ADV SEMICON ADR (ASX) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of ADV SEMICON ADR (ASX) from NEUTRAL to OUTPERFORM on January 31, 2013, with a target price of $4.70.

Advanced Semiconductor Engineering, Inc. is an independent provider of semiconductor packaging services and semiconductor testing services, including front-end engineering testing, wafer probing and final testing services. The company offers packaging and testing services separately and on a turnkey basis. Turnkey services consist of integrated packaging, testing and direct shipment of semiconductors to end users designated by customers. The company is able to expand the traditional scope of turnkey services to offer total semiconductor manufacturing services to customers.

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