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ChipMOS REPORTS OCTOBER 2016 REVENUE

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HSINCHU, Taiwan, Nov. 10, 2016 /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 October 2016. 

Revenue for the month of October 2016 was NT$1,645.2 million or US$52.2 million, a decrease of 2.5% from the month of September 2016 and an increase of 2.6% from the same period in 2015. All U.S. figures in this release are based on the exchange rate of NT$31.54 to US$1.00 as of October 31, 2016.

Consolidated Monthly Revenues (Unaudited)


October 2016

September 2016

October 2015

MoM Change

YoY Change

Revenues

(NT$ million)

1,645.2

1,687.1

1,603.6

-2.5%

2.6%

Revenues

(US$ million)

52.2

53.5

50.8

-2.5%

2.6%

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. ("ChipMOS") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), was established in August 1997 and is an industry leading provider of semiconductor assembly and test services. ChipMOS is a leader in Taiwan's IC packaging and testing industry as well and has one of the world's largest LCD driver capacity footprints for packaging and testing. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan and Qingpu Industrial Zone in Shanghai, China, ChipMOS and its subsidiaries provide assembly and test services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries. For more details, please refer to ChipMOS's website http://www.chipmos.com.

Forward-Looking Statements

This press release contains 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 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. These risks and uncertainties include those discussed under "Cautionary Statement Concerning Forward Looking Statements" and "Risk Factors" in the prospectus included in the registration statement on Form F-4 that ChipMOS Taiwan filed with the U.S. SEC.

Contacts:

In Taiwan

Dr. S.K. Chen

ChipMOS TECHNOLOGIES INC.

+886-6-507-7712

s.k._chen@chipmos.com

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/chipmos-reports-october-2016-revenue-300360464.html

SOURCE ChipMOS TECHNOLOGIES INC.

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