omniture

ChipMOS REPORTS MAY 2018 REVENUE

2018-06-08 18:00 1186

HSINCHU, , June 8, 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 May 2018.  All U.S. dollar figures cited in this press release are based on the exchange rate of NT$29.99 to US$1.00 as of May 31, 2018.

Revenue for the month of May 2018 was NT$1,522.3 million or US$50.8 million, an increase of 7.3% from the month of April 2018 and a decrease of 0.2% from the same period in 2017.  The Company noted it is benefitting from a healthy business environment, with multiple new OLED, TDDI and 3D sensing programs now ramping and continued growth in the Company's DRAM services business.

Consolidated Monthly Revenues (Unaudited)


May 2018

April 2018

May 2017

MoM Change

YoY Change

Revenues

(NT$ million)

1,522.3

1,419.1

1,526.1

7.3%

-0.2%

Revenues

(US$ million)

50.8

47.3

50.9

7.3%

-0.2%

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. ChipMOS along with strategic investors, also owns an advanced facility in Shanghai.

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

g.s._shen@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-may-2018-revenue-300662259.html

Source: ChipMOS TECHNOLOGIES INC.
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