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) will hold a conference call on March 16, 2021, to discuss its fourth quarter and full year 2020 results. The results will be reported after market close on the Taiwan Stock Exchange. The call is scheduled for 3:00 PM Taiwan time (3:00 AM New York time) and will be accessible via dial-in and webcast. An English translation of the call will be available later on the company’s website to enhance transparency and comprehension of financial results.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported record unaudited consolidated revenue of NT$2,163.3 million (US$77.2 million) for January 2021, marking a significant 24.9% year-over-year increase. This performance is attributed to strong demand in its memory and assembly sectors, particularly from DDIC products. However, there was a slight 1.2% decrease compared to December 2020. The company is enhancing its capacity and automation to meet rising customer demands while maintaining production during the upcoming Lunar holiday.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported a significant revenue growth for December 2020 and the fourth quarter. December revenues reached NT$2,190.6 million (US$78.0 million), up 20.1% year-over-year, while fourth-quarter revenues totaled NT$6,310.3 million (US$224.7 million), marking a 13.3% annual increase. Full-year revenue for 2020 was NT$23,024.4 million (US$820.9 million), up 13.1% from 2019, the highest since 2014. This growth was driven by strong demand in memory and DDIC markets, with increased utilization across cloud infrastructure, gaming, and mobile sectors.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced a record revenue of NT$2,051 million (US$71.8 million) for November 2020, achieving a 6-year high for the month. This revenue reflects a slight decrease of 0.9% compared to October 2020, but marks a significant increase of 10.9% year-over-year from November 2019. The revenue growth is attributed to strong demand for TDDI from new smartphones and increased memory requirements, showcasing favorable market conditions and high utilization levels.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported unaudited consolidated revenue of NT$2,068.7 million (US$72.4 million) for October 2020, marking a 9.0% increase from September 2020 and an 8.9% increase year-over-year. This revenue level is a record monthly high, driven by rising demand in memory and DDIC sectors, particularly in smart mobile, consumer, and stability in computing, automotive, and industrial markets.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported a revenue increase of 5.3% for the third quarter of 2020, totaling NT$5,686.1 million (US$196.4 million), marking a six-year quarterly revenue high. The company reported net earnings of NT$423.4 million (US$14.6 million), down from the previous quarter's NT$544.9 million. Free cash flow reached US$45.9 million for the first nine months of 2020. Cash and cash equivalents stood at US$165.4 million as of September 30, 2020.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) will report its third-quarter 2020 financial results after trading closes on November 10, 2020. The company is set to hold two conference calls: one in Mandarin at 4:00 PM Taiwan time and another in English at 8:00 PM Taiwan time. Investors can participate by dialing in or accessing the webcast on the company’s website. Starting in 2021, ChipMOS will conduct only one Mandarin call, supplemented by an English audio translation. For further information, investors are encouraged to review the company’s filings with the SEC.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported a solid performance in September 2020 and for the third quarter, achieving a quarterly revenue high of NT$5,686.2 million (US$196.4 million), up 5.3% year-over-year. September revenue was NT$1,897.1 million (US$65.5 million), increasing 8.4% year-over-year but slightly declining 0.3% from August. This growth is attributed to increased demand in the DDIC sector amid supply chain adjustments. The company’s resilience in meeting market needs remains evident as it navigates through a challenging economic landscape.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported August 2020 revenue of NT$1,902.5 million (US$64.8 million), marking a 0.8% increase from July but a 0.5% decrease compared to August 2019. The uptick in revenue stems from heightened demand for DDIC and bumping services, particularly due to new HD-grade smartphone models and growth in large- and mid-size display panels. The company's wafer test capacity for high-end platforms is nearly fully utilized, attributed to increased testing times required for TDDI.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) will present at the 21st Credit Suisse Asian Technology Conference, scheduled virtually from September 9 to September 11, 2020. Management, including Jesse Huang, will engage with institutional investors to discuss recent financial results and growth opportunities. ChipMOS, a leading provider of outsourced semiconductor assembly and test services, operates extensively in Taiwan's science parks, serving a diverse clientele of semiconductor companies. For additional details, the latest investor update can be found on their website.
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