) Note
of the month when
invoice is issued
ASTEELFLASH PLZEN S.R.O. ASTEELFLASH BONN GmbH Consolidated subsidiary Sales (229,115 ) (26 ) Net 30 days from the end - - 25,923 16 Note
of the month when
invoice is issued
ASTEELFLASH HERSFELD GmbH Consolidated subsidiary Sales (181,062 ) (21 ) Net 30 days from the end - - 33,606 21 Note
of the month when
invoice is issued
ASTEELFLASH EBERBACH GmbH Consolidated subsidiary Sales (102,530 ) (12 ) Net 30 days from the end - - 23,568 15 Note
of the month when
invoice is issued
ASTEELFLASH BONN GmbH ASTEELFLASH PLZEN S.R.O. Consolidated subsidiary Purchases 229,115 68 Net 30 days from the end - - (25,923 ) (34 ) Note
of the month when
invoice is issued
ASTEELFLASH HERSFELD GmbH ASTEELFLASH PLZEN S.R.O. Consolidated subsidiary Purchases 181,062 12 Net 30 days from the end - - (33,606 ) (9 ) Note
of the month when
invoice is issued
ASTEELFLASH EBERBACH GmbH ASTEELFLASH PLZEN S.R.O. Consolidated subsidiary Purchases 102,530 16 Net 30 days from the end - - (23,568 ) (20 ) Note
of the month when
invoice is issued
ASTEELFLASH MEXICO S.A. de C.V. ASTEELFLASH USA CORP. Consolidated subsidiary Sales (241,669 ) (100 ) Net 30 days from the end - - 12,103 100 Note
of the month when
invoice is issued
ASTEELFLASH USA CORP. ASTEELFLASH MEXICO S.A. de C.V. Consolidated subsidiary Purchases 241,669 14 Net 30 days from the end - - (12,103 ) (2 ) Note
of the month when
invoice is issued
SPIL ASE Electronics Inc. Consolidated subsidiary Purchases 438,264 1 Net 60 days from the end - - (32,181 ) - Note
of the month when
invoice is issued
Note : All the transactions had been eliminated when preparing consolidated financial statements.
- 122 -
TABLE 7
RECEIVABLES FROM RELATED PARTIES AMOUNTING TO AT LEAST NT$100 MILLION OR 20% OF THE PAID-IN CAPITAL
DECEMBER 31, 2022
Turnover Rate Overdue (Note 1) Amounts Received Allowance for
Company Name Related Party Relationships Ending Balance (Note 1) (Note 2) Amount Actions Taken in Subsequent Period Bad Debts
The Company ASE Subsidiary $ 297,326 (Notes 5) - $ - - $ - $ -
ASE Universal Scientific Industrial Co., Ltd. Consolidated subsidiary 1,186,213 (Note 5) 4 107,889 Continued collection 415,941 -
Universal Global Scientific Industrial Co., Ltd. Consolidated subsidiary 485,369 (Note 5) 4 65,274 Continued collection 258,278 -
ASE Electronics Inc. ASE Parent company 621,792 (Note 5) 4 - - 232,267 -

ASE Electronics (M) Sdn. Bhd. Consolidated subsidiary 132,432 (Note 5) 5 8,913 Continued collection 61,564 -
The Company Ultimate parent company 1,530,000 (Notes 3,5) - - - 220,000 -
ASE Holdings (Singapore) PTE Ltd. ASE Parent company 5,681,350 (Notes 3,5) - - - - -
ISE Labs, Inc. ASE Parent company 929,734 (Note 3,5) 4 - - - -

J&R Holding Limited Parent company 368,520 (Note 3,5) - - - - -
A.S.E. Holding Limited J&R Holding Limited Consolidated subsidiary 1,566,210 (Note 3,5) - - - 153,550 -
ASE Test, Inc. ASE Parent company 3,180,231 (Note 4,5) - - - 1,197,604 -
The Company Ultimate parent company 1,550,000 (Notes 3,5) - - - - -
ASE Test Limited USI Enterprise Limited Consolidated subsidiary 4,176,560 (Note 3,5) - - - - -
J&R Holding Limited Parent company 4,818,399 (Note 3,5) - - - - -
ASE Parent company 4,821,470 (Note 3,5) - - - - -
ASE Japan Co., Ltd. Consolidated subsidiary 122,840 (Note 3,5) - - - - -
ASE (U.S.) Inc. ASE Parent company 332,728 (Note 3,5) 11 - - 82,562 -
ASE (Korea) Inc. ASE Parent company 9,213,000 (Note 3,5) - - - 1,228,400 -
Global Advanced Packaging Technology Ltd. ASE Parent company 26,932,670 (Note 3,5) - - - - -
USI Enterprise Limited Consolidated subsidiary 829,170 (Note 3,5) - - - - -
ASE Mauritius Inc. ASE Parent company 1,381,950 (Note 3,5) - - - - -
ASE Investment (KunShan) Limited ASE Assembly & Test (Shanghai) Limited Consolidated subsidiary 132,804 (Note 3,5) - - - - -
ASE (Shanghai) Inc. Consolidated subsidiary 222,569 (Note 3,5) - - - 44,744 -
Siliconware Technology (Suzhou) Limited Consolidated subsidiary 1,553,008 (Note 3,5) - - - 532,908 -
Alto Enterprises Limited ASE Parent company 1,136,270 (Note 3,5) - - - - -
ASE (Shanghai) Inc. ASE Parent company 652,954 (Note 5) 4 - - 26,789 -

