HSINCHU, March 9, 2020 /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 February 2020. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$30.18 to US$1.00 as of February 28, 2020.
Revenue for the month of February 2020 was NT$1,887.7 million or US$62.5 million, an increase of 9.0% from the month of January 2020 and an increase of 42.1% from the same period in 2019. The Company noted it is closely following all guidelines and regulations provided by The Taiwan Centers for Disease Controls (CDC) and other regulatory agencies. ChipMOS has taken a series of actions to ensure the health and safety of its employees, while maintaining the reliability and quality customers rely on ChipMOS for. None of the Company's employees have contracted the COVID-19 virus and it restarted all manufacturing facilities on schedule after the planned New Year's Holiday closure with no delays or disruptions up to date. ChipMOS is maintaining full inventory levels to ensure uninterrupted service to its customers.
Consolidated Monthly Revenues (Unaudited) |
|||||
February 2020 |
January 2020 |
February 2019 |
MoM Change |
YoY Change |
|
Revenues (NT$ million) |
1,887.7 |
1,732.3 |
1,328.5 |
9.0% |
42.1% |
Revenues (US$ million) |
62.5 |
57.4 |
44.0 |
9.0% |
42.1% |
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (https://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 Jesse Huang ChipMOS TECHNOLOGIES INC. +886-6-5052388 ext. 7715 |
In the U.S. David Pasquale Global IR Partners +1-914-337-8801 |
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