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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 a 19.1% increase in FY21 revenue, reaching NT$27,400 million (US$987.7 million), a new record high. The growth was attributed to enhanced capacity to meet demand and stable utilization across its platforms. For Q4 2021, revenue rose 7.6% year-over-year to NT$6,791.4 million (US$244.8 million) but declined 5.2% quarter-over-quarter. December's revenue also saw a 3.4% year-over-year increase to NT$2,265.5 million (US$81.7 million).
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced its participation in the virtual Credit Suisse 2022 Greater China Technology and Internet Conference on January 6-7, 2022. Senior Vice President Jesse Huang will present the company's recent financial results, business trends, and growth opportunities. This event provides institutional investors insight into ChipMOS's operations in the semiconductor assembly and test services industry. Additional investor information can be accessed on their website.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported a revenue of NT$2,236.5 million (US$80.8 million) for November 2021, marking a 9.0% increase year-over-year but a slight decline of 2.3% from October 2021. The year-to-date revenue showed a robust 21% increase compared to the same period in 2020. The revenue decline in November was attributed to one less working day. The reported revenue figures highlight the company’s resilience despite recent challenges in the semiconductor market.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) will present virtually at the MasterLink Securities' 2021Q4 Taiwan Investment Forum on December 15, 2021. The presentation will feature management, including Jesse Huang, Senior VP of Strategy and Investor Relations, discussing recent financial results and growth opportunities. Investors can access the latest updates on the company's website at www.chipmos.com. ChipMOS provides outsourced semiconductor assembly and test services and operates advanced facilities in Taiwan.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported strong financial results for the third quarter of 2021, with a 26% revenue increase year-over-year, reaching NT$7,161 million or US$257.2 million. Gross margins improved by 800 basis points compared to the previous year. Net earnings rose 117% for the first nine months to NT$5.01. The company also reported a free cash flow of US$50.9 million and a cash balance of US$186.4 million.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) has reported consolidated revenue of NT$2,289.4 million (US$82.3 million) for October 2021. This figure represents a 10.7% year-over-year increase from October 2020, but a 2.3% decline compared to September 2021. The company attributes revenue growth to an improved product mix and high utilization of its high-end testing platforms. The exchange rate used was NT$27.83 to US$1.00 as of October 29, 2021.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) will report its third quarter 2021 financial results after trading ends on the Taiwan Stock Exchange on November 8, 2021. A conference call will be held at 4:00 PM Taiwan time (3:00 AM New York time) with dial-in details provided. Investors can also access a live webcast on the company’s website. An English translation of the call will be available later to ensure transparency. ChipMOS is a leading provider of outsourced semiconductor assembly and test services, catering to various semiconductor firms.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced record revenues for September 2021 and the third quarter. September revenue hit NT$2,343.8 million (US$84.2 million), up 23.5% YoY, while third-quarter revenue reached NT$7,161.0 million (US$257.2 million), a 25.9% YoY increase. The quarterly figure also increased 2.6% from the previous quarter. The high utilization of DDIC high-end test platforms contributed to healthy gross margins. However, September revenue decreased by 2.3% compared to August 2021, attributed to one less working day.
ChipMOS TECHNOLOGIES INC. will present at the Morgan Stanley Virtual Asia DDIC Symposium on September 28, 2021. The event will feature management, including Jesse Huang, discussing the company's recent financial results and growth opportunities. ChipMOS, traded on NASDAQ as IMOS, is a leading provider of outsourced semiconductor assembly and test services, catering to various customers in the semiconductor industry. The latest investor update is accessible on the company's website.
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced its virtual presentation at the 2021 IBF Securities Investment Forum on September 16, 2021. Senior Vice President Jesse Huang will discuss recent financial results, business trends, and growth opportunities. ChipMOS, a leading provider of outsourced semiconductor assembly and test services, operates advanced facilities in Taiwan, serving various customers in the semiconductor industry. The latest investor update is available on their website.
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