Advanced Semiconductor Subsidiary 126,293 (Note 5) 3 - - - -
Engineering (HK) Limited
Advanced Semiconductor Engineering (China) Siliconware Technology (Suzhou) Limited Consolidated subsidiary 1,024,843 (Note 3,5) - - - - -
Ltd. ASE Assembly & Test (Shanghai) Limited Consolidated subsidiary 1,269,882 (Note 3,5) - - - - -
(Continued)
- 123 -
Turnover Rate Overdue（Note 1） Amounts Received Allowance for
Company Name Related Party Relationships Ending Balance（Note 1）（Note 2） Amount Actions Taken in Subsequent Period Bad Debts
Shanghai Ding Hui Real Estate Development Shanghai Ding Wei Real Estate Development Co., Ltd. Subsidiary $ 1,995,698 (Note 3,5) - $ - - $ - $ -
Co., Ltd. KunShan Ding Hong Real Estate Development Co., Ltd. Subsidiary 359,983 (Note 3,5) - - - 138,488 -
Shanghai Ding Yu Real Estate Development Co., Ltd. Subsidiary 447,649 (Note 3,5) - - - - -
Shanghai Dingyao Estate Development Co.,Ltd. Subsidiary 456,365 (Note 3,5) - - - 142,624 -
ISE labs, China. Ltd. Consolidated subsidiary 486,235 (Note 3,5) - - - 486,235 -
Shanghai Ding Yu Real Estate Development Shanghai Dingyao Estate Development Co.,Ltd. Consolidated subsidiary 178,831 (Note 5) - - - 36,777 -
Co., Ltd.
Real Tech Holdings Limited USI Enterprise Limited Subsidiary 1,197,690 (Note 3,5) - - - - -
USI Enterprise Limited USI Inc. Parent company 1,855,352 (Note 3,5) - - - - -
Universal Scientific Industrial Co., Ltd Universal Global Scientific Industrial Co., Ltd. Parent company 1,315,840 (Note 3,5) - - - - -
USI Electronics (Shenzhen) Co., Ltd. Universal Global Technology (Huizhou) Co., Ltd Consolidated subsidiary 1,240,056 (Note 3,5) 5 - - - -
Universal Global Industrial Co., Limited Consolidated subsidiary 550,284 (Note 5) - - - 100 -
Universal Global Technology (Huizhou) Co., Ltd Universal Global Industrial Co., Limited Consolidated subsidiary 1,523,460 (Note 5) - - - 620,146 -
Universal Global Scientific Industrial Co., Ltd. Universal Scientific Industrial Co., Ltd Subsidiary 153,057 (Note 5) 6 - - - -
Universal Global Technology Co., Limited Universal Scientific Industrial De Mexico S.A. De C.V. Subsidiary 1,842,600 (Note 3,5) - - - - -
Universal Global Technology (Kunshan) Co., Ltd. Consolidated subsidiary 537,056 (Note 5) - - - 84,320 -
Universal Scientific Industrial (Shanghai) Co., Ltd. Parent company 704,009 (Note 5) - - - 202,142 -
Universal Scientific Industrial (France) Subsidiary 973,153 (Note 3,5) - - - - -
ASTEELFLASH USA CORP. Subsidiary 217,220 (Note 3,5) - - - - -
FINANCIERE AFG Subsidiary 1,578,490 (Note 3,5) - - - - -
ASTEELFLASH FRANCE Subsidiary 771,294 (Note 3,5) - - - - -
Universal Global Technology (Kunshan) Universal Global Industrial Co., Limited Consolidated subsidiary 3,857,368 (Note 5) - - - 1,569,151 -
Co., Ltd. SUMA-USI Electronics Co., Ltd. Investments in joint ventures 120,191 (Note 5) - - - - -
accounted for using the
equity method
Universal Scientific Industrial (Shanghai) UNIVERSAL SCIENTIFIC INDUSTRIAL VIETNAM Subsidiary 1,381,950 (Note 3,5) - - - 307,100 -
Co., Ltd. COMPANY LIMITED
Universal Global Technology (Shanghai) Co., Ltd Subsidiary 187,506 (Note 5) 3 - - 39,369 -
Universal Global Technology (Huizhou) Co., Ltd Subsidiary 2,214,614 (Note 3,5) - - - - -
Universal Global Industrial Co., Limited Subsidiary 1,044,677 (Note 5) - - - 465,288 -
Universal Global Scientific Industrial Co., Ltd. Subsidiary 247,602 (Note 5) 23 - - 155,272 -
Universal Scientific Industrial De Mexico S.A. De C.V. Subsidiary 922,380 (Note 3,5) - - - 393 -
USI Inc. Universal Global Scientific Industrial Co., Ltd. Subsidiary 206,129 (Note 5) - - - - -
Universal Global Technology (Shanghai) Co., Ltd Universal Global Technology (Kunshan) Co., Ltd. Consolidated subsidiary 1,336,048 (Note 3,5) - - - 2,734 -
Universal Global Industrial Co., Limited Universal Global Technology (Huizhou) Co., Ltd Consolidated subsidiary 253,314 (Note 5) - - - 142,255 -
Universal Global Scientific Industrial Co., Ltd. Consolidated subsidiary 5,585,556 (Note 5) - - - 2,398,383 -
USI America Inc. ASTEELFLASH USA CORP. Consolidated subsidiary 123,946 (Note 3,5) - - - - -
Universal Scientific Industrial (France) ASTEELFLASH TUNISIE S.A. Subsidiary 416,057 (Note 3,5) - - - - -
ASTEELFLASH HERSFELD GmbH Subsidiary 298,708 (Note 3,5) - - - - -
(Continued)
- 124 -
Turnover Rate Overdue（Note 1） Amounts Received Allowance for
Company Name Related Party Relationships Ending Balance（Note 1）（Note 2） Amount Actions Taken in Subsequent Period Bad Debts
Asteelflash Suzhou Co., Ltd. Universal Global Technology Co., Limited Parent company $ 1,639,088 (Notes 3,5) - $ - - $ - -
ASTEELFLASH TUNISIE S.A. Consolidated subsidiary 371,704 (Notes 3,5) - - - - -
FINANCIERE AFG ASTEELFLASH (BEDFORD) LIMITED Subsidiary 137,445 (Note 3,5) - - - - -

ASTEELFLASH USA CORP Subsidiary 120,849 (Note 3,5) - - - - -
ASTEELFLASH PLZEN S.R.O. Subsidiary 139,310 (Note 3,5) - - - - -
ASTEELFLASH TUNISIE S.A. Subsidiary 633,939 (Note 5) - - - - -
ASTEELFLASH MEXICO SOCIEDAD SA de CV ASTEELFLASH USA CORP Consolidated subsidiary 142,972 (Note 5) 3 - - - -
ASTEELFLASH USA CORP ASTEELFLASH MEXICO SOCIEDAD SA de CV Consolidated subsidiary 125,037 (Note 5) - - - - -
ASTEELFLASH TUNISIE S.A. ASTEELFLASH FRANCE Consolidated subsidiary 148,270 (Note 5) 5 - - - -
ASTEELFLASH FRANCE FINANCIERE AFG Parent company 106,688 (Note 5) - - - - -
SPIL Siliconware Technology (Suzhou) Limited Subsidiary 3,371,975 (Note 3,5) 3 5,351 Continued collection 246,205 -
The Company Ultimate parent company 1,000,000 (Note 3,5) - - - - -
(Continued)
Note 1: Include trade receivables and other receivables.
Note 2: Exclude other receivables.
Note 3: Intercompany loan (refer to Table 1) and receivables of selling machinery and equipment.
Note 4: Turnkey transaction.
Note 5: All the transactions had been eliminated when preparing consolidated financial statements.
(Concluded)
.
- 125 -
TABLE 8
NAMES, LOCATION, AND RELATED INFORMATION OF INVESTEES OVER WHICH THE COMPANY EXERCISES SIGNIFICANT INFLUENCE
Original Investment Amount Balance as of December 31, 2022

