omniture

ChipMOS REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS

2019-03-07 15:00 8921

HSINCHU, , March 7, 2019 /PRNewswire-FirstCall/ --

Full Year 2018 Highlights (as compared to the Full Year 2017):

  • Revenue Increases to US$603.8 Million from US$586.1 Million
  • Gross Profit Increases to US$112.1 Million from US$105.8 Million
  • Gross Margin Increases to 18.6% from 18.0%
  • Ended 2018 with Cash and Cash Equivalents Balance of US$151.7 Million After Distributing Cash Dividend of US$8.4 Million and Capital Reduction of US$42.0 Million to Shareholders and Investing US$161.6 Million in CapEx to Support Growth Programs

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 unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2018. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$30.61 against US$1.00 as of December 31, 2018.

All the figures were prepared in accordance with Taiwan-International Financial Reporting Standards ("Taiwan-IFRS"). 

Revenue for the fourth quarter of 2018 was NT$4,972.3 million or US$162.4 million, a decrease of 0.7% from NT$5,005.2 million or US$163.5 million in the third quarter of 2018 and an increase of 12.8% from NT$4,408.2 million or US$144.0 million for the same period in 2017.  Net profit attributable to equity holders of the Company for the fourth quarter of 2018 was NT$516.6 million or US$16.9 million, and NT$0.71 or US$0.02 per basic common share, as compared to net profit attributable to equity holders of the Company for the third quarter of 2018 of NT$439.6 million or US$14.4 million, and NT$0.56 or US$0.02 per basic common share, and compared to net profit attributable to equity holders of the Company in the fourth quarter of 2017 of NT$163.0 million or US$5.3 million, and NT$0.19 or US$0.01 per basic common share. Net earnings for the fourth quarter of 2018 were US$0.46 per basic ADS, compared to US$0.37 per basic ADS for the third quarter of 2018 and US$0.13 per basic ADS in the fourth quarter of 2017.

Revenue for the fiscal year ended December 31, 2018 was NT$18,480.0 million or US$603.8 million, an increase of 3.0% from NT$17,940.8 million or US$586.1 million for the fiscal year ended December 31, 2017.  Net profit attributable to equity holders of the Company for the fiscal year ended December 31, 2018 was NT$1,103.1 million or US$36.0 million, and NT$1.37 or US$0.04 per basic common share, compared to net profit attributable to equity holders of the Company for the fiscal year ended December 31, 2017 was NT$3,026.5 million or US$98.9 million, and NT$3.57 or US$0.12 per basic common share. Net earnings for the fiscal year ended December 31, 2018 were US$0.90 per basic ADS, compared to US$2.34 per basic ADS for the fiscal year ended December 31, 2017.  2017 reflects the benefit of the Company's sale and transfer of 54.98% equity interests off a former wholly-owned subsidiary to Tsinghua Unigroup led strategic investors.

S.J. Cheng, Chairman and President of ChipMOS, said, "2018 was marked by significant accomplishments, including the completion of our capital reduction and the expansion of our higher margin TDDI business.  We exited the year with our gross margin at 22.8% in Q4 up from 19.5% in Q3, and gross margin also up on a full year basis in 2018 compared to 2017.  We achieved this improvement on modest revenue growth, as we benefitted from stable utilization and pricing levels combined with the benefit of ongoing operating efficiency improvements.  This helped us to offset headwinds impacting the entire industry in the Niche DRAM business.  While uncertainty remains around the trade tensions and the overall macroeconomic environment, ChipMOS is in a strong position entering 2019 having completed our capital reduction, fortified our balance sheet and secured long-term financing agreements on favorable terms from our banking partners.  We are focused on achieving profitable annual revenue growth in 2019.  We are confident we will be able to achieve our goals as we benefit from healthy demand in our COF business, led by stable demand from 4K TV customers and demand created by new smartphone models featuring bezel-less panels."

