ChipMOS REPORTS JULY 2022 REVENUE
HSINCHU,Aug. 10,2022 /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 July 2022. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$29.91 toUS$1.00 as ofJuly 29,2022.
Revenue for the month of July 2022was NT$1,948.0million or US$65.1 million,a decreaseof19.4%compared to July 2021 and a decreaseof7.7% compared to June 2022. The Company noted the sequential and year over year declines in its July revenue reflect the change in near-term macro demand environment impacting the Company's DDIC business,which was partially offset by continued strength in its memory products business.
Consolidated Monthly Revenues (Unaudited)
July 2022
June 2022
July 2021
MoM Change
YoY Change
Revenues
(NT$ million)
1,948.0
2,110.8
2,417.9
-7.7%
-19.4%
Revenues
(US$ million)
65.1
70.6
80.8
-7.7%
-19.4%
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (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 provides end-to-end assembly and test services to leading fabless semiconductor companies,integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide.
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. 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
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