HSINCHU, Taiwan, Sept. 9, 2016 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company'') (NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of August 2016.
Revenue for the month of August 2016 was NT$1,706.6 million or US$53.8 million, an increase of 5.2% from the month of July 2016 and an increase of 7.4% from the same period in 2015. The growth is attributed to healthy customer demand for the Company's large panel LCD driver assembly and testing solutions, demand stability in the small panel LCD driver segment, a slight improvement in demand for the Company's DRAM testing solutions, and the positive impact of a favorable exchange rate. All U.S. figures in this release are based on the exchange rate of NT$31.74 to US$1.00 as of August 31, 2016.
Consolidated Monthly Revenues (Unaudited)
|
|
August 2016
|
July 2016
|
August 2015
|
MoM Change
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YoY Change
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Revenues
(NT$ million)
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1,706.6
|
1,621.9
|
1,588.6
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5.2%
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7.4%
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Revenues
(US$ million)
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53.8
|
51.1
|
50.1
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5.2%
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7.4%
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ChipMOS' August 2016 consolidated revenue included revenues of ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan"), ChipMOS U.S.A., Inc., and ChipMOS TECHNOLOGIES (BVI) LTD. and its wholly-owned subsidiary ChipMOS TECHNOLOGIES (Shanghai) LTD.
About ChipMOS TECHNOLOGIES (Bermuda) LTD.:
ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company") (NASDAQ: IMOS) (http://www.chipmos.com) is an industry leading provider of semiconductor assembly and test services. With advanced facilities in Hsinchu and Southern Taiwan Science Parks in Taiwan and Shanghai, 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. The Company's majority-owned subsidiary, ChipMOS
Taiwan, is listed on the Taiwan Stock Exchange under Stock Ticker 8150.
Forward-Looking Statements
Certain statements contained in this announcement may be viewed as "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is 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.
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SOURCE ChipMOS TECHNOLOGIES (Bermuda) LTD.