omniture

ChipMOS REPORTS DECEMBER 2011 AND 4Q11 REVENUE; EXPECTS APPROXIMATELY 10% REVENUE GROWTH IN 2012

HSINCHU, Jan. 17, 2012 /PRNewswire-Asia/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company'') (NASDAQ: IMOS) today reported its unaudited consolidated revenue for the month and quarter ending December 31, 2011.

Revenue for the month of December 2011 was NT$1,461.0 million or US$48.3 million, a decrease of 4.2% from the month of November 2011 and a decrease of 3.9% from the same period in 2010. On a quarterly basis, revenue for the fourth quarter of 2011 was NT$4,608.8 million or US$152.3 million, an increase of 3.3% from the third quarter of 2011 and an increase of 6.6% from the same period in 2010. This is at the high-end of prior guidance for fourth quarter of 2011 revenue to be flat to up or down in the single digits as compared to the third quarter of 2011. The Company expects to benefit from stable demand and utilization levels in the first quarter of 2012, with revenue for the full year 2012 increasing approximately 10% compared to the full year 2011. All U.S. figures in this release are based on the exchange rate of NT$30.27 to US$1.00 as of December 30, 2011.

Consolidated Monthly Revenues (Unaudited)

 

 

 

December 2011

 

November 2011

 

December 2010

 

MoM Change

 

YoY Change

 

 

Revenues

(NT$ million)

 

1,461.0

 

1,524.9

 

1,520.6

 

-4.2%

 

-3.9%

 

 

Revenues

(US$ million)

 

48.3

 

50.4

 

50.2

 

-4.2%

 

-3.9%

 

 

Consolidated Quarterly Revenues (Unaudited)

 

 

 

Fourth Quarter 2011

 

Third Quarter 2011

 

Fourth Quarter 2010

 

QoQ Change

 

YoY Change

 

 

Revenues

(NT$ million)

 

4,608.8

 

4,461.5

 

4,322.6

 

3.3%

 

6.6%

 

 

Revenues

(US$ million)

 

152.3

 

147.4

 

142.8

 

3.3%

 

6.6%

 

ChipMOS' December 2011 consolidated revenues included revenues of ChipMOS TECHNOLOGIES INC., ChipMOS U.S.A., Inc., MODERN MIND TECHNOLOGY LIMITED and its wholly-owned subsidiary ChipMOS TECHNOLOGIES (Shanghai) LTD., and ThaiLin Semiconductor Corp.

About ChipMOS TECHNOLOGIES (Bermuda) LTD.:

ChipMOS (http://www.chipmos.com) is a leading independent provider of semiconductor testing and assembly services to customers in Taiwan, Japan, and the U.S. With advanced facilities in Hsinchu and Southern Taiwan Science Parks in Taiwan and Shanghai, ChipMOS and its subsidiaries provide testing and assembly services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.

Forward-Looking Statements

Certain statements contained in this announcement may be viewed as "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is 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 R.O.C.
Dr. S.K. Chen
ChipMOS TECHNOLOGIES (Bermuda) LTD.
+886-6-507-7712
s.k._chen@chipmos.com 
In the U.S.
Chesha Gibbons
Director of Investor Relations
+1-415-730-1307
chesha_gibbons@chipmos.com

David Pasquale
Global IR Partners
+1-914-337-8801
dpasquale@globalirpartners.com 
Source: ChipMOS TECHNOLOGIES (Bermuda) LTD.
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