ChipMOS TECHNOLOGIES INC. reports recurring revenue, financial-result and investor-communication updates for its outsourced semiconductor assembly and test business. The company provides end-to-end assembly and test services from facilities in Taiwan to fabless semiconductor companies, integrated device manufacturers and independent foundries serving global end markets.
Recurring news themes include unaudited monthly and quarterly revenue, annual and quarterly results prepared under Taiwan-IFRS, demand commentary for high-value memory solutions used in data center and AI applications, and capacity-related business trends. Updates also cover investor conference participation, conference-call scheduling and shareholder-meeting matters tied to its Taiwan listing and Nasdaq-traded depositary security.
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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