Chipmos Technolo Stock Price, News & Analysis

ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported a revenue increase of 5.3% for the third quarter of 2020, totaling NT$5,686.1 million (US$196.4 million), marking a six-year quarterly revenue high. The company reported net earnings of NT$423.4 million (US$14.6 million), down from the previous quarter's NT$544.9 million. Free cash flow reached US$45.9 million for the first nine months of 2020. Cash and cash equivalents stood at US$165.4 million as of September 30, 2020.

ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) will report its third-quarter 2020 financial results after trading closes on November 10, 2020. The company is set to hold two conference calls: one in Mandarin at 4:00 PM Taiwan time and another in English at 8:00 PM Taiwan time. Investors can participate by dialing in or accessing the webcast on the company’s website. Starting in 2021, ChipMOS will conduct only one Mandarin call, supplemented by an English audio translation. For further information, investors are encouraged to review the company’s filings with the SEC.

ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported a solid performance in September 2020 and for the third quarter, achieving a quarterly revenue high of NT$5,686.2 million (US$196.4 million), up 5.3% year-over-year. September revenue was NT$1,897.1 million (US$65.5 million), increasing 8.4% year-over-year but slightly declining 0.3% from August. This growth is attributed to increased demand in the DDIC sector amid supply chain adjustments. The company’s resilience in meeting market needs remains evident as it navigates through a challenging economic landscape.

ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported August 2020 revenue of NT$1,902.5 million (US$64.8 million), marking a 0.8% increase from July but a 0.5% decrease compared to August 2019. The uptick in revenue stems from heightened demand for DDIC and bumping services, particularly due to new HD-grade smartphone models and growth in large- and mid-size display panels. The company's wafer test capacity for high-end platforms is nearly fully utilized, attributed to increased testing times required for TDDI.

ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) will present at the 21st Credit Suisse Asian Technology Conference, scheduled virtually from September 9 to September 11, 2020. Management, including Jesse Huang, will engage with institutional investors to discuss recent financial results and growth opportunities. ChipMOS, a leading provider of outsourced semiconductor assembly and test services, operates extensively in Taiwan's science parks, serving a diverse clientele of semiconductor companies. For additional details, the latest investor update can be found on their website.

ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported strong financial results for Q2 2020. Revenue grew by 10.7% year-over-year to NT$5,428.1 million (US$184.4 million). Gross profit surged by 34.1%, while net profit attributable to equity holders decreased to NT$544.9 million (US$18.5 million), down from NT$712.7 million in Q1 2020. The company reduced net debt by US$49.9 million to US$144.1 million, with a cash balance of US$189.3 million. Cash dividends of NT$1.8 per share were distributed on July 31, 2020, highlighting a strong financial position amidst industry challenges.

ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) reported a six-year high in consolidated revenue for July 2020, totaling NT$1,886.6 million (US$64.3 million). This reflects an 8.6% increase year-over-year and a 5.7% month-over-month rise. Growth is driven by demand in memory products, particularly Commodity DRAM and NOR flash, fueled by cloud storage and gaming market needs. The results showcase ChipMOS's strong position in the outsourced semiconductor assembly and test services market.

ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) is set to distribute a cash dividend of US$1.227 per ADS, equating to approximately US$0.949 after Taiwan withholding tax and depositary fees. This payout is scheduled for August 7, 2020, following approval at the company's June 2020 Annual General Meeting (AGM). Shareholders are encouraged to consult their brokers about payment details, while inquiries can be directed to Citibank's Tiffany Ma.

ChipMOS is recognized for its advanced semiconductor assembly and test services, catering to various clients in the industry.

ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) announced it will report its second-quarter 2020 financial results on August 11, 2020, after trading closes on the Taiwan Stock Exchange and before NASDAQ opens. The management will host two conference calls for investors, the first in Mandarin at 4 PM Taiwan time, and the second in English at 8 PM Taiwan time. Investors can access the live calls and replays via the company's website.