Chipmos Technolo Stock Price, News & Analysis

ChipMOS Technologies Inc. (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an outsourced semiconductor assembly and test services provider, has announced its participation in Yuanta Securities' Q3 2024 Investment Forum. The event will take place on September 19, 2024, at the Regent Hotel Taipei. Jesse Huang, Senior Vice President of Strategy and Investor Relations, will represent ChipMOS and discuss the company's recent financial results, business trends, and growth opportunities. Investors can access the company's presentation on the investor relations section of ChipMOS' website at www.chipmos.com.

ChipMOS Technologies Inc. (IMOS) reported strong financial results for August 2024, with revenue reaching NT$2,115.8 million (US$66.2 million). This represents a 15.4% year-over-year increase and a 2.5% month-over-month growth. The company attributes its success to improved utilization rates and continued healthy demand for display driver ICs (DDIC). ChipMOS also noted generally lean and healthy broader inventory levels, contributing to its positive performance. As an industry-leading provider of outsourced semiconductor assembly and test services (OSAT), ChipMOS's strong financial results reflect a positive trend in the semiconductor industry.

ChipMOS Technologies Inc. (IMOS) reported strong Q2 2024 results with notable improvements across key metrics. Revenue increased 7.2% quarter-over-quarter to NT$5,809.6 million (US$179.0 million), while gross profit rose 5.8%. The overall utilization rate improved to 69% from 63% in Q1. Net earnings per basic common share grew to NT$0.62, up from NT$0.60 in Q1. The company maintains a robust financial position with NT$14,651.9 million (US$451.5 million) in cash and cash equivalents.

ChipMOS distributed a cash dividend of NT$1.8 per common share on July 19, 2024, and US$1.098 per ADS on July 26, 2024. The company's net free cash flow for H1 2024 was NT$1,433.4 million (US$44.2 million). These results demonstrate ChipMOS's continued growth and strong financial performance in the semiconductor assembly and test services sector.

ChipMOS Technologies Inc. (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry-leading outsourced semiconductor assembly and test services provider, reported strong financial results for July 2024. The company's unaudited consolidated revenue reached NT$2,063.4 million (US$63.1 million), marking a 7.6% increase from June 2024 and a 12.4% year-over-year growth compared to July 2023.

The impressive performance was primarily driven by continued healthy demand for display driver ICs (DDIC) and improvements in broader inventory levels. This growth trend indicates positive momentum in ChipMOS's core business segments and reflects the company's strong position in the semiconductor industry.

ChipMOS Technologies Inc. (IMOS), an industry-leading outsourced semiconductor assembly and test services provider, has announced a cash dividend distribution for its ADS holders. The company will distribute US$1.098 per ADS on July 26, 2024. After accounting for Taiwan withholding tax and Citibank, N.A.'s depositary fees, the net dividend will be approximately US$0.848 per ADS. ADS holders are advised to verify dividend receipt with their securities brokers. For any inquiries, Citibank, N.A.'s Tiffany Ma can be contacted at +1-973-461-5734 or tiffany.ma@citi.com.

ChipMOS Technologies (Nasdaq: IMOS), a leading provider of outsourced semiconductor assembly and test services, has announced it will release its second quarter 2024 financial results on Tuesday, August 13, 2024. The announcement will be followed by a conference call at 3:00 PM Taiwan time (3:00 AM New York time). Investors and analysts can participate by dialing +886-2-3396 1191 with the password 11731013#. A webcast and replay of the call will be available on ChipMOS's website, with a transcript in English provided to ensure transparency and understanding of the financial results.

For more details, visit: ChipMOS Investor Relations.

ChipMOS Technologies reported a 6.7% year-over-year (YoY) increase in revenue for the second quarter of 2024, totaling NT$5,809.6 million (US$179.0 million). This marks a 7.2% increase from the first quarter of 2024. The company attributed this growth to a rise in DDIC demand and high utilization of its high-end test platforms. For June 2024, revenue was NT$1,917.7 million (US$59.1 million), a 5.3% decrease from May 2024 but a 7.2% increase from June 2023.

ChipMOS Technologies announced that shareholders have approved a cash dividend distribution of NT$1.80 per common share or approximately US$1.11 per ADS. The dividend was declared by the Board on February 22, 2024, and approved at the AGM on May 30, 2024. The ex-dividend date is June 27, 2024, and the ADR dividend record date is also June 27, 2024. The ADR dividend distribution date is set for July 26, 2024. The final amount in U.S. dollars will be determined by Citibank, N.A., after conversion and deduction of taxes and fees, expected on July 19, 2024. Shareholders can contact Citibank for further details.

ChipMOS Technologies reported a 10.4% year-over-year (YoY) increase in revenue for May 2024, totaling NT$2,024.3 million (US$62.3 million). This marks an 8.4% increase from April 2024. The company attributes the growth to improved customer inventory stabilization and overall market expansion. All figures are based on an exchange rate of NT$32.48 to US$1.00 as of May 31, 2024.