HSINCHU, Taiwan, June 9, 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 May
2017.
Revenue for the month of May 2017,
was NT$1,526.1 million or
US$50.7 million, a decrease of 4.9%
from the month of April 2017 and an
increase of 3.7% from the same period in 2016. Revenue from
ChipMOS Shanghai has been excluded from all periods. All U.S.
figures in this release are based on the exchange rate of
NT$30.11 to US$1.00 as of May 31,
2017.
Consolidated
Monthly Revenues (Unaudited, Excludes Revenue from ChipMOS
Shanghai)
|
|
May 2017
|
April 2017
|
May 2016
|
MoM Change
|
YoY Change
|
Revenues
(NT$
million)
|
1,526.1
|
1,604.1
|
1,471.6
|
-4.9%
|
3.7%
|
Revenues
(US$
million)
|
50.7
|
53.3
|
48.9
|
-4.9%
|
3.7%
|
Note (1): In March 2017, the
Company completed the sale and transfer of 54.98% equity interests
of its wholly-owned subsidiary ChipMOS Shanghai to strategic
investors. Under Taiwan-International Financial Reporting
Standards, starting in Q1 2017 the revenue generated by ChipMOS
Shanghai is no longer included in the Company's consolidated
revenue. The Company, however, recognizes 45.02% of the net
income generated from ChipMOS Shanghai on an ongoing basis.
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS)
(http://www.chipmos.com) is an industry leading provider of
outsourced 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 may contain 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 may 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. Further
information regarding these risks, uncertainties and other factors
are included in the Company's most recent Annual Report on Form
20-F filed with the U.S. Securities and Exchange commission (the
"SEC") and in the Company's other filings with the 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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visit:http://www.prnewswire.com/news-releases/chipmos-reports-may-2017-revenue-300471552.html
SOURCE ChipMOS TECHNOLOGIES INC.