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 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.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) will showcase its performance and growth opportunities at the 2021 Yuanta Virtual Asia Investment Forum on June 9-10, 2021. Senior Vice President Jesse Huang will present the company's financial results and business trends. ChipMOS is a leader in outsourced semiconductor assembly and test services, serving various semiconductor firms from its advanced facilities in Taiwan. Investors can access the latest updates on the company’s performance through its investor relations website.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) will present at the 2021 Citi Regional Tech Conference on May 20, 21, and 24, 2021, focusing on recent financial results and growth opportunities. Management, including Jesse Huang, Senior VP of Strategy and IR, will engage with institutional investors. ChipMOS, based in Taiwan, specializes in outsourced semiconductor assembly and test services, serving a diverse clientele from fabless companies to independent foundries. More details can be found on their website.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported a record revenue of NT$6,465.3 million (US$227 million) for Q1 2021, a 15.7% increase from Q1 2020. Net earnings rose 34.7% year-on-year to NT$959.1 million (US$33.7 million), or NT$1.32 (US$0.05) per share. Gross margin improved to 24.2%, up 150 basis points from the previous year. Free cash flow reached US$32.4 million, increasing cash balances to US$196.3 million. A dividend of NT$2.2 per share is pending shareholder approval.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported record revenue of NT$2,283.4 million (US$81.8 million) for April 2021, marking a 23.1% year-over-year increase but a 2.6% month-over-month decrease. The company continues to experience strong demand for its semiconductor assembly and test services, contributing to tight capacity in high-end DDIC tests and memory lines. Revenue figures reflect the favorable operating backdrop despite the slight decline from March 2021 levels.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) will hold its first quarter 2021 financial results conference call on May 11, 2021, following the close of trading on the Taiwan Stock Exchange. The call will be held at 3:00 PM Taiwan time (3:00 AM New York time), with dial-in details provided for participants. A live webcast and replay will be available, and an English translation will be offered for better accessibility. ChipMOS is a leading provider of outsourced semiconductor assembly and test services, with facilities in Taiwan.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced record-high revenues for March 2021 and the first quarter of 2021. March's revenue reached NT$2,344.6 million (US$82.3 million), marking a 19.8% increase month-over-month and 19.2% year-over-year. For Q1 2021, revenue totaled NT$6,465.3 million (US$227.0 million), a 2.5% rise from the previous quarter and a 15.7% increase compared to Q1 2020. The company is experiencing strong demand for memory and DDIC products, with fully utilized assembly lines contributing to this growth.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) will participate in the Taiwan Stock Market Discovery Forum 2021, a virtual investor conference set for April 8, 2021. Senior Vice President Jesse Huang will present the company’s recent financial results, business trends, and growth opportunities. ChipMOS specializes in outsourced semiconductor assembly and test services, serving clients across various semiconductor sectors. Investors can access the latest updates on the company's performance on its website.
ChipMOS TECHNOLOGIES INC., trading under the ticker IMOS, reported a 13.1% increase in revenue for 2020, totaling US$819.5 million, compared to US$724.3 million in 2019. The company's gross profit expanded by 28.2% to US$179.2 million. Despite this growth, net earnings decreased to US$0.12 per share from US$0.13 the previous year. ChipMOS generated US$55.5 million in free cash flow and ended the year with US$146.5 million in cash. A NT$2.2 per share distribution is pending approval.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported record revenue of NT$1,957.4 million (US$70.2 million) for February 2021, reflecting a 3.7% increase year-over-year. However, this represents a 9.5% decrease compared to January 2021. The company attributes the revenue growth to strong demand and fully utilized high-end testing lines. The revenue figures were based on an exchange rate of NT$27.87 to US$1.00 as of February 26, 2021. ChipMOS continues to provide outsourced semiconductor assembly and test services from its facilities in Taiwan.
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