Percentage of Net Income Share of Profits/Losses
Investor Company Investee Company Location Main Businesses and Products December 31, 2022 December 31, 2021 Shares Ownership Carrying Value (Losses) of the Investee of Investee (Note 1) Note
The Company ASE Taiwan Engaged in the packaging and testing of semiconductors $ 183,660,039 $ 183,660,039 5,994,143,764 100 $ 142,475,904 $ 36,960,792 $ 36,904,160 Subsidiary
SPIL Taiwan Engaged in assembly, testing and turnkey services of 173,657,530 173,657,530 3,785,748,878 100 164,635,609 22,714,468 18,184,959 Subsidiary
integrated circuits
USI Inc. Taiwan Investment activities 33,362,556 33,362,556 2,926,735,620 100 45,114,733 8,368,562 8,294,004 Subsidiary
ASE Social Enterprise Co., Ltd Taiwan Engaged in social services 50,000 - 5,000,000 100 50,103 104 104 Subsidiary
ASE A.S.E. Holding Limited Bermuda Investment activities US$ 268,966 thousand US$ 283,966 thousand 228,966 100 20,287,809 1,318,034 (Note 2) Subsidiary
J & R Holding Limited Bermuda Investment activities US$ 279,693 thousand US$ 479,693 thousand 235,128 100 80,435,250 1,249,069 (Note 2) Subsidiary
ASE Marketing & Service Japan Co., Ltd. Japan Engaged in marketing and customer service of packaging JPY 60,000 thousand JPY 60,000 thousand 1,200 100 40,051 3,600 (Note 2) Subsidiary
and testing of semiconductors
Omniquest Industrial Limited British Virgin Islands Investment activities US$ 254,604 thousand US$ 254,604 thousand 254,604,067 71 12,896,006 1,161,039 (Note 2) Subsidiary
Innosource Limited British Virgin Islands Investment activities US$ 86,100 thousand US$ 86,100 thousand 86,100,000 100 4,901,074 271,567 (Note 2) Subsidiary
HCK Taiwan Engaged in the leasing of real estate properties $ 390,470 $ 390,470 35,497,273 27 244,516 ( 52,145 ) (Note 2) Associate
HC Taiwan Engaged in the development, construction and 2,845,913 2,845,913 68,629,782 26 1,603,973 305,126 (Note 2) Associate
leasing of real estate properties
ASE Test, Inc. Taiwan Engaged in the testing of semiconductors 20,698,867 20,698,867 1,131,452,502 100 30,631,529 6,203,204 (Note 2) Subsidiary
Luchu Development Corporation Taiwan Engaged in the development of real estate properties 1,366,238 1,366,238 145,178,015 67 1,421,195 3,260 (Note 2) Subsidiary
Deca Technologies Inc. U.S.A Holding company with group engaged in the development US$ 54,402 thousand US$ 54,402 thousand 8,592,129 18 54,040 ( 21,255 ) (Note 2) Associate
of wafer level packaging and interconnect technology
AMPI Taiwan Engaged in integrated circuit $ 178,861 $ 178,861 8,327,113 8 81,350 244,086 (Note 2) Subsidiary
ASE Electronics (M) Sdn. Bhd. Malaysia Engaged in the packaging and testing of integrated circuits US$ 187,894 thousand - 159,715,000 100 6,297,312 987,359 (Note 2) Subsidiary
ASE Singapore Pte. Ltd. Singapore Engaged in the testing of semiconductors US$ 195,137 thousand - 30,100,000 100 6,200,044 750,652 (Note 2) Subsidiary
ASE Test, Inc. Alto Enterprises Limited British Virgin Islands Investment activities US$ 188,000 thousand US$ 188,000 thousand 188,000,000 100 4,813,455 499,450 (Note 2) Subsidiary
Super Zone Holdings Limited Hong Kong Investment activities US$ 100,000 thousand US$ 100,000 thousand 100,000,000 100 3,167,629 95,735 (Note 2) Subsidiary
Luchu Development Corporation Taiwan Engaged in the development of real estate properties $ 372,504 $ 372,504 40,981,245 19 401,076 3,260 (Note 2) Subsidiary
TLJ Intertech Inc. Taiwan Engaged in information software services 89,998 89,998 2,119,080 60 58,343 7,276 (Note 2) Subsidiary
AMPI Taiwan Engaged in integrated circuit 475,000 475,000 47,500,000 43 359,997 244,086 (Note 2) Subsidiary
A.S.E. Holding Limited ASE Test Limited Singapore Investment activities US$ 72,866 thousand US$ 84,889 thousand 8,839,316 10 US$ 106,956 thousand US$ 77,885 thousand (Note 2) Subsidiary
ASE Investment (Labuan) Inc. Malaysia Investment activities US$ 169,643 thousand US$ 169,643 thousand 169,642,842 70 US$ 496,659 thousand US$ 49,365 thousand (Note 2) Subsidiary
ASE Technology Partners, Limited British Cayman Islands Investment activities US$ 430 thousand US$ 320 thousand 430,001 100 US$ 376 thousand ( US$ 22 thousand ) (Note 2) Subsidiary
INTEGRATED SOLUTIONS ENTERPRISE Belgium Engaged in trading activity US$ 3,002 thousand US$ 3,002 thousand 186 100 US$ 4,397 thousand US$ 1,798 thousand (Note 2) Subsidiary
EUROPE
ASE Technology Partners, Limited ASE Technology Acquisition Corporation British Cayman Islands Investment activities US$ 380 thousand US$ 300 thousand 5,750,000 100 US$ 356 thousand ( US$ 12 thousand ) (Note 2) Subsidiary
J & R Holding Limited ASE Test Limited Singapore Investment activities US$ 858,556 thousand US$ 964,524 thousand 77,928,405 90 US$ 1,058,449 thousand US$ 77,885 thousand (Note 2) Subsidiary
Omniquest Industrial Limited British Virgin Islands Investment activities US$ 30,200 thousand US$ 30,200 thousand 30,200,000 8 US$ 51,501 thousand US$ 38,312 thousand (Note 2) Subsidiary
J&R Industrial Inc. Taiwan Engaged in leasing equipment US$ 16,886 thousand US$ 16,886 thousand 4,207,353 100 US$ 1,505 thousand US$ 5 thousand (Note 2) Subsidiary
ASE Japan Co., Ltd. Japan Engaged in the packaging and testing of semiconductors US$ 25,606 thousand US$ 25,606 thousand 7,200 100 US$ 50,026 thousand ( US$ 7,608 thousand ) (Note 2) Subsidiary
ASE (U.S.) Inc. U.S.A After-sales service and sales support US$ 4,600 thousand US$ 4,600 thousand 1,000 100 US$ 23,863 thousand US$ 1,667 thousand (Note 2) Subsidiary
Global Advanced Packaging Technology British Cayman Islands Investment activities US$ 647,384 thousand US$ 647,384 thousand 376,040,939 100 US$ 1,602,725 thousand ( US$ 22,237 thousand ) (Note 2) Subsidiary
Limited
ASE Investment (Labuan) Inc. ASE (Korea) Inc. Korea Engaged in the manufacturing of substrates and US$ 234,050 thousand US$ 234,050 thousand 20,741,363 100 US$ 707,427 thousand US$ 49,126 thousand (Note 2) Subsidiary
components of telecomm
ASE Test Limited ASE Holdings (Singapore) Pte Ltd Singapore Investment activities US$ 65,520 thousand US$ 65,520 thousand 71,428,902 100 US$ 188,316 thousand US$ 30,943 thousand (Note 2) Subsidiary
ASE Test Holdings, Ltd. British Cayman Islands Investment activities US$ 222,399 thousand US$ 222,399 thousand 5 100 US$ 110,038 thousand US$ 2,790 thousand (Note 2) Subsidiary
ASE Investment (Labuan) Inc. Malaysia Investment activities US$ 72,304 thousand US$ 72,304 thousand 72,304,040 30 US$ 211,640 thousand US$ 49,365 thousand (Note 2) Subsidiary
ASE Singapore Pte. Ltd. Singapore Engaged in the testing of semiconductors US$ - thousand US$ 55,815 thousand - - US$ - thousand US$ - thousand (Note 2) Subsidiary
(Continued)
- 126 -
ASE Test Holdings, Ltd. ISE Labs, Inc. U.S.A Engaged in the testing of semiconductors US$ 221,145 thousand US$ 221,145 thousand 26,250,000 100 US$ 110,037 thousand US$ 2,790 thousand (Note 2) Subsidiary
ISE Labs, Inc. ISE Service, Inc. U.S.A Engaged in wafer procurement and customer product US$ 0.001 thousand US$ 0.001 thousand 1,000 100 US$ 3,655 thousand US$ 3,271 thousand (Note 2) Subsidiary
management services
Chipletz, Inc. U.S.A Engaged in fabless substrate design US$ 8,000 thousand US$ 8,000 thousand 3,245,436 21 US$ 4,742 thousand ( US$ 4,218 thousand ) (Note 2) Associate
ASE Holdings (Singapore) Pte Ltd. ASE Electronics (M) Sdn. Bhd. Malaysia Engaged in the packaging and testing of integrated circuits US$ - thousand US$ 60,000 thousand - - US$ - thousand US$ - thousand (Note 2) Subsidiary
Omniquest Industrial Limited ASE Corporation British Cayman Islands Investment activities US$ 356,284 thousand US$ 356,284 thousand 356,284,067 100 US$ 611,308 thousand US$ 38,316 thousand (Note 2) Subsidiary
