ChipMOS REPORTS 15.4% YoY GROWTH IN AUGUST 2024 REVENUE, UP 2.5% MoM
ChipMOS Technologies Inc. (IMOS) reported strong financial results for August 2024, with revenue reaching NT$2,115.8 million (US$66.2 million). This represents a 15.4% year-over-year increase and a 2.5% month-over-month growth. The company attributes its success to improved utilization rates and continued healthy demand for display driver ICs (DDIC). ChipMOS also noted generally lean and healthy broader inventory levels, contributing to its positive performance. As an industry-leading provider of outsourced semiconductor assembly and test services (OSAT), ChipMOS's strong financial results reflect a positive trend in the semiconductor industry.
ChipMOS Technologies Inc. (IMOS) ha riportato risultati finanziari solidi per agosto 2024, con un fatturato che ha raggiunto NT$2.115,8 milioni (US$66,2 milioni). Questo rappresenta un incremento del 15,4% rispetto all'anno precedente e una crescita del 2,5% rispetto al mese precedente. L'azienda attribuisce il suo successo a tassi di utilizzo migliorati e a una continuativa domanda sana per i circuiti integrati per driver di visualizzazione (DDIC). ChipMOS ha anche osservato inventari generalmente snelli e sani, contribuendo così alla sua performance positiva. In qualità di fornitore leader del settore di servizi di assemblaggio e test di semiconduttori esternalizzati (OSAT), i solidi risultati finanziari di ChipMOS riflettono una tendenza positiva nel settore dei semiconduttori.
ChipMOS Technologies Inc. (IMOS) reportó resultados financieros sólidos para agosto de 2024, con ingresos que alcanzaron NT$2,115.8 millones (US$66.2 millones). Esto representa un incremento del 15.4% en comparación con el año anterior y un crecimiento del 2.5% en comparación con el mes anterior. La compañía atribuye su éxito a tasas de utilización mejoradas y a una demanda continua y saludable de circuitos integrados para controladores de pantalla (DDIC). ChipMOS también mencionó Niveles de inventario generalmente bajos y saludables, lo que contribuye a su desempeño positivo. Como proveedor líder en la industria de servicios de ensamblaje y prueba de semiconductores externalizados (OSAT), los sólidos resultados financieros de ChipMOS reflejan una tendencia positiva en la industria de semiconductores.
ChipMOS Technologies Inc. (IMOS)는 2024년 8월 강력한 재무 실적을 보고하며, 수익은 NT$2,115.8백만 (US$66.2백만)에 도달했습니다. 이는 전년 대비 15.4% 증가와 전달 대비 2.5% 성장에 해당합니다. 회사는 향상된 활용률과 디스플레이 드라이버 IC(DDIC)에 대한 지속적인 건강한 수요 덕분에 성공했다고 밝혔습니다. ChipMOS는 또한 일반적으로 슬림하고 건강한 재고 수준이 긍정적인 성과에 기여하고 있다고 언급했습니다. 외부 반도체 조립 및 테스트 서비스(OSAT)의 산업 선도 공급업체로서, ChipMOS의 강력한 재무 실적은 반도체 산업의 긍정적인 추세를 반영합니다.
ChipMOS Technologies Inc. (IMOS) a rapporté des résultats financiers solides pour août 2024, avec un chiffre d'affaires atteignant NT$2,115.8 millions (US$66.2 millions). Cela représente une augmentation de 15,4% par rapport à l'année précédente et une croissance de 2,5% par rapport au mois précédent. L'entreprise attribue son succès à des taux d'utilisation améliorés et à une demande continues et saine pour les circuits intégrés de contrôle d'affichage (DDIC). ChipMOS a également noté des niveaux de stocks généralement faibles et sains, contribuant ainsi à sa performance positive. En tant que fournisseur leader dans le domaine des services d'assemblage et de test de semi-conducteurs externalisés (OSAT), les solides résultats financiers de ChipMOS reflètent une tendance positive dans l'industrie des semi-conducteurs.
ChipMOS Technologies Inc. (IMOS) berichtete über starke finanzielle Ergebnisse für August 2024, mit einem Umsatz von NT$2.115,8 Millionen (US$66,2 Millionen). Dies stellt einen Anstieg von 15,4% im Vergleich zum Vorjahr und ein Wachstum von 2,5% im Vergleich zum Vormonat dar. Das Unternehmen führt seinen Erfolg auf verbesserte Auslastungsraten und anhaltende gesunde Nachfrage nach Display-Treiber-ICs (DDIC) zurück. ChipMOS stellte auch allgemein schlanke und gesunde Lagerbestände fest, die zu seiner positiven Leistung beigetragen haben. Als marktführender Anbieter von ausgelagerten Halbleiter-Montage- und Testdienstleistungen (OSAT) spiegeln die starken finanziellen Ergebnisse von ChipMOS einen positiven Trend in der Halbleiterindustrie wider.
- Revenue increased by 15.4% year-over-year to NT$2,115.8 million (US$66.2 million)
- 2.5% month-over-month revenue growth
- Improved utilization rates
- Continued healthy demand for display driver ICs (DDIC)
- Lean and healthy broader inventory levels
- None.
Insights
ChipMOS's August 2024 revenue figures show promising growth, with a
The improved utilization rate suggests better operational efficiency, which could translate to higher margins. However, investors should monitor how sustainable this growth is, considering potential cyclicality in the semiconductor industry. The consistent YoY growth is encouraging, but the relatively modest MoM increase might indicate a stabilizing trend rather than rapid expansion.
The
This could indicate a potential upturn in the semiconductor cycle, which has been under pressure due to oversupply issues in recent years. ChipMOS's ability to grow in this environment speaks to its strong market positioning and operational execution. However, investors should remain cautious and monitor broader industry trends, as semiconductor demand can be volatile and subject to rapid technological shifts.
HSINCHU, Sept. 10, 2024 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of August 2024. All
Revenue for the month of August 2024 was
Consolidated Monthly Revenues (Unaudited) | |||||
August 2024 | July 2024 | August 2023 | MoM Change | YoY Change | |
Revenues (NT$ million) | 2,115.8 | 2,063.4 | 1,833.0 | 2.5 % | 15.4 % |
Revenues (US$ million) | 66.2 | 64.6 | 57.4 | 2.5 % | 15.4 % |
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
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
Contacts: In Jesse Huang ChipMOS TECHNOLOGIES INC. +886-6-5052388 ext. 7715 |
In the David Pasquale Global IR Partners +1-914-337-8801 |
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SOURCE ChipMOS TECHNOLOGIES INC.
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