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Significant Contingent Liabilities and Unrecognized Commitments | 12 Months Ended
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Dec. 31, 2024
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Significant Contingent Liabilities and Unrecognized Commitments |
3 7. | 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, 2023 and 2024, unused letters of credit of the Group were approximately NT$134,000 thousand and NT$3,139,000 thousand (US$95,730 thousand), respectively.
| b. | As of December 31, 2023 and 2024, letters of bank guarantee provided to customs for the import and export of goods with bank facilities granted to the Group were approximately NT$645,255 thousand and NT$708,130 thousand (US$21,596 thousand), respectively.
| c. | As of December 31, 2023 and 2024, the Group’s outstanding commitments to purchase property, plant and equipment were approximately NT$56,943,589 thousand and NT$118,263,200 thousand (US$3,606,685 thousand), respectively, of which NT$9,016,441 thousand and NT$5,890,890 thousand (US$179,655 thousand) had been prepaid, respectively.
| d. | The Group entered into long-term purchase agreements of materials and supplies with multiple suppliers. The relative minimum purchase quantity is specified in the agreements.
| e. | The Group entered into long-term agreements with multiple customers. The relative minimum order quantity from customers and minimum purchase quantity of materials from suppliers are specified in the agreements.
| f. | In consideration of corporate social responsibility, the board of directors of ASE resolved the contributions of NT$ 10,000 thousand (US$ 305 thousand) in December 2024, to ASE Cultural and Educational Foundation for promoting the cultural and educational activities.
| 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. In December 2024, the board of directors of ASE resolved the contributions of NT$100,000 thousand (US$3,050 thousand) to ASE Environmental Protection and Sustainability Foundation.

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