ChipMOS REPORTS JANUARY 2025 REVENUE

Rhea-AI Summary

ChipMOS Technologies (IMOS) reported its unaudited consolidated revenue for January 2025. The company generated revenue of NT$1,745.3 million (US$53.1 million), showing a 2.0% decrease from December 2024 but a 2.2% increase from January 2024. The year-over-year improvement reflects normalizing inventory levels at customers. The exchange rate used was NT$32.85 to US$1.00 as of January 31, 2025.

Positive

• Year-over-year revenue growth of 2.2%
• Improving customer inventory levels indicating potential market normalization

Negative

• Month-over-month revenue decline of 2.0%

Insights

Financial Analyst

The January 2025 revenue figures from ChipMOS present a nuanced picture of the OSAT sector's current state. The $53.1 million revenue, while showing a modest 2.2% year-over-year improvement, signals a gradual recovery in the semiconductor assembly and test services market. The sequential decline of 2.0% from December should be viewed in the context of typical seasonal patterns, where January often sees slower activity following year-end rushes.

The company's commentary about normalizing customer inventory levels is particularly significant. This suggests the industry is emerging from the inventory correction phase that has challenged semiconductor companies over the past year. For OSAT providers like ChipMOS, inventory normalization typically precedes increased capacity utilization and potential pricing power improvement.

Looking at the broader implications, the steady year-over-year growth, albeit modest, indicates ChipMOS is maintaining its market position in the competitive OSAT landscape. The revenue stability around the $53 million mark demonstrates resilient demand for the company's assembly and test services, particularly important given the critical role OSAT providers play in the semiconductor supply chain.

HSINCHU, Feb. 10, 2025 /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 2025. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$32.85 to US$1.00 as of January 31, 2025.

Revenue for the month of January 2025 was NT$1,745.3 million or US$53.1 million, representing a decrease of 2.0% from December 2024, and an increase of 2.2% from January 2024. The Company noted its revenue reflects an improvement on a year-over-year basis as it benefits from normalizing inventory levels at customers.

Consolidated Monthly Revenues (Unaudited)
	January 2025	December 2024	January 2024	MoM Change	YoY Change
Revenues    (NT$ million)	1,745.3	1,780.1	1,708.5	-2.0 %	2.2 %
Revenues    (US$ million)	53.1	54.2	52.0	-2.0 %	2.2 %

 

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

 

 

View original content:https://www.prnewswire.com/news-releases/chipmos-reports-january-2025-revenue-302372030.html

SOURCE ChipMOS TECHNOLOGIES INC.

FAQ

What was ChipMOS (IMOS) revenue in January 2025?

ChipMOS reported revenue of NT$1,745.3 million (US$53.1 million) in January 2025.

How did IMOS revenue change compared to December 2024?

IMOS revenue decreased by 2.0% compared to December 2024, from NT$1,780.1 million to NT$1,745.3 million.

What was the year-over-year revenue growth for IMOS in January 2025?

IMOS reported a 2.2% year-over-year revenue increase in January 2025 compared to January 2024.

What factors contributed to IMOS revenue performance in January 2025?

The company's revenue performance reflected an improvement on a year-over-year basis due to normalizing inventory levels at customers.