ASE Corporation ASE Mauritius Inc. Mauritius Investment activities US$ 217,800 thousand US$ 217,800 thousand 217,800,000 100 US$ 459,630 thousand US$ 16,414 thousand (Note 2) Subsidiary
ASE Labuan Inc. Malaysia Investment activities US$ 126,184 thousand US$ 126,184 thousand 126,184,067 100 US$ 147,699 thousand US$ 21,388 thousand (Note 2) Subsidiary
ASE Labuan Inc. ASE Electronics Inc. Taiwan Engaged in the production of substrates US$ 125,813 thousand US$ 125,813 thousand 398,981,900 100 US$ 147,163 thousand US$ 21,397 thousand (Note 2) Subsidiary
Innosource Limited Omniquest Industrial Limited British Virgin Islands Investment activities US$ 74,000 thousand US$ 74,000 thousand 74,000,000 21 US$ 126,123 thousand US$ 38,312 thousand (Note 2) Subsidiary
ASE (Shanghai) Inc. Advanced Semiconductor Engineering Hong Kong Engaged in the trading of substrates US$ 1,000 thousand US$ 1,000 thousand - 100 US$ 10,282 thousand US$ 3 thousand (Note 2) Subsidiary
(HK) Limited
USI Inc. Huntington Holdings International Co. Ltd. British Virgin Islands Holding company $ 8,370,606 $ 8,370,606 255,856,840 100 $ 61,652,572 $ 9,648,485 (Note 2) Subsidiary
Huntington Holdings International Unitech Holdings International Co. Ltd. British Virgin Islands Holding company US$ 3,000 thousand US$ 3,000 thousand 3,000,000 100 US$ 7,896 thousand ( US$ 4,572 thousand ) (Note 2) Subsidiary
Co., Ltd. Real Tech Holdings Limited British Virgin Islands Holding company US$ 149,151 thousand US$ 149,151 thousand 149,151,000 100 US$ 1,996,245 thousand US$ 328,039 thousand (Note 2) Subsidiary
Universal ABIT Holding Co., Ltd. British Cayman Islands Holding company US$ 28,125 thousand US$ 28,125 thousand 90,000,000 100 US$ 13 thousand US$ - thousand (Note 2) Subsidiary
Real Tech Holdings Limited USI Enterprise Limited Hong Kong Engaged in the services of investment advisory and US$ 210,900 thousand US$ 210,900 thousand 210,900,000 100 US$ 1,950,417 thousand US$ 327,952 thousand (Note 2) Subsidiary
warehousing management
Universal Scientific Industrial Universal Global Technology Co., Limited Hong Kong Holding company RMB 2,796,632 thousand RMB 2,189,946 thousand 3,187,660,985 100 RMB 6,943,204 thousand RMB 1,038,298 thousand (Note 2) Subsidiary
(Shanghai) Co., Ltd. FINANCIERE AFG France Holding company RMB 393,342 thousand RMB 393,342 thousand 8,317,462 10 RMB 429,018 thousand RMB 221,854 thousand (Note 2) Subsidiary
Universal Global Technology Co., Universal Global Industrial Co., Limited Hong Kong Engaged in trading and investing activity US$ 11,000 thousand US$ 11,000 thousand 85,800,000 100 US$ 15,533 thousand US$ 1,261 thousand (Note 2) Subsidiary
Limited Universal Global Electronics Co., Ltd. Hong Kong Engaging in ordering and outsourcing, selling electronic US$ 51,000 thousand US$ 51,000 thousand 51,000,000 100 US$ 61,288 thousand US$ 8,368 thousand (Note 2) Subsidiary
products, and providing technical consulting services
M-Universe Investments Pte. Ltd. Singapore Holding company US$ 58,688 thousand US$ 58,688 thousand 59,157,419 42 US$ 68,078 thousand US$ 16,500 thousand (Note 2) Associate
Universal Global Scientific Industrial Taiwan Engaged in the manufacturing of components of US$ 62,235 thousand US$ 62,235 thousand 198,000,000 100 US$ 373,720 thousand US$ 96,743 thousand (Note 2) Subsidiary
Co., Ltd. telecomm and cars and provision of related
R&D services
USI Japan Co., Ltd. Japan Engaged in the manufacturing and sale of computer US$ 885 thousand US$ 885 thousand 6,400 100 US$ 1,022 thousand US$ 34 thousand (Note 2) Subsidiary
peripherals, integrated chip and other
related accessories
Universal Scientific Industrial De Mexico Mexico Engaged in the assembling of motherboards and US$ 63,963 thousand US$ 63,963 thousand 1,258,077,325 100 US$ 75,835 thousand US$ 5,437 thousand (Note 2) Subsidiary
S.A. De C.V. computer components
USI America Inc. U.S.A Engaged in the manufacturing and processing of US$ 9,500 thousand US$ 9,500 thousand 250,000 100 US$ 7,375 thousand US$ 423 thousand (Note 2) Subsidiary
motherboards and wireless network communication
and provision of related technical service
Universal Scientific Industrial (France) France Holding company US$ 372,200 thousand US$ 372,200 thousand 321,374,822 100 US$ 395,591 thousand US$ 24,545 thousand (Note 2) Subsidiary
Universal Scientific Industrial Vietnam Vietnam Engaged in IC assembly for wearable devices US$ 100,000 thousand US$ 80,000 thousand 100,000,000 100 US$ 99,414 thousand US$ 6,666 thousand (Note 2) Subsidiary
Company Limited
Universal Global Industrial Universal Scientific Industrial De Mexico Mexico Engaged in the assembling of motherboards and US$ - thousand US$ - thousand 1 - US$ - thousand US$ 5,437 thousand (Note 2) Subsidiary
Co., Limited S.A. De C.V. computer components
Universal Global Scientific Universal Scientific Industrial Co., Ltd. Taiwan Engaged in the manufacturing, processing and $ 1,791,208 $ 1,791,208 139,972,740 100 $ 3,917,167 $ 309,954 (Note 2) Subsidiary
Industrial Co., Ltd. sale of computers, computer peripherals
MUtek Electronics Co., Ltd. Taiwan Engaged in the manufacturing computer and 29,400 - 2,940,000 49 26,591 ( 5,733 ) (Note 2) Associate
peripheral equipment and electronics components
(Continued)
- 127 -
Universal Global Electronics Universal Scientific Industrial Poland Sp. z o.o. Poland Engaged in the design, manufacturing and processing of US$ 34,656 thousand US$ 34,656 thousand 1,617,046 100 US$ 39,834 thousand US$ 7,323 thousand (Note 2) Subsidiary
Co., Ltd. electronic products
Universal Scientific Industrial FINANCIERE AFG France Holding company EUR 318,899 thousand EUR 318,899 thousand 71,530,174 90 EUR 361,468 thousand EUR 31,127 thousand (Note 2) Subsidiary
(France)
SPIL SPIL (B.V.I.) Holding Limited British Virgin Islands Investment activities US$ 199,400 thousand US$ 199,400 thousand 199,400,000 100 $ 19,931,969 $ 3,302,014 (Note 2) Subsidiary
Siliconware Investment Co., Ltd. Taiwan Investment activities $ - $ 2,401,000 - - - - (Note 4) Subsidiary
ChipMOS Technologies Inc. Taiwan Engaged in the packaging and testing of semiconductors 1,309,699 1,309,699 78,910,390 11 2,754,679 (Note 3) (Note 2) Associate
Vertical Circuits, Inc. U.S.A Engaged in the packaging of semiconductors US$ 5,000 thousand US$ 5,000 thousand 15,710,000 31 - - (Note 2) Associate
Yann Yuan Investment Co., Ltd. Taiwan Investment activities $ 2,400,000 $ - 144,000,000 28 7,616,780 1,325,247 (Note 2) Associate
Siliconware Investment Co., Ltd. Yann Yuan Investment Co., Ltd. Taiwan Investment activities $ - $ 2,400,000 - - - - (Note 4) Associate
SPIL (B.V.I.) Holding Limited Siliconware USA, Inc. U.S.A Communications and relationship maintenance with US$ 1,250 thousand US$ 1,250 thousand 1,250,000 100 $ 340,208 $ 36,731 (Note 2) Subsidiary
companies headquartered in North America
SPIL (Cayman) Holding Limited British Cayman Islands Investment activities US$ 201,200 thousand US$ 201,200 thousand 201,200,000 100 19,715,597 3,264,678 (Note 2) Subsidiary
(Concluded)
Note 1: The share of profits/losses of investee includes the effect of unrealized gross profit on intercompany transaction.
Note 2: The share of profits/losses of investee company is not reflected herein as such amount is already included in the share of profits/losses of the investor company.
Note 3: Please refer to the Market Observation Post System website.
Note 4: Siliconware Investment Co., Ltd. were merged by SPIL in March, 2022,
- 128 -
TABLE 9
INFORMATION ON INVESTMENT IN MAINLAND CHINA

