HSINCHU, Feb. 7, 2024
/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 2024
increased 28.4% on a year over year basis. All U.S. dollar figures
cited in this press release are based on the exchange rate of
NT$31.29 to US$1.00 as of January 31,
2024.
Revenue for the month of January
2024 was NT$1,708.5
million or US$54.6 million,
representing a decrease of 9.2% from December 2023, and an increase of 28.4% from
January 2023. The Company noted that
it is benefitting from continued improved inventory stabilization
and demand recovery in its memory products. This strength is
helping to offset the ongoing impact of broader market softness due
to conservatism in order patterns and end demand related inventory
management.
Consolidated Monthly
Revenues (Unaudited)
|
|
January
2024
|
December
2023
|
January 2023
|
MoM Change
|
YoY Change
|
Revenues
(NT$
million)
|
1,708.5
|
1,881.5
|
1,330.2
|
-9.2 %
|
28.4 %
|
Revenues
(US$
million)
|
54.6
|
60.1
|
42.5
|
-9.2 %
|
28.4 %
|
About ChipMOS TECHNOLOGIES INC.:
ChipMOS
TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock
Exchange: 8150 and NASDAQ: IMOS) (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 is known for its track record
of excellence and history of innovation. The Company provides
end-to-end assembly and test services to leading fabless
semiconductor companies, integrated device manufacturers and
independent semiconductor foundries serving virtually all end
markets worldwide.
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, strategies, 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
Jesse Huang
ChipMOS TECHNOLOGIES
INC.
+886-6-5052388 ext.
7715
IR@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 INC.