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Apple supplier ASE upbeat on second half

Chip assembler sees 'healthy product cycles' after inventory correction

ASE chief operating officer Tien Wu said the first half of this year was slow as the industry dealt with inventory correction. (Photo by Cheng Ting-fang)

TAIPEI -- Taiwan's Advanced Semiconductor Engineering, the world's largest chip assembler and a key supplier to Apple, said on Friday it was optimistic about the second half of 2017, although the industry suffered a slower first half due to inventory correction and lackluster smartphone demand.

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