Accumulated amount of Amount remitted from Taiwan to Accumulated amount of Investment income (loss) Accumulated amount of
remittance from Taiwan Mainland China/Amount remitted back to remittance from Taiwan Net income of investee Ownership held recognised by the Company Book value of investments in investment income
Investment to Mainland China Taiwan for the year ended December 31, 2022 to Mainland China for the year ended by the Company for the year ended Mainland China as of remitted back to Taiwan
Investee Company Main Business Activities Paid-in Capital Method as of January 1, 2022 Remitted to Mainland China Remitted back to Taiwan as of December 31, 2022 December 31, 2022 (direct or indirect) December 31, 2022 December 31, 2022 as of December 31, 2022
ASE (Shanghai) Inc. Engaged in the production of $ 4,349,312 Note 1 (1) $ 4,782,216 $ - $ - $ 4,782,216 $ 381,739 100 $ 381,739 $ 13,081,986 None
substrates ( US$ 148,496 thousand ) ( US$ 149,800 thousand ) ( US$ 149,800 thousand ) ( US$ 12,399 thousand ) ( US$ 12,399 thousand ) ( US$ 425,985 thousand )
(Note 7) (Note 7 ) (Note 3 ) (Note 3 )
ASE Assembly & Test (Shanghai) Engaged in the packaging and 3,117,117 Note 1 (2) 2,574,458 - - 2,574,458 (78,689 ) 100 (78,689 ) 12,980,674 None
Limited testing of semiconductors ( US$ 103,580 thousand ) ( US$ 80,000 thousand ) ( US$ 80,000 thousand ) ( US$ -2,752 thousand ) ( US$ -2,752 thousand ) ( US$ 422,686 thousand )
(Note 2 ) (Note 2 )
Suzhou ASEN Semiconductors Engaged in the packaging and - Note 1 13,574,763 - - 13,574,763 - - - - None
Co., Ltd...etc four companies testing of semiconductors ( US$ 429,600 thousand ) ( US$ 429,600 thousand )
(Note 7 ) (Note 7 )
Shanghai Ding Hui Real Estate Engaged in the development, 16,345,070 (Note 2) - - - - (787,891 ) 100 (792,296 ) 19,085,419 None
Development Co., Ltd. construction and sale of real ( RMB 3,600,000 thousand ) (Note 1.2 ) (Note 1.2 ) ( RMB -178,834 thousand ) ( RMB -179,837 thousand ) ( RMB 4,328,307 thousand )
estate properties (Note 3 ) (Note 3 )
Shanghai Ding Wei Real Estate Engaged in the development, 8,061,489 (Note 2) - - - - (342,046 ) 100 (342,046 ) 5,661,568 None
Development Co., Ltd. construction and sale of real ( RMB 1,798,000 thousand ) (Note 1.2 ) (Note 1.2 ) ( RMB -77,568 thousand ) ( RMB -77,568 thousand ) ( RMB 1,283,965 thousand )
Shanghai Ding Yu Real Estate Engaged in the development, 4,936,538 (Note 2) - - - - (328,625 ) 100 (328,625 ) 4,254,845 None
Development Co., Ltd. construction and sale of real ( RMB 1,100,000 thousand ) (Note 1.2 ) (Note 1.2 ) ( RMB -74,512 thousand ) ( RMB -74,512 thousand ) ( RMB 964,939 thousand )
Kun Shan Ding Hong Real Estate Engaged in the development, 3,139,662 (Note 2) - - - - (29,858 ) 100 (29,858 ) 2,848,858 None
Development Co., Ltd. construction and sale of real ( RMB 670,000 thousand ) (Note 1.2 ) (Note 1.2 ) ( RMB -6,771 thousand ) ( RMB -6,771 thousand ) ( RMB 646,081 thousand )
Advanced Semiconductor Engage in the packaging and 3,149,000 Note 1 (3) 3,149,000 - - 3,149,000 95,754 100 95,754 3,167,531 None
Engineering (China) Ltd. testing of semiconductors ( US$ 100,000 thousand ) ( US$ 100,000 thousand ) ( US$ 100,000 thousand ) ( US$ 3,225 thousand ) ( US$ 3,225 thousand ) ( US$ 103,143 thousand )
(Note 2 ) (Note 2 )
ASE Investment (Kun Shan) Holding company 3,705,121 Note 1 (4) 3,717,318 - - 3,717,318 430,242 100 430,242 3,083,294 None
Limited ( US$ 122,000 thousand ) ( US$ 122,000 thousand ) ( US$ 122,000 thousand ) ( US$ 14,156 thousand ) ( US$ 14,156 thousand ) ( US$ 100,400 thousand )
(Note 8 ) (Note 2 ) (Note 2 )
Wuxi Tongzhi Microelectronics Engage in the packaging and 356,682 (Note 2) - - - - 58,700 100 58,700 467,550 None
Co., Ltd. testing of semiconductors ( RMB 73,461 thousand ) (Note 1.2 ) (Note 1.2 ) ( RMB 13,275 thousand ) ( RMB 13,275 thousand ) ( RMB 106,034 thousand )
(Note 2 ) (Note 2 )
Shanghai Ding Qi Property Engaged in the management of 5,078 (Note 2) - - - - (18,732 ) 100 (18,732 ) 29,399 ) None
Management Co., Ltd. real estate properties ( RMB 1,000 thousand ) (Note 1.2 ) (Note 1.2 ) ( RMB -4,283 thousand ) ( RMB -4,283 thousand ) ( RMB -6,667 thousand )
(Note 3 ) (Note 3 )
Shanghai Dingfan Business Commercial complex management 9,487 (Note 2) - - - - (1,300 ) 100 (1,300 ) 1,642 None
Management Co., Ltd services and department store ( RMB 2,000 thousand ) (Note 1.2 ) (Note 1.2 ) ( RMB -295 thousand ) ( RMB -295 thousand ) ( RMB 372 thousand )
trading (Note 3 ) (Note 3 )
Shanghai Ding Xu Property Engaged in the management of 22,860 (Note 2) - - - - 10,353 100 10,353 48,094 None
Management Co., Ltd. real estate properties ( RMB 5,000 thousand ) (Note 1.2 ) (Note 1.2 ) ( RMB 2,345 thousand ) ( RMB 2,345 thousand ) ( RMB 10,907 thousand )
(Note 3 ) (Note 3 )
(Continued)
- 129 -
Accumulated amount of Amount remitted from Taiwan to Accumulated amount of Investment income (loss) Accumulated amount of
remittance from Taiwan Mainland China/Amount remitted back to remittance from Taiwan Net income of investee Ownership held recognised by the Company Book value of investments in investment income
Investment to Mainland China Taiwan for the year ended December 31, 2022 to Mainland China for the year ended by the Company for the year ended Mainland China as of remitted back to Taiwan
Investee Company Main Business Activities Paid-in Capital Method as of January 1, 2022 Remitted to Mainland China Remitted back to Taiwan as of December 31, 2022 December 31, 2022 (direct or indirect) December 31, 2022 December 31, 2022 as of December 31, 2022
ISE labs, China. Ltd. Engage in the packaging and 432,703 (Note 2) - - - - 9,949 100 9,949 443,554 None
testing of semiconductors ( RMB 100,000 thousand ) (Note 1.2 ) (Note 1.2 ) ( RMB 2,239 thousand ) ( RMB 2,239 thousand ) ( RMB 100,592 thousand )
(Note 2 ) (Note 2 )
Shanghai Dingyao Estate Engaged in the management of 42,142 (Note 2) - - - - (52,273 ) 100 (58,132 ) (250,351 ) None
Development Co.,Ltd. real estate properties ( RMB 10,000 thousand ) (Note 1.2 ) (Note 1.2 ) ( RMB -11,956 thousand ) ( RMB -13,312thousand ) ( RMB -56,776 thousand )
(Note 3 ) (Note 3 )
USI Electronics (Shenzhen) Engaged in the processing 2,270,625 Note 1 (5) 1,180,746 - - 1,180,746 823,885 78 658,066 5,375,361 $ 1,842,387
Co., Ltd and sales of computer and ( US$ 75,000 thousand ) ( RMB 186,786 thousand ) ( US$ 22,305 thousand ) ( US$ 175,036 thousand ) ( US$ 62,297 thousand )
communication peripherals as (Note 4 ) (Note 4 )
well as business in import and
export of goods and technology
Universal Scientific Industrial Engaged in the designing, 10,783,527 Note 1 (5) 1,668,233 - - 1,668,233 13,500,531 78 10,542,781 54,202,990 2,230,984
(Shanghai) Co., Ltd. manufacturing and sale of ( RMB 2,206,864 thousand ) ( US$ 450,069 thousand ) ( US$ 351,457 thousand ) ( US$ 1,764,995 thousand ) ( US$ 74,333 thousand )
electronic components (Note 4 ) (Note 4 )
Universal Global Technology Engaged in the designing and 2,488,323 (Note 2) - - - - 1,829,789 78 1,428,409 6,342,911 None
(Kunshan) Co., Ltd. manufacturing of electronic ( RMB 550,000 thousand ) (Note 1.2 ) (Note 1.2 ) ( RMB 414,922 thousand ) ( RMB 323,921 thousand ) ( RMB 1,438,498 thousand )
components (Note 4 ) (Note 4 )
Universal Global Technology Engaged in the processing and sales 6,652,140 (Note 2) - - - - 1,939,104 78 1,514,602 7,020,292 None
(Shanghai) Co., Ltd. of computer and communication ( RMB 1,330,000 thousand ) (Note 1.2 ) (Note 1.2 ) ( RMB 439,658 thousand ) ( RMB 343,409 thousand ) ( RMB 1,592,120 thousand )
peripherals as well as business in (Note 4 ) (Note 4 )
technology
Universal Global Electronics Engaged in the sale of electronic 240,850 (Note 2) - - - - 16,577 78 12,948 227,076 None
(Shanghai) Co., Ltd. components and ( RMB 50,000 thousand ) (Note 1.2 ) (Note 1.2 ) ( RMB 3,744 thousand ) ( RMB 2,924 thousand ) ( RMB 51,498 thousand )
telecommunications equipment (Note 4 ) (Note 4 )
SUMA-USI Engaged in the design and 963,033 (Note 2) - - - - 213,568 38 81,704 381,278 None
production of electronic ( RMB 220,000 thousand ) (Note 1.2 ) (Note 1.2 ) ( RMB 48,589 thousand ) ( RMB 18,589 thousand ) ( RMB 86,469 thousand )
products
Universal Global Technology Engaged in the reserch and 3,492,881 (Note 2) - - - - 21,692 78 8,902 2,709,402 None
(Huizhou) Co., Ltd manufacturing of new electroic ( RMB 800,000 thousand ) (Note 1.2 ) (Note 1.2 ) ( RMB 4,724 thousand ) ( RMB 1,163 thousand ) ( RMB 614,461 thousand )
applications, communication, (Note 4 ) (Note 4 )
computers and other electroics
products and also provided auxiliary
technical services as well as import
and export services
USI Science and Technology Engaged in the design of electronic 65,795 (Note 2) - - - - 11,789 78 9,210 64,934 None
(Shenzhen) Co., Ltd. components, service of technical ( RMB 15,000 thousand ) (Note 1.2 ) (Note 1.2 ) ( RMB 2,658 thousand ) ( RMB 2,076 thousand ) ( RMB 14,726 thousand )
advisory; wholesale of electronic . (Note 4 ) (Note 4 )
components and communication
management of properties.
ASTEELFLASH SUZHOU Engaged in the design, manufacturing 512,640 (Note 3) - - - - 589,952 78 460,486 4,435,209 None
CO., LTD. and processing of electronic ( US$ 18,000 thousand ) (Note 1.3 ) (Note 1.3 ) ( US$ 19,713 thousand ) ( US$ 15,386 thousand ) ( US$ 144,422 thousand )
products (Note 10 ) (Note 10 )
Questyle Audio Engineering Co., Ltd Research and development on 29,416 (Note 2) - - - - - 5 - 9,041 None
technology and sales of electronic ( RMB 6,623 thousand ) (Note 1.2 ) (Note 1.2 ) (Note 11 ) (Note 11 ) ( RMB 2,050 thousand )
products, digital products, audio
equipment and spare parts, domestic
trading; import and export business.
Siliconware Technology (Suzhou) Engage in the packaging and 8,243,861 Note 1 (6) 6,774,513 - - 6,774,513 3,219,051 100 3,261,699 19,176,644 None
Limited testing of semiconductors ( US$ 248,816 thousand ) ( US$ 195,000 thousand ) ( US$ 195,000 thousand ) (Note 2 ) (Note 2 )
( (Concluded)
- 130 -
Investment Amounts
Accumulated Investment in Mainland Authorized by Investment
Investee Company China as of December 31, 2021 Commission, MOEA Upper Limit on Investment
ASE $ 15,203,097 $ 10,905,250 $ - (Note 5)
( US$471,400 thousand) ( US$ 337,284 thousand ) (Note 7)
ASE Test, Inc. 8,878,838 3,149,000 18,374,240 (Note 6)
( US$288,000 thousand) ( US$ 100,000 thousand )
USI Inc. 2,848,979 32,402,458 - (Note 5)
( US$ 1,027,240 thousand )
SPIL 6,774,513 8,189,882 - (Note 5)
( US$195,000 thousand) ( US$ 268,989 thousand ) (Note 12)
Note 1: The investment methods are as follows:
1. Investments through a holding company registered in a third region. The holding companies are as follow:
(1) ASE Mauritius Inc., ASE Corporation, Omniquest Industrial Limited, Innosource Limited and J&R Holding Limited.
(2) Global Advanced Packaging Technology Limited and J&R Holding Limited.
(3) Super Zone Holdings Limited.
(4) Alto Enterprises Limited.
(5) Real Tech Holdings Limited and Huntington Holdings International Co. Ltd.
(6) SPIL (Cayman) Holding Limited.
2. Invested by companies in mainland China.
3. Invested in other way.

