2024-10-20 08:39:14
Author: ChipMOS TECHNOLOGIES INC. / 2023-07-24 00:16 / Source: ChipMOS TECHNOLOGIES INC.

ChipMOS REPORTS 12.3% MoM INCREASE IN MARCH 2022 MONTHLY REVENUE; 4.0% YoY INCREASE IN 1Q22 QUARTERLY REVENUE

HSINCHU,April 8,2022 /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 March 2022and for the firstquarter ended March 31,2022. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$28.62toUS$1.00 as ofMarch 31,2022.

Revenue for thefirst quarter of 2022 was NT$6,725.2 million or US$235.0 million,representing a slight decrease of1.0%from the fourthquarter of 2021,and an increase of 4.0%fromthe first quarter of 2021. The Company noted its continued strong results reflect full utilization of its DDIC high-end test capacity. Q1 is typically a seasonally slower period for the industry with fewer working days than Q4.

Revenue for the month of March 2022was NT$2,355.3million or US$82.3 million,representing an increaseof12.3% fromFebruary 2022,and an increaseof0.5%fromMarch 2021.

Consolidated Monthly Revenues (Unaudited)


March 2022

February 2022

March 2021

MoM Change

YoY Change

Revenues

(NT$ million)

2,355.3

2,096.9

2,344.6

12.3%

0.5%

Revenues

(US$ million)

82.3

73.3

81.9

12.3%

0.5%

Consolidated Quarterly Revenues (Unaudited)


First Quarter

2022

Fourth Quarter

2021

First Quarter

2021

QoQ Change

YoY Change

Revenues

(NT$ million)

6,725.2

6,791.4

6,465.3

-1.0%

4.0%

Revenues

(US$ million)

235.0

237.3

225.9

-1.0%

4.0%

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 is known for its track record of excellence and history of innovation. The Company providesend-to-end 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,strategies,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,including the ongoingimpact of COVID-19. 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.

Contact

s

:

In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES INC.

+886-6-5052388 ext. 7715

IR@chipmos.com

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com

ChipMOS REPORTS 12.3% MoM INCREASE IN MARCH 2022 MONTHLY REVENUE; 4.0% YoY INCREASE IN 1Q22 QUARTERLY REVENUE

View original content:https://www.prnewswire.com/news-releases/chipmos-reports-12-3-mom-increase-in-march-2022-monthly-revenue-4-0-yoy-increase-in-1q22-quarterly-revenue-301520619.html

Tags: Computer Hardware Computer/Electronics Electronic Components Outsourcing Businesses Semiconductors

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