HSINCHU, , Sept. 10, 2018 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of August 2018. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$30.70 to US$1.00 as of August 31, 2018.
Revenue for the month of August 2018 was NT$1,733.0 million or US$56.4 million, an increase of 9.9% from the month of July 2018 and an increase of 17.2% from the same period in 2017.
The Company noted it is continuing to benefit from a favorable business mix, higher average selling prices of DDIC and strong demand of TDDI for smartphones. August marked the fourth consecutive month of monthly revenue growth.
Consolidated Monthly Revenues (Unaudited) |
|||||
August 2018 |
July 2018 |
August 2017 |
MoM Change |
YoY Change |
|
Revenues (NT$ million) |
1,733.0 |
1,576.7 |
1,479.3 |
9.9% |
17.2% |
Revenues (US$ million) |
56.4 |
51.4 |
48.2 |
9.9% |
17.2% |
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (http://www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS provide assembly and test services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.
Forward-Looking Statements
This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar expressions or by discussion of, among other things, strategy, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. Further information regarding these risks, uncertainties and other factors are 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 Dr. G.S. Shen ChipMOS TECHNOLOGIES INC. +886-3-5668877 |
In the U.S. David Pasquale Global IR Partners +1-914-337-8801 |
View original content:http://www.prnewswire.com/news-releases/chipmos-reports-august-2018-revenue-300709424.html