Silvia Su, Vice President of Finance and Accounting, commented, "We are encouraged with our improved financial positon exiting Q4, which enables us to fully support existing customer programs, while having the capacity to support new growth opportunities, including those in our DDIC business.  Revenue for the full year 2018 increased 3.0%, with net earnings of US$0.90 per basic ADS or net earnings of US$0.04 per basic common share.  We generated US$134.9 million cash from operations in 2018, ending 2018 with a cash and cash equivalents balance of US$151.7 million.  This is after we distributed a cash dividend of US$8.4 million and capital reduction of US$42.0 million to shareholders; and invested US$161.6 million in CapEx.  We continue to take a conservative approach to our CapEx plan as we invest based on customer forecasts and demand trends.  We remain focused on leveraging ChipMOS's technical expertise, geographic footprint and financial strength to build further shareholder value."

Selected Operations Data











4Q18

4Q17

FY18

FY17

Revenue by segment





   Testing

23.5%

26.6%

25.9%

27.0%

   Assembly

24.6%

26.0%

25.3%

29.3%

   LCD Driver 

33.7%

29.8%

30.8%

26.7%

Bumping

18.2%

17.6%

18.0%

17.0%






CapEx

US$55.7 million

US$34.4 million

US$161.6 million

US$153.6 million

   Testing

21.0%

7.4%

31.7%

17.8%

   Assembly

5.6%

19.2%

6.5%

14.0%

   LCD Driver 

69.5%

67.3%

55.2%

55.6%

Bumping

3.9%

6.1%

6.6%

12.6%






Depreciation and amortization expenses

US$28.1 million

US$25.5 million

US$110.3 million

US$94.7 million






Utilization by segment





   Testing

73%

79%

77%

79%

   Assembly

69%

62%

64%

66%

   LCD Driver

81%

85%

80%

85%

Bumping

75%

66%

72%

69%

   Overall

75%

74%

74%

75%














 

Condensed consolidated statements of cash flows


Year ended

Dec. 31, 2018


Year ended

Dec. 31, 2017



US$ million


US$ million

Net cash generated from (used in) operating activities


134.9


155.3

Net cash generated from (used in) investing activities


(167.5)


(106.4)

Net cash generated from (used in) financing activities


(78.4)


(33.1)

Net increase (decrease) in cash and cash equivalents


(111.0)


15.8

Effect of exchange rate changes on cash


0.2


(0.6)

Cash and cash equivalents at beginning of period


262.5


247.3

Cash and cash equivalents at end of period


151.7


262.5

Investor Conference Call / Webcast Details

ChipMOS will host two conference calls on Thursday, March 7, 2019 to discuss the Company's financial results for the fourth quarter and full year of 2018. 

  1. Date: Thursday, March 7, 2019
    Time: 4:00PM Taiwan (3:00AM New York)
    Dial-In: +886-2-21928016
    Password:  572038 #
    Replay Starting 2 Hours After Live Call Ends: www.chipmos.com
    Language: Mandarin
  2. Date: Thursday, March 7, 2019
    Time: 8:00PM Taiwan (7:00AM New York)
    Dial-In: +1-201-689-8562
    Password: 13687371
    Replay Starting 2 Hours After Live Call Ends: +1-412-317-6671, with ID 13687371
    Webcast of Live Call and Replay: www.chipmos.com 
    Language: English

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.

About Non-Generally Accepted Accounting Principles ("Non-GAAP") Financial Measures

To supplement the consolidated financial results presented in accordance with the Taiwan-IFRS, ChipMOS uses non-GAAP free cash flow, non-GAAP earnings before interest, taxes, depreciation and amortization ("EBITDA") and non-GAAP net debt to equity ratio in this press release. The non-GAAP free cash flow represents operating profit plus depreciation, amortization and interest income and less capital expenditures, interest expenses, income tax expense and dividend. The non-GAAP EBITDA represents operating profit plus depreciation and amortization. The non-GAAP net debt to equity ratio represents the ratio of net debt, the sum of debt less cash and cash equivalent, divided by equity attributable to equity holders of the Company.  These non-GAAP financial measures may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently.

