ChipMOS REPORTS FEBRUARY 2018 REVENUE

HSINCHU, Taiwan, March 9, 2018 — (PRNewswire) —

HSINCHU, Taiwan, March 9, 2018 /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 February 2018.  All U.S. dollar figures cited in this press release are based on the exchange rate of NT$29.32 to US$1.00 as of February 28, 2018.

Revenue for the month of February 2018, was NT$1,210.4 million or US$41.3 million, a decrease of 9.5% from the month of January 2018 and a decrease of 14.8% from the same period in 2017. February, as is typical, was impacted by both seasonally softer demand in the first quarter and a fewer number of working days in the month due to Chinese New Year closures. Based on historical trends, the Company expects revenue in March will be sequentially higher than February, with the first quarter overall typically representing the low point for the year due to the above noted factors.

Consolidated Monthly Revenues (Unaudited)



February 2018

January 2018

February 2017

MoM Change

YoY Change

Revenues

(NT$ million)

1,210.4

1,337.0

1,421.0

-9.5%

-14.8%

Revenues

(US$ million)

41.3

45.6

48.5

-9.5%

-14.8%

 

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. ChipMOS along with strategic investors, also owns an advanced facility in Shanghai.

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.

+886-3-5668877

g.s._shen@chipmos.com

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com

 

Cision View original content: http://www.prnewswire.com/news-releases/chipmos-reports-february-2018-revenue-300611374.html

SOURCE ChipMOS TECHNOLOGIES INC.

Contact:
Company Name: ChipMOS TECHNOLOGIES INC.
Web: http://www.chipmos.com
Financial data for ChipMOS TECHNOLOGIES INC.




Review Article Be the first to review this article
Featured Video
Editorial
Latest Blog Posts
Industry ExpertsMCADCafe Editorial
by Industry Experts
MCADCafe Industry Predictions for 2022 – Xometry
Jobs
Engineering / Software Sales Representative for Azore CFD Software at Livonia, Michigan
ASIC Architects and Hardware Engineers at D. E. Shaw Research for D. E. Shaw Research at New York, New York
Fluid Dynamic Engineer / CFD Developer for Azore CFD Software at Livonia, Michigan
GIS Analyst for New Mexico Gas Company, Inc. at Albuquerque -New Mexico, Wyoming
Upcoming Events
3DEXPERIENCE FORUM 2022 at Diplomat Beach Resort Hollywood FL - Jun 6 - 8, 2022
Smart Manufacturing Experience at Pittsburgh PA - Jun 7 - 9, 2022
HxGN LIVE Global 2022 - Future of Manufacturing at Las Vegas NV - Jun 20 - 23, 2022



© 2022 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise