ChipMOS REPORTS FEBRUARY 2020 REVENUE

Taiwan News
Date: 2020/03/09
By:  prnasia.com

HSINCHU, March 9, 2020 /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 February 2020. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$30.18 to US$1.00 as of February 28, 2020.

Revenue for the month of February 2020 was NT$1,887.7 million or US$62.5 million, an increase of 9.0% from the month of January 2020 and an increase of 42.1% from the same period in 2019. The Company noted it is closely following all guidelines and regulations provided by The Taiwan Centers for Disease Controls (CDC) and other regulatory agencies. ChipMOS has taken a series of actions to ensure the health and safety of its employees, while maintaining the reliability and quality customers rely on ChipMOS for. None of the Company's employees have contracted the COVID-19 virus and it restarted all manufacturing facilities on schedule after the planned New Year's Holiday closure with no delays or disruptions up to date. ChipMOS is maintaining full inventory levels to ensure uninterrupted service to its customers.

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.    [FULL  STORY]

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