The presentation of non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with the Taiwan-IFRS.

ChipMOS considers the use of non-GAAP free cash flow, non-GAAP EBITDA and non-GAAP net debt to equity ratio provides useful information to management to manage the Company's business and make financial and operational decisions and also to the investors to understand and evaluate the Company's business and operating performance. For more information on these non-GAAP financial measures, please refer to the table captioned "Reconciliations of Non-GAAP Measures to the Nearest Comparable GAAP Measures" in this press release.

- FINANCIAL TABLES FOLLOW BELOW -

ChipMOS TECHNOLOGIES INC.

UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

For the Three Months and the Year Ended Dec. 31, 2018 and Dec. 31, 2017

Figures in Million of U.S. dollars (USD) (1)

Except for Per Share Amounts and Weighted Average Shares Outstanding



3 months ended


Year ended


Dec. 31, 2018


Dec. 31, 2017


Dec. 31, 2018


Dec. 31, 2017


USD


USD


USD


USD

Revenue

162.4


144.0


603.8


586.1

Cost of revenue

(125.3)


(119.5)


(491.7)


(480.3)

Gross profit (loss)

37.1


24.5


112.1


105.8









Research and development expenses

(7.9)


(7.8)


(30.7)


(32.2)

Sales and marketing expenses

(0.5)


(0.5)


(1.7)


(2.1)

General and administrative expenses

(3.7)


(3.8)


(15.9)


(20.9)

Other operating income (expenses),
   net

0.9


(1.5)


4.8


22.6









Operating profit (loss)

25.9


10.9


68.6


73.2









Non-operating income (expenses), net

(3.3)


(4.0)


(10.4)


(23.7)









Profit (loss) before tax

22.6


6.9


58.2


49.5









Income tax benefit (expense)

(5.7)


(1.6)


(22.2)


(9.9)









Profit (loss) from continuing
   operations

16.9


5.3


36.0


39.6









Profit (loss) from discontinued
   operations

-


-


-


59.3









Profit (loss) for the period

16.9


5.3


36.0


98.9









Attributable to:








Equity holders of the Company








– Continuing operations

16.9


5.3


36.0


39.6

– Discontinued operations

-


-


-


59.3


16.9


5.3


36.0


98.9









Profit (loss) for the period

16.9


5.3


36.0


98.9

Other comprehensive income (loss)








Exchange differences on translation
   of  foreign operations

0.9


0.1


(1.6)


(7.6)

Profit (loss) on remeasurements of
   defined benefit plans

(2.0)


1.7


(2.0)


1.7

Unrealized gain (loss) on valuation of
   equity instruments at fair value
   through other comprehensive
   income

1.0


-


2.8


 

-

Share of other comprehensive
   income (loss) of associates and
   joint ventures accounted for using
   equity method

-


0.0


(0.1)


0.0

Income tax effect

0.2


(0.3)


(0.1)


(0.3)

Total other comprehensive income
   (loss)

0.1


1.5


(1.0)


(6.2)










Total comprehensive income (loss)

17.0


6.8


35.0


92.7









Attributable to:








Equity holders of the Company








– Continuing operations

17.0


6.8


35.0


42.8

– Discontinued operations

-


-


-


49.9


17.0


6.8


35.0


92.7









Profit (loss) attributable to the
   Company - basic

16.9


5.3


36.0


98.9

Earnings (loss) per share attributable
   to the Company - basic

0.02


0.01


0.04


0.12

Earnings (loss) per ADS equivalent -
   basic

0.46


0.13


0.90


2.34

Weighted average shares outstanding
   (in thousands) - basic

726,925


849,571


802,725


846,686

Profit (loss) attributable to the
   Company - diluted

16.9


5.3


36.0


98.9

Earnings (loss) per share attributable 
   to the Company - diluted

0.02


0.01


0.04


0.11

Earnings (loss) per ADS equivalent -
   diluted

 

0.46


0.12


0.89


2.28

Weighted average shares outstanding
   (in thousands) - diluted

730,212


854,606


813,707


865,795









Note:

(1) All U.S. dollar figures in this release are based on the exchange rate of NT$30.61 against US$1.00 as of Dec. 31, 2018. The
convenience translation should not be construed as representations that the NT dollar amounts have been, or could be in the
future be, converted into US dollars at this or any other exchange rate.










