ChipMOS REPORTS RECORD AUGUST 2021 REVENUE; 26.1% GROWTH YEAR OVER YEAR
ChipMOS TECHNOLOGIES INC.
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Rhea-AI Summary
ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced a record revenue of NT$2,399.3 million (US$86.7 million) for August 2021, reflecting a substantial 26.1% year-over-year growth. However, this marks a slight decrease of 0.8% from July 2021. The company highlighted the strengthening of its memory test and bumping businesses, maintaining high utilization levels across its operations. All figures are based on an exchange rate of NT$27.66 to US$1.00 as of August 31, 2021.
Positive
- Record revenue of NT$2,399.3 million (US$86.7 million) for August 2021.
- 26.1% year-over-year growth in revenue.
- Strong performance in memory test and bumping businesses.
Negative
- 0.8% decrease in revenue compared to July 2021.
Details
News Market Reaction – IMOS
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HSINCHU, Sept. 10, 2021 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of August 2021, with
Revenue for the month of August 2021 was NT
Consolidated Monthly Revenues (Unaudited) | |||||
August 2021 | July 2021 | August 2020 | MoM Change | YoY Change | |
Revenues (NT$ million) | 2,399.3 | 2,417.9 | 1,902.5 | - | |
Revenues (US$ million) | 86.7 | 87.4 | 68.8 | - | |
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 ongoing 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 | In the U.S. David Pasquale Global IR Partners +1-914-337-8801 |
View original content:https://www.prnewswire.com/news-releases/chipmos-reports-record-august-2021-revenue-26-1-growth-year-over-year-301373134.html
SOURCE ChipMOS TECHNOLOGIES INC.
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