(Continued)
- 131 -
Note 2: The basis for investment income (loss) recognition is from the financial statements audited and attested by R.O.C. parent company’s CPA.
Note 3: The basis for investment income (loss) recognition is from the financial statements audited and attested by international accounting firm which has cooperative relationship with accounting firm in R.O.C.
Note 4: The basis for investment income (loss) recognition is from the financial statements audited and attested by other CPA in the same accounting firm with R.O.C. parent company’s CPA.
Note 5: Pursuant to the Jing-Shen-Zi Letter No. 09704604680 of the Ministry of Economic Affairs, R.O.C amended 'Guidelines Governing the Review of Investment or Technical Cooperation in the Mainland Area' dated August 29, 2008 and
effective August 1 of the same year, as the Company has obtained the certificate of being qualified for operating headquarters, issued by the Industrial Development Bureau, MOEA, and meet the criteria of multinational enterprise, the
ceiling amount of the investment in Mainland China is not applicable to the Company.
Note 6: The upper limit on investment of ASE Test, Inc. is calculated as follow: $ 30,623,734 × 60% = 18,374,240.
Note 7: ASE Inc and ASE Test Inc. has US$134,116 thousand and US$188,000 thousand difference between MOEA approved investment amount and accumulated outflow of investment from Taiwan includes:
(1) US$141,600 thousand and US$188,000 thousand were recognized by the MOEA as an decrease in net investment due to equity transfering ASE (Kunshan) Inc., ASE (WeiHai) Inc., ASE Advanced Semiconductor (Shanghai) Limited.
and Suzhou ASEN Semiconductors Co., Ltd. to ASMPT Hong Kong Holding Limited.
(2) US$707 thousand and US$6,777 thousand were recognized by the MOEA as an increase in net investment due to transferring of ASE (Shanghai) Inc.’s equity from ASE Assembly & Test (Shanghai) Limited and ASE Module
(Shanghai) Inc. to ASE Mauritius Inc. and due to the merger of ASE Module (Shanghai) Inc. by ASE (Shanghai) Inc., respectively.
Note 8: ASE Test Inc. through a holding company registered in a third region indirectly invested ASE Investment (Kunshan) Limited and ASE Investment (Kunshan) Limited invested ASE (Kunshan) Inc.
Note 9: ASE Investment (Kunshan) Limited decreased capital by cash US$20,000 thousand and returned to ASE Assembly & Test (Shanghai) Limited.
Note 10: The difference of US$73,989 thousand between the MOEA approved investment amount and accumulated outflow of investment from Taiwan was capital increased by earnings.
Note 11: The basis for investment income (loss) recognition is from the financial statements audited and attested by other CPA.
(Concluded)
- 132 -
TABLE 10
INTERCOMPANY RELATIONSHIPS AND SIGNIFICANT INTERCOMPANY TRANSACTIONS

