ChipMOS REPORTS 25.2% INCREASE IN 1Q20 REVENUE; MARCH MONTHLY REVENUE INCREASES 24.2%
ChipMOS TECHNOLOGIES INC. - American Depositary Shares (IMOS)
Last chipmos technologies inc. - american depositary shares earnings: 11/9 01:00 am
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Source: PR Newswire
HSINCHU, Taiwan, April 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 March 2020 and for the first quarter ended March 31, 2020. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$30.25 to US$1.00 as of March 31, 2020. Revenue for the first quarter of 2020 was NT$5,586.8 million or US$184.7 million, representing an increase of 0.3% from the fourth quarter of 2019, and an increase of 25.2% from the first quarter of 2019. Revenue for the month of March 2020 was NT$1,966.8 million or US$65.0 million, an increase of 4.2% from February 2020 and an increase of 24.2% from March 2019. The Company noted its first quarter 2020 revenue represents a five year record high. ChipMOS is benefitting from continued
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