HSINCHU, Taiwan, April 10, 2019 /PRNewswire-FirstCall/ --
ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider
of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the
month of March 2019 and for the first quarter ended March 31, 2019. All U.S. dollar
figures cited in this press release are based on the exchange rate of NT$30.86 to US$1.00 as
of March 29, 2019.
Revenue for the month of March 2019 was NT$1,583.6 million or US$51.3 million, an increase of 19.2% from the month of February
2019 and an increase of 8.2% from the same period in 2018.
Revenue for the first quarter of 2019 was NT$4,462.0 million or US$144.6 million, representing a decrease of 10.3% from the fourth quarter of 2018, and an increase
of 11.2% from the first quarter of 2018.
The Company noted that while revenue growth in March benefitted from continued strong demand of TDDI combined with an
uptick in orders for Niche DRAM and Flash product, the first quarter normally represents the low period of the year for the
industry, followed by revenue growth in Q2, Q3 and Q4. This is due to fewer working days around the Chinese New Year holiday
and semiconductor chain inventory rebalancing at the start of the New Year.
Consolidated Monthly Revenues (Unaudited)
|
|
March 2019
|
February 2019
|
March 2018
|
MoM Change
|
YoY Change
|
Revenues
(NT$ million)
|
1,583.6
|
1,328.5
|
1,463.6
|
19.2%
|
8.2%
|
Revenues
(US$ million)
|
51.3
|
43.0
|
47.4
|
19.2%
|
8.2%
|
Consolidated Quarterly Revenues (Unaudited)
|
|
First Quarter 2019
|
Fourth Quarter 2018
|
First Quarter 2018
|
QoQ Change
|
YoY Change
|
Revenues
(NT$ million)
|
4,462.0
|
4,972.3
|
4,011.0
|
-10.3%
|
11.2%
|
Revenues
(US$ million)
|
144.6
|
161.1
|
130.0
|
-10.3%
|
11.2%
|
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (https://www.chipmos.com) is an industry leading provider of outsourced
semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern
Taiwan Science Park in Taiwan, ChipMOS provide assembly and test services to a broad range of
customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor
foundries.
Forward-Looking Statements
This press release may contain certain forward-looking statements. These forward-looking statements may be identified
by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar
expressions or by discussion of, among other things, strategy, goals, plans or intentions. These statements may include financial
projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect
to future operations, products and services, and statements regarding future performance. Actual results may differ materially in
the future from those reflected in forward-looking statements contained in this document, due to various factors. Further
information regarding these risks, uncertainties and other factors are included in the Company's most recent Annual Report on
Form 20-F filed with the U.S. Securities and Exchange commission (the "SEC") and in the Company's other filings with the SEC.
Contacts:
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SOURCE ChipMOS TECHNOLOGIES INC.