ChipMOS TECHNOLOGIES INC.

UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

For the Three Months and the Year Ended Dec. 31, 2018 and Dec. 31, 2017

Figures in Million of NT dollars (NTD)

Except for Per Share Amounts and Weighted Average Shares Outstanding



3 months ended


Year ended


Dec. 31, 2018


Dec. 31, 2017


Dec. 31, 2018


Dec. 31, 2017


NTD


NTD


NTD


NTD

Revenue

4,972.3


4,408.2


18,480.0


17,940.8

Cost of revenue

(3,837.5)


(3,658.9)


(15,050.0)


(14,703.7)

Gross profit (loss)

1,134.8


749.3


3,430.0


3,237.1









Research and development expenses

(240.3)


(237.6)


(939.3)


(985.9)

Sales and marketing expenses

(14.8)


(14.7)


(53.4)


(64.4)

General and administrative expenses

(112.9)


(116.6)


(485.1)


(639.8)

Other operating income (expenses),
   net

25.1


(45.7)


147.5


692.9









Operating profit (loss)

791.9


334.7


2,099.7


2,239.9









Non-operating income (expenses), net

(100.8)


(122.8)


(317.3)


(724.4)









Profit (loss) before tax

691.1


211.9


1,782.4


1,515.5









Income tax benefit (expense)

(174.5)


(49.7)


(679.3)


(303.9)









Profit (loss) from continuing
   operations

516.6


162.2


1,103.1


1,211.6









Profit (loss) from discontinued
   operations

-


0.8


-


1,814.9









Profit (loss) for the period

516.6


163.0


1,103.1


3,026.5









Attributable to:








Equity holders of the Company








– Continuing operations

516.6


162.2


1,103.1


1,211.6

– Discontinued operations

-


0.8


-


1,814.9


516.6


163.0


1,103.1


3,026.5









Profit (loss) for the period

516.6


163.0


1,103.1


3,026.5

Other comprehensive income (loss)








Exchange differences on translation
   of foreign operations

26.3


3.6


(51.1)


(232.7)

Profit (loss) on remeasurements of
   defined benefit plans

(60.0)


50.8


(60.0)


50.8

Unrealized gain (loss) on valuation of
   equity instruments at fair value
   through other comprehensive
   income

31.4


-


85.0


-

Share of other comprehensive
   income (loss) of associates and
   joint ventures accounted for using
   equity method

-


0.6


(2.7)


0.6

Income tax effect

5.7


(8.6)


(4.1)


(8.6)

Total other comprehensive income
   (loss)

3.4


46.4


(32.9)


(189.9)









Total comprehensive income (loss)

520.0


209.4


1,070.2


2,836.6









Attributable to:








Equity holders of the Company








– Continuing operations

520.0


208.6


1,070.2


1,309.3

– Discontinued operations

-


0.8


-


1,527.3


520.0


209.4


1,070.2


2,836.6









Profit (loss) attributable to the
   Company - basic

516.6


163.0


1,103.1


3,026.5

Earnings (loss) per share attributable
   to the Company - basic

0.71


0.19


1.37


3.57

Earnings (loss) per ADS equivalent -
   basic

14.21


3.84


27.48


71.49

Weighted average shares outstanding
   (in thousands) - basic

726,925


849,571


802,725


846,686

Profit (loss) attributable to the
   Company - diluted

516.6


163.0


1,103.1


3,026.5

Earnings (loss) per share attributable
   to the Company - diluted

0.71


0.19


1.36


3.50

Earnings (loss) per ADS equivalent -
   diluted

14.15


3.81


27.11


69.91

Weighted average shares outstanding
   (in thousands) - diluted

730,212


854,606


813,707


865,795










 


ChipMOS TECHNOLOGIES INC.

UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

As of Dec. 31, Sep. 30, 2018, and Dec. 31, 2017

Figures in Millions of U.S. dollars (USD) (1)



Dec. 31, 2018


Sep. 30, 2018


Dec. 31, 2017

ASSETS

USD


USD


USD

Current assets






Cash and cash equivalents

151.7


198.2


262.5

Current financial assets at amortized cost

5.5


-


-

Accounts and notes receivable, net

155.1


154.4


131.2

Inventories

58.1


57.8


63.0

Other current assets

18.0


17.5


7.2

Total current assets

388.4


427.9


463.9







Non-current assets






Financial assets at fair value through profit or loss

0.4


0.4


-

Financial assets at fair value through other
   comprehensive income

5.7


4.7


-

Non-current financial assets at amortized cost

3.2


-


-

Non-current financial assets carried at cost

-


-


0.7

Investments accounted for using equity method

126.2


129.2


112.2

Property, plant & equipment

549.5


522.0


498.7

Other non-current assets

9.1


12.8


11.1

Total non-current assets

694.1


669.1


622.7

Total assets

1,082.5


1,097.0


1,086.6







LIABILITIES AND EQUITY






LIABILITIES






Current liabilities






Short-term bank loans

-


-


31.7

Accounts payable and payables to contractors and
   equipment suppliers

70.4


44.5


45.8

Long-term bank loans, current portion

24.4


24.4


70.0

Long-term lease obligations payable, current portion

0.6


0.7


0.4

Other current liabilities

74.2


121.7


70.0

Total current liabilities

169.6


191.3


217.9







Non-current liabilities






Long-term bank loans

295.4


307.7


245.0

Long-term lease obligations payable

-


-


0.6

Other non-current liabilities

27.1


24.6


22.2

Total non-current liabilities

322.5


332.3


267.8

Total liabilities

492.1


523.6


485.7







EQUITY






Capital stock – common stock

246.0


246.0


289.5

Capital surplus

205.2


205.2


205.4

Retained earnings

166.8


151.5


138.5

Other equity interest

3.9


2.2


0.4

Treasury stock

(31.5)


(31.5)


(32.9)

Equity attributable to equity holders of the Company

590.4


573.4


600.9

Total equity

590.4


573.4


600.9

Total liabilities and equity

1,082.5


1,097.0


1,086.6







Note:

(1) All U.S. dollar figures in this release are based on the exchange rate of NT$30.61 against US$1.00 as of Dec. 31, 2018. The
convenience translation should not be construed as representations that the NT dollar amounts have been, or could be in the
future be, converted into US dollars at this or any other exchange rate.


 

ChipMOS TECHNOLOGIES INC.

UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

As of Dec. 31, Sep. 30, 2018, and Dec. 31, 2017

Figures in Millions of NT dollars (NTD)



Dec. 31, 2018


Sep. 30, 2018


Dec. 31, 2017

ASSETS

NTD


NTD


NTD

Current assets






Cash and cash equivalents

4,642.5


6,067.2


8,035.7

Current financial assets at amortized cost

169.2


-


-

Accounts and notes receivable, net

4,747.4


4,725.3


4,015.8

Inventories

1,778.8


1,770.1


1,929.2

Other current assets

550.2


535.0


220.3

Total current assets

11,888.1


13,097.6


14,201.0







Non-current assets






Financial assets at fair value through profit or loss

11.5


11.4


-

Financial assets at fair value through other
   comprehensive income

174.4


142.9


-

Non-current financial assets at amortized cost

99.1


-


-

Non-current financial assets carried at cost

-


-


20.9

Investments accounted for using equity method

3,863.7


3,954.2


3,433.3

Property, plant & equipment

16,819.6


15,979.9


15,265.3

Other non-current assets

277.3


391.7


339.4

Total non-current assets

21,245.6


20,480.1


19,058.9

Total assets

33,133.7


33,577.7


33,259.9







LIABILITIES AND EQUITY






LIABILITIES






Current liabilities






Short-term bank loans

-


-


969.4

Accounts payable and payables to contractors and
   equipment suppliers

2,154.4


1,360.7


1,401.4

Long-term bank loans, current portion

747.4


747.3


2,143.2

Long-term lease obligations payable, current portion

17.8


20.7


11.8

Other current liabilities

2,270.6


3,725.7


2,144.8

Total current liabilities

5,190.2


5,854.4


6,670.6







Non-current liabilities






Long-term bank loans

9,042.1


9,418.4


7,498.9

Long-term lease obligations payable

-


-


18.0

Other non-current liabilities

830.6


754.6


679.1

Total non-current liabilities

9,872.7


10,173.0


8,196.0

Total liabilities

15,062.9


16,027.4


14,866.6







EQUITY






Capital stock – common stock

7,528.6


7,529.0


8,863.0

Capital surplus

6,280.5


6,280.9


6,288.3

Retained earnings

5,104.5


4,636.1


4,237.9

Other equity interest

119.7


66.8


11.7

Treasury stock

(962.5)


(962.5)


(1,007.6)

Equity attributable to equity holders of the Company

18,070.8


17,550.3


18,393.3

Total equity

18,070.8


17,550.3


18,393.3

Total liabilities and equity

33,133.7


33,577.7


33,259.9

 

RECONCILIATIONS OF NON-GAAP MEASURES TO THE NEAREST COMPARABLE GAAP MEASURES

(Figures in Millions of U.S. dollars (USD)) 



The table below sets forth a reconciliation of our operating profit to non-GAAP free cash flow for the periods indicated:




Three months ended


Dec. 31, 2018


Sep. 30, 2018


Dec. 31, 2017


USD


USD


USD

Operating profit

25.9


20.8


10.9

Add: Depreciation

28.1


28.1


25.5

         Interest income

0.5


0.4


0.5

Less: Capital expenditures

(55.7)


(32.6)


(34.4)

         Interest expense

(1.3)


(1.1)


(1.5)

         Income tax expense

(5.7)


(4.1)


(1.6)

         Dividend

(8.4)


-


-

Non-GAAP free cash flow

(16.6)


11.5


(0.6)







The table below sets forth a reconciliation of our operating profit to non-GAAP EBITDA for the periods indicated:



Three months ended


Dec. 31, 2018


Sep. 30, 2018


Dec. 31, 2017


USD


USD


USD

Operating profit

25.9


20.8


10.9

Add: Depreciation

28.1


28.1


25.5

Non-GAAP EBITDA

54.0


48.9


36.4







The table below sets forth a calculation of our non-GAAP net debt to equity ratio for the periods indicated:








Dec. 31, 2018


Sep. 30, 2018


Dec. 31, 2017


USD


USD


USD

Short-term bank loans

-


-


31.7

Long-term bank loans
  
(including current portion)

319.8


332.1


315.0

Long-term lease obligations payable
  
(including current portion)

0.6


0.7


1.0

Less: Cash and cash equivalents

(151.7)


(198.2)


(262.5)

Net debt

168.7


134.6


85.2

Equity attributable to equity holders
   of the Company

590.4


573.4


600.9

Net debt to equity ratio

28.6%


23.5%


14.2%

 

Contacts:

In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES INC.

+886-6-5052388 ext. 7715

jesse_huang@chipmos.com

 

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com

 

Cision View original content:http://www.prnewswire.com/news-releases/chipmos-reports-fourth-quarter-and-full-year-2018-results-300808281.html

Source: ChipMOS TECHNOLOGIES INC.
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