HSINCHU, Taiwan, Feb. 10, 2017 /PRNewswire-FirstCall/ -- ChipMOS
TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock
Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of
outsourced semiconductor assembly and test services ("OSAT"), today
reported its unaudited consolidated revenue for the month of
January 2017.
Revenue for the month of January
2017, excluding revenue from ChipMOS TECHNOLOGIES
(Shanghai) LTD. ("ChipMOS
Shanghai"), was NT$1,556.5 million or
US$49.9 million, a decrease of 2.0%
from the month of December 2016 and
an increase of 3.3% from the same period in 2016. The figures
noted below in Table 1 exclude revenue from ChipMOS Shanghai under
International Financial Reporting Standards Note
(1). The figures referenced in Table 2 below reflect
the inclusion of revenue from ChipMOS Shanghai.
All U.S. figures in this release are based on the exchange rate
of NT$31.19 to US$1.00 as of January 31,
2017.
Table 1:
Consolidated Monthly Revenues (Unaudited; Excludes ChipMOS Shanghai
Revenue) Note (1)
|
|
January
2017
|
December
2016
|
January
2016
|
MoM Change
|
YoY Change
|
Revenues
(NT$
million)
|
1,556.5
|
1,587.7
|
1,506.5
|
-2.0%
|
3.3%
|
Revenues
(US$
million)
|
49.9
|
50.9
|
48.3
|
-2.0%
|
3.3%
|
Note (1): On November 30, 2016,
the Company held a meeting of its Board of Directors and approved
the authorization of its subsidiary, ChipMOS TECHNOLOGIES (BVI)
LTD., to sell and transfer 54.98% equity interests of the
wholly-owned subsidiary ChipMOS Shanghai. As a result, ChipMOS
Shanghai was classified under International Financial Reporting
Standards as a discontinued operation of ChipMOS and the revenue
generated by ChipMOS Shanghai was excluded from the revenue
disclosed above as it will be on an ongoing basis. The Company
will, however, recognize 45.02% of the net income generated from
ChipMOS Shanghai upon closure of its proposed joint-venture
agreement, as announced on November
30, 2016. As of December 31,
2016, the transaction was subject to regulator's approval
and the Company had not yet transferred equity interest to the
transaction counterparties.
Below table reflects monthly revenue including revenue generated
by ChipMOS Shanghai.
Table 2:
Consolidated Monthly Revenues (Unaudited; Includes ChipMOS Shanghai
Revenue)
|
|
January
2017
|
December
2016
|
January
2016
|
MoM Change
|
YoY Change
|
Revenues
(NT$
million)
|
1,635.2
|
1,677.6
|
1,601.3
|
-2.5%
|
2.1%
|
Revenues
(US$
million)
|
52.4
|
53.8
|
51.3
|
-2.5%
|
2.1%
|
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan
Stock Exchange: 8150 and NASDAQ: IMOS) (http://www.chipmos.com ) is
an industry leading provider of semiconductor assembly and test
services. With advanced facilities in Hsinchu Science Park, Hsinchu
Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS provide assembly and test
services to a broad range of customers, including leading fabless
semiconductor companies, integrated device manufacturers and
independent semiconductor foundries.
Forward-Looking Statements
This press release contains certain forward-looking statements.
These forward-looking statements may be identified by words such as
'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,'
'should,' 'seeks,' 'estimates,' 'future' or similar expressions or
by discussion of, among other things, strategy, goals, plans or
intentions. These statements include financial projections and
estimates and their underlying assumptions, statements regarding
plans, objectives and expectations with respect to future
operations, products and services, and statements regarding future
performance. Actual results may differ materially in the future
from those reflected in forward-looking statements contained in
this document, due to various factors. These risks and
uncertainties include those discussed under "Cautionary Statement
Concerning Forward Looking Statements" and "Risk Factors" in the
prospectus included in the registration statement on Form F-4 that
ChipMOS filed with the U.S. SEC.
Contacts:
In Taiwan
Dr. S.K.
Chen
ChipMOS TECHNOLOGIES
INC.
+886-6-507-7712
s.k._chen@chipmos.com
|
In the
U.S.
David
Pasquale
Global IR
Partners
+1-914-337-8801
dpasquale@globalirpartners.com
|
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SOURCE ChipMOS TECHNOLOGIES (Bermuda) LTD.