Intercompany Transactions
Percentage of
Consolidated Net Revenue
No. Company Name Related Party Nature of Relationships Financial Statement Account Amount (Note 2) Terms (Note 1) or Total Assets
0 The Company ASE Electronics Inc. Parent company to subsidiary Other payables $ 1,530,000 - -
ASE Test, Inc. Parent company to subsidiary Other payables 1,550,000 - -
SPIL Parent company to subsidiary Other payables 1,000,000 - -
ASE Parent company to subsidiary Other receivables 202,503 - -
1 ASE ASE Test, Inc. Subsidiary to subsidiary Other payables 3,134,957 - -
Subsidiary to subsidiary Purchase of property, plant 276,197 - -
and equipment
Universal Scientific Industrial Co., Ltd. Subsidiary to subsidiary Trade receivables 1,186,213 - -
Subsidiary to subsidiary Operating revenues 4,141,833 - 1
Universal Global Scientific Industrial Co., Ltd. Subsidiary to subsidiary Trade receivables 485,369 - -
Subsidiary to subsidiary Operating revenues 2,024,856 - -
ASE (Shanghai) Inc. Subsidiary to subsidiary Trade payables 651,361 - -
Subsidiary to subsidiary Operating costs 1,813,131 - -
ASE (U.S.) Inc. Subsidiary to subsidiary Operating expenses 1,128,966 - -
Subsidiary to subsidiary Other payables 332,728 - -
ASE Electronics Inc. Subsidiary to subsidiary Trade payables 589,605 - -
Subsidiary to subsidiary Operating costs 2,595,600 - -
ASE (Korea) Inc. Subsidiary to subsidiary Other payables 9,213,000 - 1
Operating expenses 277,439 - -
ISE Labs, Inc. Subsidiary to subsidiary Other payables 929,734 - -
ISE Services, Inc Subsidiary to subsidiary Operating revenues 265,913 - -
Integrated Solutions Enterprise Europe Subsidiary to subsidiary Operating revenues 325,095 - -
Global Advanced Packaging Technology Limited Subsidiary to subsidiary Other liabilities 26,932,670 - 4
ASE Mauritius Inc. Subsidiary to subsidiary Other liabilities 1,381,950 - -
Alto Enterprises Limited Subsidiary to subsidiary Other liabilities 1,136,270 - -
ASE Holdings (Singapore) PTE Ltd Subsidiary to subsidiary Other liabilities 5,681,350 - 1
ASE Test Limited Subsidiary to subsidiary Other liabilities 4,821,470 - 1
ASE Electronics (M) Sdn. Bhd. Subsidiary to subsidiary Operating revenues 286,039 - -
2 ASE Electronics Inc. ASE Electronics (M) Sdn. Bhd. Subsidiary to subsidiary Operating revenues 582,984 - -
Subsidiary to subsidiary Trade receivables 132,433 - -
Universal Global Scientific Industrial Co., Ltd. Subsidiary to subsidiary Operating revenues 264,948 - -
SPIL Subsidiary to subsidiary Operating revenues 438,264 - -
3 ASE Test, Inc. Siliconware Technology (Suzhou) Limited Subsidiary to subsidiary Sales of property, plant 109,222 - -
and equipment
ASE (U.S.) Inc. Subsidiary to subsidiary Operating expenses 110,225 - -
4 ASE (Shanghai) Inc. Advanced Semiconductor Engineering (HK) Limited Subsidiary to subsidiary Operating revenues 311,384 - -
ASE Investment (Kunshan) Inc. Subsidiary to subsidiary Other payables 222,569 - -
5 ASE Assembly & Test (Shanghai) Limited ASE Investment (Kunshan) Inc. Subsidiary to subsidiary Other payables 132,804 - -
6 ASE (Korea) Inc. ASE (U.S.) Inc. Subsidiary to subsidiary Operating expenses 104,699 - -
(Continued)
- 133 -
Percentage of
7 ASE Investment (Kunshan) Inc. Siliconware Technology (Suzhou) Limited Subsidiary to subsidiary Other receivables $ 1,553,008 - -
8 USI Enterprise Limited ASE (U.S.) Inc. Subsidiary to subsidiary Operating expenses 141,694 - -
9 A.S.E Holding Limited J&R Holding Limited Subsidiary to subsidiary Other assets 1,566,210 - -
10 ISE Labs,Inc. J&R Holding Limited Subsidiary to subsidiary Other assets 368,520 - -
11 Global Advanced Packaging Technology Limited USI Enterprise Limited Subsidiary to subsidiary Other receivables 829,170 - -
12 ASE Test Limited USI Enterprise Limited Subsidiary to subsidiary Other assets 4,176,560 - 1
J & R Holding Limited Subsidiary to subsidiary Other assets 4,818,399 - 1
ASE Japan Co., Ltd. Subsidiary to subsidiary Other assets 122,840 - -
13 Shanghai Ding Hui Real Estate Shanghai Ding Yu Real Estate Development Co., Ltd. Subsidiary to subsidiary Other receivables 447,649 - -
Development Co., Ltd. Shanghai Ding Wei Real Estate Development Co., Ltd. Subsidiary to subsidiary Other receivables 1,995,698 - -
Shanghai Dingyao Estate Development Co., Ltd. Subsidiary to subsidiary Other receivables 456,365 - -
Kun Shan Ding Hong Real Estate Development Co., Ltd Subsidiary to subsidiary Other receivables 359,983 - -
ISE Labs, China, Ltd. Subsidiary to subsidiary Other receivables 486,235 - -
14 Shanghai Ding Yu Real Estate Development Shanghai Dingyao Estate Development Co., Ltd. Subsidiary to subsidiary Trade receivables 178,831 - -
Co.,Ltd. Subsidiary to subsidiary Operating revenues 404,384 - -
15 ISE Labs, China, Ltd. Universal Global Industrial Co., Limited Subsidiary to subsidiary Purchase of property, plant 196,147 - -
and equipment
16 Advanced Semiconductor Engineering (China) Ltd. Siliconware Technology (Suzhou) Limited Subsidiary to subsidiary Other receivables 1,024,842 - -
ASE Assembly & Test (Shanghai) Limited Subsidiary to subsidiary Other receivables 1,269,882 - -
17 USI Inc. Universal Global Scientific Industrial Co., Ltd. Subsidiary to subsidiary Other receivables 206,129 - -
18 Universal Scientific Industrial (Shanghai) Co., Ltd. Universal Global Industrial Co., Limited Subsidiary to subsidiary Trade receivables 964,156 - -
Universal Global Scientific Industrial Co., Ltd. Subsidiary to subsidiary Operating revenues 2,880,744 - -
Universal Scientific Industrial De Mexico S.A. De C.V. Subsidiary to subsidiary Other receivables 921,300 - -
Universal Global Technology (Shanghai) Co., Ltd Subsidiary to subsidiary Operating revenues 525,393 - -
Universal Global Technology (Huizhou) Co., Ltd Subsidiary to subsidiary Other receivables 2,214,529 - -
Universal Scientific Industrial Vietnam company Limited Subsidiary to subsidiary Other receivables 1,381,950 - -
19 Universal Global Industrial Co., Limited USI Electronics (Shenzhen) Co., Ltd. Subsidiary to subsidiary Other payables 550,284 - -
Universal Global Scientific Industrial Co., Ltd. Subsidiary to subsidiary Other receivables 5,585,556 - 1
Universal Global Technology (Kunshan) Co., Ltd. Subsidiary to subsidiary Other payables 3,857,368 - 1
Universal Global Technology (Huizhou) Co., Ltd Subsidiary to subsidiary Other receivables 253,314 - -
Subsidiary to subsidiary Other payables 1,523,460 - -
20 Universal Global Technology Co., Limited Universal Scientific Industrial (Shanghai) Co., Ltd. Subsidiary to subsidiary Other receivables 704,009 - -
Universal Scientific Industrial De Mexico S.A. De C.V. Subsidiary to subsidiary Other assets 1,842,600 - -
Universal Global Technology (Kunshan) Co., Ltd. Subsidiary to subsidiary Other receivables 537,056 - -
Universal Scientific Industrial (France) Subsidiary to subsidiary Other assets 966,281 - -
ASTEELFLASH USA CORP. Subsidiary to subsidiary Other assets 214,970 - -
ASTEELFLASH FRANCE Subsidiary to subsidiary Other receivables 771,294 - -
FINANCIERE AFG Subsidiary to subsidiary Other assets 1,572,254 - -
21 Universal Global Scientific Industrial Co., Ltd. Universal Scientific Industrial Co., Ltd Subsidiary to subsidiary Operating revenues 547,768 - -
Subsidiary to subsidiary Other payables 1,315,840 - -
(Continued)
- 134 -
Percentage of
USI Electronics (Shenzhen) Co., Ltd. Subsidiary to subsidiary Operating revenues $ 212,501 - -
Universal Global Industrial Co., Limited Subsidiary to subsidiary Operating revenues 327,176 - -
Universal Global Technology (Kunshan) Co., Ltd. Subsidiary to subsidiary Operating revenues 259,879 - -
Universal Global Technology (Huizhou) Co., Ltd Subsidiary to subsidiary Operating revenues 128,273 - -
22 USI Electronics (Shenzhen) Co., Ltd. Universal Global Scientific Industrial Co., Ltd. Subsidiary to subsidiary Operating revenues 7,352,100 - 1
Universal Scientific Industrial De Mexico S.A. De C.V. Subsidiary to subsidiary Operating revenues 610,970 - -
Universal Global Technology (Huizhou) Co., Ltd Subsidiary to subsidiary Trade receivables 688,466 - -
Subsidiary to subsidiary Other receivables 551,590 - -
Subsidiary to subsidiary Operating revenues 3,324,515 - -
23 Universal Global Technology (Kunshan) Co., Ltd. Universal Global Scientific Industrial Co., Ltd. Subsidiary to subsidiary Operating revenues 18,402,461 - 3
24 Universal Global Technology (Shanghai) Co., Ltd. Universal Global Technology (Kunshan) Co., Ltd. Subsidiary to subsidiary Other assets 1,322,833 - -
25 USI Enterprise Limited Universal Scientific Industrial (Shanghai) Co., Ltd. Subsidiary to subsidiary Financial assets at fair value 7,271,258 - 1
through profit or loss -
current
Real Tech Holdings Limited Subsidiary to subsidiary Other liabilities 1,197,690 - -
USI Inc. Subsidiary to subsidiary Other receivables 1,855,352 - -
26 USI America Inc. Universal Global Technology Co., Limited Subsidiary to subsidiary Operating revenues 245,614 - -
ASTEELFLASH USA CORP. Subsidiary to subsidiary Other receivables 123,946 - -
27 Universal Scientific Industrial (France) ASTEELFLASH TUNISIE S.A. Subsidiary to subsidiary Other assets 415,992 - -
ASTEELFLASH HERSFELD GmbH Subsidiary to subsidiary Other assets 298,073 - -
28 Universal Global Technology (Huizhou) Co., Ltd USI Electronics (Shenzhen) Co., Ltd. Subsidiary to subsidiary Operating revenues 356,052 - -
Universal Global Scientific Industrial Co., Ltd. Subsidiary to subsidiary Operating revenues 3,742,148 - -
29 Asteelflash Suzhou Co., Ltd. Universal Global Technology Co., Limited Subsidiary to subsidiary Other assets 1,627,630 - -
ASTEELFLASH TUNISIE S.A. Subsidiary to subsidiary Other receivables 368,520 - -
30 ASTEELFLASH USA CORP. ASTEELFLASH MEXICO S.A. de C.V. Subsidiary to subsidiary Other receivables 125,037 - -
31 ASTEELFLASH MEXICO S.A. de C.V. ASTEELFLASH USA CORP. Subsidiary to subsidiary Other receivables 130,869 - -
Subsidiary to subsidiary Operating revenues 241,669 - -
32 FINANCIERE AFG ASTEELFLASH (BEDFORD) LIMITED Subsidiary to subsidiary Other assets 131,786 - -
ASTEELFLASH USA CORP. Subsidiary to subsidiary Trade receivables 120,849 - -
ASTEELFLASH PLZEŇ S.R.O. Subsidiary to subsidiary Other assets 134,297 - -
ASTEELFLASH TUNISIE S.A. Subsidiary to subsidiary Other assets 610,322 - -
33 ASTEELFLASH TUNISIE S.A. ASTEELFLASH FRANCE Subsidiary to subsidiary Operating revenues 596,855 - -
(Continued)
- 135 -
Percentage of
34 ASTEELFLASH PLZEN S.R.O. ASTEELFLASH BONN GmbH Subsidiary to subsidiary Operating revenues $ 229,115 - -
ASTEELFLASH HERSFELD GmbH Subsidiary to subsidiary Operating revenues 181,062 - -
ASTEELFLASH EBERBACH GmbH Subsidiary to subsidiary Operating revenues 102,530 - -
35 SPIL Siliconware Technology (Suzhou) Limited Subsidiary to subsidiary Other receivables 3,367,273 - -
Subsidiary to subsidiary Other revenues 363,723 - -
Subsidiary to subsidiary Purchase of property, plant 220,506 - -
and equipment
Subsidiary to subsidiary Sales of property, plant 1,101,562 - -
and equipment
Siliconware USA, Inc. Subsidiary to subsidiary Operating expenses 549,183 - -
(Concluded)
Note 1: The sales prices and payment terms of intercompany sales are not significantly different from those to third parties. For other intercompany transactions, prices and terms are determined in accordance with mutual agreements.
Note 2: All the transactions had been eliminated when preparing consolidated financial statements.
- 136 -
TABLE 11
ASE TECHNOLOGY HOLDING CO., LTD.
INFORMATION OF MAJOR SHAREHOLDERS

