ChipMOS REPORTS JULY 2020 REVENUE; ACHIEVES SIX-YEAR HIGH

HSINCHU, Aug. 10, 2020 — (PRNewswire) —

HSINCHU, Aug. 10, 2020 /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 July 2020, which achieved a six-year high for July revenue.  All U.S. dollar figures cited in this press release are based on the exchange rate of NT$29.34 to US$1.00 as of July 31, 2020.

Revenue for the month of July 2020 was NT$1,886.6 million or US$64.3 million, an increase of 8.6% as compared to July 2019 and an increase of 5.7% compared to June 2020.  The Company noted it continues to benefit from growth in its memory business, led by Commodity DRAM and NOR flash demand in support of cloud-based storage services and applications and higher demand from the gaming market.  Within 8" COF of DDIC benefited from increase related to work from home demand for notebooks and monitors.

Consolidated Monthly Revenues (Unaudited)


July 2020

June 2020

July 2019

MoM Change

YoY Change

Revenues

(NT$ million)

1,886.6

1,784.5

1,737.3

5.7%

8.6%

Revenues

(US$ million)

64.3

60.8

59.2

5.7%

8.6%

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (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, including the potential impact of COVID-19.  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:

In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES INC.

+886-6-5052388 ext. 7715

IR@chipmos.com

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com

 

Cision View original content: http://www.prnewswire.com/news-releases/chipmos-reports-july-2020-revenue-achieves-six-year-high-301108843.html

SOURCE ChipMOS TECHNOLOGIES INC.

Contact:
Company Name: ChipMOS TECHNOLOGIES INC.
Financial data for ChipMOS TECHNOLOGIES INC.




Review Article Be the first to review this article
Aldec


Featured Video
Latest Blog Posts
Anupam BakshiAgnisys Automation Review
by Anupam Bakshi
Specification-Driven UVM Testbench Generation
Colin WallsEmbedded Software
by Colin Walls
malloc() – just say no
Bob Smith, Executive DirectorBridging the Frontier
by Bob Smith, Executive Director
Invitation to Participate in VSDOpen2020
Jobs
Senior Application Engineer Formal Verification for EDA Careers at San Jose and Austin, California
Upcoming Events
VSDOpen 2020 Online Conference at India - Oct 10, 2020
2020 International Conference On Computer Aided Design at San Diego Mission Bay Resort San Diego CA - Nov 2 - 5, 2020
International Conference on Computer Aided Design (ICCAD) 2020 at San Diego Mission Bay Resort San Diego CA - Nov 2 - 5, 2020
DownStream: Solutions for Post Processing PCB Designs
Verific: SystemVerilog & VHDL Parsers
TrueCircuits:



© 2020 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise