ChipMOS REPORTS DECEMBER 2018 AND 4Q18 REVENUE
HSINCHU,Jan. 10,2019 /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 December 2018and for the fourthquarter ended December 31,2018. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$30.61 toUS$1.00 as of December 31,2018.
Revenue for the month of December 2018was NT$1,538.0million or US$50.2 million,a decreaseof5.1%fromthe month of November 2018 and an increaseof 9.0% fromthe same period in2017.
Revenue for thefourth quarter of 2018 was NT$4,972.3 million or US$162.4 million,representing a decrease of 0.7%fromthe third quarter of 2018,and an increase of 12.8%from the fourthquarter of 2017.
The Company noted it is continuing to benefit from strong demand for TDDI with higher utilization levels of related wafer test,and mixed signal product. Revenue growth was adversely impacted by broader macro softness in the memory market.
Consolidated Monthly Revenues (Unaudited)
December 2018
November 2018
December 2017
MoM Change
YoY Change
Revenues
(NT$ million)
1,538.0
1,620.8
1,411.6
-5.1%
9.0%
Revenues
(US$ million)
50.2
53.0
46.1
-5.1%
9.0%
Consolidated Quarterly Revenues (Unaudited)
Fourth Quarter 2018
Third Quarter 2018
Fourth Quarter 2017
QoQ Change
YoY Change
Revenues
(NT$ million)
4,972.3
5,005.2
4,408.3
-0.7%
12.8%
Revenues
(US$ million)
162.4
163.5
144.0
-0.7%
12.8%
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC.(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
jesse_huang@chipmos.com
In the U.S.
David Pasquale
Global IR Partners
+1-914-337-8801
dpasquale@globalirpartners.com
View original content:/news-releases/chipmos-reports-december-2018-and-4q18-revenue-300776160.html