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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) reported its unaudited revenue for September 2022 and Q3 2022. The company’s Q3 revenue was NT$5,254 million (US$165.3 million), a decrease of 23.3% from Q2 2022 and 26.6% year-over-year. September revenue was NT$1,590.9 million (US$50.1 million), down 7.2% from August 2022 and 32.1% from September 2021. ChipMOS attributed the revenue decline to broader market conditions and inventory adjustments, indicating a challenging environment for the semiconductor industry.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported its unaudited revenue for August 2022, totaling NT$1,715.1 million (US$56.5 million). This marks a 12.0% decrease from July 2022 and a significant 28.5% decline year-over-year from August 2021. The company cited inventory adjustments and reduced demand in the semiconductor industry as reasons for these declines. Despite the downturn, ChipMOS remains a leading provider of outsourced semiconductor assembly and test services.
ChipMOS TECHNOLOGIES INC. will virtually present at the 23rd Credit Suisse Asian Technology Conference on September 7-8, 2022. Management, including Jesse Huang, Senior VP of Strategy and Investor Relations, will discuss recent financial results, business trends, and market opportunities. The latest investor update is available on their website at www.chipmos.com. ChipMOS is a leading provider of outsourced semiconductor assembly and test services, with advanced facilities in Taiwan serving global semiconductor clients.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported July 2022 revenue of NT$1,948 million (US$65.1 million), marking a 19.4% decrease year-over-year and a 7.7% decline month-over-month. This revenue drop is attributed to a shift in the macro demand environment impacting the DDIC business, although it was partially offset by continued strength in the memory products segment. The results indicate challenges in maintaining revenue levels due to market conditions.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported its second-quarter financial results for 2022, showing a 1.9% revenue increase to NT$6,851.7 million (US$230.4 million) compared to the previous quarter. Net earnings rose 8.3% to NT$1.82 (US$0.06) per share. The gross margin improved by 40 basis points to 25.4%. Free cash flow stood at US$78.0 million, with cash equivalents totaling US$244.4 million. The company declared dividends of NT$4.3 per common share and US$2.876 per ADS.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced a cash dividend of US$2.876 per ADS, set for distribution on July 27, 2022. Post-withholding tax and depositary fees, ADS holders will receive approximately US$2.252. The Company provides outsourced semiconductor assembly and test services, maintaining a strong presence in Taiwan's tech industry. Shareholders are encouraged to check with brokers for receipt of payments. For more details, inquiries can be directed to Citibank, N.A.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced it will report its second quarter 2022 results and host a conference call on August 4, 2022, at 3:00 PM Taiwan time (3:00 AM New York time). Investors can dial in at +886-2-21928016 with the password 856969#. A webcast will also be available on the company's website. An English transcript will follow the Mandarin call to enhance understanding of the company’s financial results. ChipMOS is a leading provider of outsourced semiconductor assembly and test services, known for its exceptional track record and facilities in Taiwan.
ChipMOS TECHNOLOGIES reported its financial results for June 2022 and the second quarter ended June 30, 2022. The company recorded NT$6,851.7 million (US$230.4 million) in revenue for Q2 2022, up 1.9% from Q1 2022, but down 1.9% year-over-year. June 2022 revenue was NT$2,110.8 million (US$71.0 million), reflecting an 11.9% monthly decline and a 10.6% decrease from June 2021. ChipMOS attributed the revenue drop to a shift in near-term macro demand despite ongoing long-term business catalysts.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced record revenue of NT$2,396.7 million (US$82.7 million) for May 2022, marking a 2.5% increase year-over-year and a 2.2% increase compared to April 2022. This growth was attributed to sustained demand in memory products and DDIC businesses. ChipMOS is noted for its role in outsourced semiconductor assembly and testing services, emphasizing its strong market position and operational excellence.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) will present virtually at the Cathay Securities 2Q22 Industry Forum on June 9, 2022. The presentation will be led by Jesse Huang, Senior Vice President of Strategy and Investor Relations, discussing recent financial results and growth opportunities. ChipMOS is a leading provider of outsourced semiconductor assembly and test services, with advanced facilities in Taiwan. For more information on financial updates, visit ChipMOS Investor Relations.
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