Welcome to our dedicated page for ChipMOS TECHNOLOGIES news (Ticker: IMOS), a resource for investors and traders seeking the latest updates and insights on ChipMOS TECHNOLOGIES stock.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) is a renowned provider of comprehensive outsourced semiconductor assembly and test services (OSAT). Established in Taiwan, ChipMOS has cemented its position as a leading player in the semiconductor industry by offering high-quality testing and packaging solutions tailored for fabless companies, integrated device manufacturers, and independent semiconductor foundries.
With advanced facilities located in Hsinchu Science Park, Hsinchu Industrial Park, and Southern Taiwan Science Park, ChipMOS excels in providing end-to-end assembly and testing services. The company's core segments include Testing, Assembly, Testing, and Assembly for LCD, OLED, and other Display Panel Driver Semiconductors (LCDD), Bumping, and others.
Recent financial performance highlights ChipMOS's robust growth trajectory. In January 2024, the company reported an unaudited consolidated revenue of NT$1,708.5 million (US$54.6 million), reflecting a 28.4% year-over-year increase. This growth is primarily driven by improved inventory stabilization and demand recovery in its memory products, countering broader market softness due to conservative order patterns and inventory management.
For the fourth quarter of 2023, ChipMOS's revenue stood at NT$5,725.4 million (US$187.0 million), marking a 2.6% increase from the previous quarter and a 22.2% rise from the same period in 2022. The fiscal year 2023, however, saw a revenue decline of 9.2%, totaling NT$21,356.2 million (US$697.5 million), compared to the previous year.
Notably, ChipMOS continues to benefit from the memory segment's recovery, with February 2024 revenue increasing 23.6% year-over-year to NT$1,777.1 million (US$56.2 million). The company's commitment to innovation and excellence is evident in its consistent performance, with March 2024 revenue reaching NT$1,933.2 million (US$60.5 million), an 8.8% increase from February 2024.
ChipMOS's strategic focus on high-integration and high-precision integrated circuits positions it favorably in the semiconductor industry. The company has a strong presence in Taiwan, Japan, the People's Republic of China, Singapore, and other regions, with the majority of its revenue derived from Taiwan.
The company's financial stability is underscored by its net profit attributable to equity holders for the first quarter of 2024, amounting to NT$437.8 million (US$13.7 million), and its robust cash position with NT$12,354.0 million (US$403.5 million) in cash and cash equivalents as of December 31, 2023.
ChipMOS's unwavering commitment to innovation, quality, and customer satisfaction ensures its continued success and leadership in the semiconductor assembly and testing industry.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced a record revenue of NT$2,399.3 million (US$86.7 million) for August 2021, reflecting a substantial 26.1% year-over-year growth. However, this marks a slight decrease of 0.8% from July 2021. The company highlighted the strengthening of its memory test and bumping businesses, maintaining high utilization levels across its operations. All figures are based on an exchange rate of NT$27.66 to US$1.00 as of August 31, 2021.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) will present at the 22nd Credit Suisse Asian Technology Conference from September 7 to September 10, 2021. Senior Vice President Jesse Huang will discuss the company's recent financial results and growth opportunities. For investors seeking further details, an update is available on the ChipMOS investor relations website. ChipMOS specializes in outsourced semiconductor assembly and test services, catering to diverse clients, including fabless semiconductor companies and independent foundries.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) has announced a cash dividend of US$1.582 per American Depositary Share (ADS), translating to approximately US$1.230 after Taiwanese withholding tax and depositary fees. The dividend, approved in the July 2021 Annual Shareholders' Meeting, will be distributed on September 8, 2021. Shareholders with ADSs are advised to check with their brokers regarding the receipt of payments. ChipMOS is a leading provider of outsourced semiconductor assembly and test services, operating advanced facilities in Taiwan.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) achieved a record monthly revenue of NT$2,417.9 million (US$86.5 million) in July 2021, marking a 28.2% increase year-over-year and a 2.4% increase from June 2021. The company attributes this growth to high utilization rates in its assembly and DDIC test platforms coupled with sustained demand across its operations. All figures are quoted using an exchange rate of NT$27.96 to US$1.00 as of July 30, 2021.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported a strong financial performance for 2Q21, with revenue increasing by 28.6% year-over-year to US$250.2 million. The gross margin improved to 28.2%, up 750 basis points from 2Q20. Net earnings surged 33.3% from 1Q21, reaching NT$1.76 or US$1.26 per basic ADS. For the first half of 2021, net earnings rose 78.0% to NT$3.08. Free cash flow stood at US$63.3 million, while cash and cash equivalents increased to US$193.5 million.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced a cash dividend of NT$2.20 (approximately US$1.58) per common share, approved by shareholders at the AGM on July 12, 2021. The dividend will be paid from earnings, with the declaration date set for July 20, 2021. Key dates include the ex-dividend date on August 6, 2021, and the dividend distribution date on September 8, 2021. The final dollar amount will be confirmed by Citibank NA after tax deductions.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced it will report its second quarter 2021 financial results and host a conference call on August 10, 2021. The call will take place at 3:00 PM Taiwan time and will include a live webcast available on the company's website. An English translation of the call will be provided afterward for investor transparency. ChipMOS specializes in outsourced semiconductor assembly and test services, offering advanced solutions to a wide range of clients in the semiconductor industry.
ChipMOS TECHNOLOGIES INC. reported record unaudited revenues for June 2021 and the second quarter of 2021. Revenue for the second quarter reached NT$6,982.3 million (US$250.2 million), marking a 28.6% year-over-year increase and an 8.0% rise from the first quarter. June's revenue totaled NT$2,360.3 million (US$84.6 million), up 32.3% year-over-year and 0.9% month-over-month. The company's strong performance is attributed to high demand and full utilization of memory assembly capacity.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported a record revenue of NT$2,338.6 million (US$84.4 million) for May 2021, marking a 30.7% year-over-year increase and a 2.4% rise from April 2021. The company attributes this growth to strong demand and full utilization of memory assembly services. This performance reflects ongoing capacity constraints in the semiconductor assembly and test services sector, as ChipMOS continues to meet rising customer needs.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced its participation in the Navigating the New Taiwan Landscape virtual conference hosted by the Taiwan Stock Exchange and MasterLink Securities on June 16, 2021. Senior Vice President Jesse Huang will present the company's financial results and growth opportunities. The latest investor update is available on their website. ChipMOS specializes in outsourced semiconductor assembly and testing services, serving various clients in the semiconductor industry.
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