HSINCHU, Taiwan, Oct. 6, 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
September 2017 and for the third
quarter ended September 30,
2017. Both periods exclude revenue from ChipMOS Shanghai (see
Note 1 below).
Revenue for the third quarter of 2017, was NT$4,431.1 million or US$146.1 million, representing a decrease of 2.4%
from the second quarter of 2017, and a decrease of 7.1% from the
third quarter of 2016.
Revenue for the month of September
2017, was NT$1,534.2 million
or US$50.6 million, an increase of
3.7% from the month of August 2017
and a decrease of 4.6% from the same period in
2016.
All U.S. dollar figures cited in this press release are based on
the exchange rate of NT$30.33 to
US$1.00 as of September 29, 2017.
Consolidated
Monthly Revenues (Unaudited, Excludes Revenue from ChipMOS
Shanghai)
|
|
September
2017
|
August
2017
|
September
2016
|
MoM Change
|
YoY Change
|
Revenues
(NT$
million)
|
1,534.2
|
1,479.3
|
1,608.4
|
3.7%
|
-4.6%
|
Revenues
(US$
million)
|
50.6
|
48.8
|
53.0
|
3.7%
|
-4.6%
|
Consolidated
Quarterly Revenues (Unaudited; Excludes Revenue from ChipMOS
Shanghai)
|
|
Third Quarter
2017
|
Second Quarter
2017
|
Third Quarter
2016
|
QoQ Change
|
YoY Change
|
Revenues
(NT$
million)
|
4,431.1
|
4,541.2
|
4,769.0
|
-2.4%
|
-7.1%
|
Revenues
(US$
million)
|
146.1
|
149.7
|
157.2
|
-2.4%
|
-7.1%
|
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. G.S.
Shen
ChipMOS TECHNOLOGIES
INC.
+886-6-505-2388
ext.7109
g.s._shen@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.