Welcome to our dedicated page for Chipmos Technolo news (Ticker: IMOS), a resource for investors and traders seeking the latest updates and insights on Chipmos Technolo stock.
ChipMOS Technolo (IMOS) is a global leader in semiconductor testing and advanced packaging solutions, serving fabless companies and technology manufacturers worldwide. This dedicated news hub provides investors and industry professionals with timely updates on the company's operational milestones and market developments.
Access comprehensive coverage of IMOS's latest press releases, including earnings reports, strategic partnerships, and technological innovations in outsourced semiconductor assembly and testing (OSAT). Our curated news collection simplifies tracking financial performance while offering insights into evolving industry dynamics.
Key updates focus on critical areas such as display driver IC advancements, high-precision testing methodologies, and global expansion initiatives. The resource serves as an essential tool for understanding how IMOS navigates semiconductor supply chain challenges and capitalizes on emerging opportunities.
Bookmark this page for direct access to verified company announcements and expert analyses. Regularly updated content ensures you stay informed about ChipMOS Technolo's role in shaping next-generation electronics manufacturing.
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.
ChipMOS Technologies, a leader in outsourced semiconductor assembly and test services, announced its participation in Citi's 2024 Taiwan Tech Conference on June 5, 2024. The event will take place at the W Hotel Taipei, where senior management, including Jesse Huang, Senior Vice President of Strategy and Investor Relations, will discuss the company's recent financial results, business trends, and growth opportunities. The investor presentation can be accessed on the investor relations section of ChipMOS's website.
ChipMOS Technologies Inc. reported a year-over-year revenue growth in April 2024, with a decrease of 3.4% from March 2024 but an increase of 2.5% from April 2023. The company attributed the sequential decline to one less working day in April compared to March, while noting broader end-market trends with continued momentum and inventory stabilization.
ChipMOS Technologies Inc. reported a 17.7% increase in revenue for the first quarter of 2024 compared to the same period in 2023. Gross margin expanded to 14.2% from 12.4% in the first quarter of 2023. Net earnings more than doubled to NT$0.60 per basic common share. The company has a strong financial position with NT$12,164.6 million in cash and cash equivalents. A dividend of NT$1.8 per common share is pending shareholder approval at the May 2024 AGM.
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