DECEMBER 31, 2022
Shares
Percentage of
Name of Major Shareholder Number of Shares
Ownership (%)
A.S.E. Enterprises Limited 684,327,886 15.66%
Citibank Taiwan: custody of ASE Depository Certificates 314,327,740 7.19%
HSBC: custody of the Company's investment account of value investing company 265,024,820 6.06%
Note 1: The information of major shareholders presented in this table is provided by Taiwan Depository & Clearing Corporation based on the number of ordinary shares
and preferred shares held by shareholders with ownership of 5% or greater, that have been issued without physical registration (included treasury shares) by the
Company as of the last business day for the current quarter. The share capital in the consolidated financial statements may differ from the actual number of shares
that have been issued without physical registration because of different preparation basis.
Note 2: If a shareholder delivers their shareholdings to the trust, the above information will be disclosed by the individual trustee who opened the trust account. For
shareholders who declare insider shareholdings with ownership greater than 10% in accordance with Security and Exchange Act, the shareholdings include
shares held by shareholders and those delivered to the trust over which shareholders have rights to determine the use of trust property. For information relating
to insider shareholding declaration, please refer to Market Observation Post System.
- 137 -

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ASE Technology Holding Co., Ltd.

Very truly yours,

ASE Technology Holding Co., Ltd.

JASON C.S. CHANG

December 31, 2022 December 31, 2021

Total current assets 300,367,224 42 292,357,728 43

Total non-current assets 406,701,149 58 380,576,557 57

TOTAL $ 707,068,373 100 $ 672,934,285 100

December 31, 2022 December 31, 2021

For the Year Ended December 31

OPERATING REVENUE (Note 41) $ 670,872,643 100 $ 569,997,133 100

OPERATING COSTS (Notes 11 and 25) 535,942,631 80 459,628,356 81

GROSS PROFIT 134,930,012 20 110,368,777 19

OPERATING EXPENSES (Note 25)

Total operating expenses 54,754,429 8 48,244,428 8

PROFIT FROM OPERATIONS 80,175,583 12 62,124,349 11

NON-OPERATING INCOME AND EXPENSES

Total non-operating income and expenses 1,450,130 - 18,211,058 3

PROFIT BEFORE INCOME TAX 81,625,713 12 80,335,407 14

INCOME TAX EXPENSE (Note 26) 16,398,575 2 14,321,826 3

NET PROFIT FOR THE PERIOD 65,227,138 10 66,013,581 11

OTHER COMPREHENSIVE INCOME (LOSS)

For the Year Ended December 31

NET PROFIT ATTRIBUTABLE TO:

TOTAL COMPREHENSIVE INCOME

EARNINGS PER SHARE (Note 27)

Equity Attributable to Owners of the Company

BALANCE AT JANUARY 1, 2021

Appropriation of 2021 earnings

Equity Attributable to Owners of the Company

For the Year Ended December 31

CASH FLOWS FROM OPERATING ACTIVITIES

For the Year Ended December 31

CASH FLOWS FROM INVESTING ACTIVITIES

Net cash used in investing activities (73,951,874 ) (49,091,569 )

CASH FLOWS FROM FINANCING ACTIVITIES

For the Year Ended December 31

EFFECTS OF EXCHANGE RATE CHANGES ON

NET INCREASE (DECREASE) IN CASH AND CASH

CASH AND CASH EQUIVALENTS AT THE BEGINNING

CASH AND CASH EQUIVALENTS AT THE END OF

2. APPROVAL OF FINANCIAL STATEMENTS

3. APPLICATION OF NEW, AMENDED AND REVISED STANDARDS AND INTERPRETATIONS

New, Revised or Amended Standards and Interpretations Effective Date

Amendments to IAS 1 “Disclosure of Accounting Policies” January 1, 2023 (Note 1)

1) Amendments to IAS 1 “Disclosure of Accounting Policies”

Amendments to IFRS 10 and IAS 28 “Sale or Contribution of Assets To be determined by IASB

1) Amendments to IAS 1 “Classification of Liabilities as Current or Non-current” (referred to as the

4. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

3) Level 3 inputs are unobservable inputs for an asset or a liability.

1) Principles for preparing consolidated financial statements

Universal Global Electronics USI Science and Technology

ASTEELFLASH GERMANY Engaged in the design and Germany - 100.0

Siliconware Investment Co., Engaged in investing activities (merged R.O.C. - 100.0

g. Inventories and inventories related to real estate business

h. Investments in associates and joint ventures

i. Property, plant and equipment

Freehold land is not depreciated.

Depreciation is recognized using the straight-line method.