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ChipMOS REPORTS APRIL 2025 REVENUE
Prnewswire· 2025-05-09 10:00
Core Viewpoint - ChipMOS Technologies Inc. reported a decrease in revenue for April 2025, reflecting broader industry trends [2][3]. Financial Performance - Revenue for April 2025 was NT$1,860.8 million (US$58.2 million), a decrease of 8.4% from March 2025 and a decrease of 0.4% from April 2024 [2][3]. - The month-over-month revenue change was from NT$2,031.6 million in March 2025 to NT$1,860.8 million in April 2025 [3]. Company Overview - ChipMOS is a leading provider of outsourced semiconductor assembly and test services (OSAT) with advanced facilities in Taiwan [4]. - The company serves fabless semiconductor companies, integrated device manufacturers, and independent semiconductor foundries across various end markets globally [4].
ChipMOS SCHEDULES FIRST QUARTER 2025 FINANCIAL RESULTS CONFERENCE CALL
Prnewswire· 2025-04-29 10:00
Core Viewpoint - ChipMOS Technologies Inc. will report its first quarter 2025 results and host a conference call on May 13, 2025, after the close of trading on the Taiwan Stock Exchange [1][2]. Company Overview - ChipMOS Technologies Inc. is a leading provider of outsourced semiconductor assembly and test services (OSAT) [3]. - The company operates advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park, and Southern Taiwan Science Park, known for its excellence and innovation [3]. - ChipMOS provides end-to-end assembly and test services to fabless semiconductor companies, integrated device manufacturers, and independent semiconductor foundries, serving various end markets globally [3]. Conference Call Details - The conference call is scheduled for May 13, 2025, at 3:00 PM Taiwan time (3:00 AM New York time) [2]. - Participants can join via the dial-in number +886-2-3396 1191, with a password of 3114513 [2]. - A webcast and replay will be available on the company's website, and a transcript will be provided in English after the call [2].
ChipMOS(IMOS) - 2024 Q4 - Annual Report
2025-04-15 10:15
Revenue Performance - Revenue increased by NT$1,340 million, or 6%, to NT$22,696 million (US$692 million) in 2024 from NT$21,356 million in 2023[302] - Revenue from testing services rose by NT$573 million, or 13%, to NT$4,968 million (US$152 million) in 2024, driven by a 10% increase in sales quantity compared to 2023[303] - Revenue from assembly services increased by NT$761 million, or 16%, to NT$5,390 million (US$164 million) in 2024, with a 36% increase in sales quantity compared to 2023[304] - Revenue from display panel driver semiconductor assembly and testing services decreased by NT$503 million, or 6%, to NT$7,319 million (US$223 million) in 2024, due to an 11% decrease in sales quantity compared to 2023[305] - Revenue from bumping services increased by NT$509 million, or 11%, to NT$5,019 million (US$153 million) in 2024, supported by a 5% increase in sales quantity compared to 2023[306] Profitability - Gross profit for 2024 was NT$2,944.1 million (US$89.8 million), with a gross profit margin of 13.0%[288] - Profit for the year attributable to equity holders of the Company was NT$1,440 million (US$44 million) in 2024, down from NT$1,968 million in 2023[297] - Operating profit decreased to NT$1,273.9 million (US$38.9 million) in 2024, representing a margin of 5.6%[299] - Gross profit decreased to NT$2,944 million (US$90 million) in 2024, with a gross margin of 13.0%, down from 16.6% in 2023[308] - The gross profit margin for testing services decreased to 19.2% in 2024 from 19.9% in 2023, attributed to rising costs outpacing revenue growth[309] - Net profit decreased by NT$528 million, or 27%, to NT$1,440 million (US$44 million) in 2024 from NT$1,968 million in 2023[320] Expenses - Cost of revenue increased by NT$1,945 million, or 11%, to NT$19,752 million (US$602 million) in 2024 from NT$17,807 million in 2023, driven by higher direct material and personnel-related expenses[307] - Research and development expenses are expected to increase as the Company continues to explore new technologies and service offerings[291] - Research and development expenses rose by NT$70 million, or 6%, to NT$1,163 million (US$36 million) in 2024, primarily due to increased personnel-related expenses and R&D material costs[317] - General and administrative expenses decreased by NT$20 million, or 4%, to NT$478 million (US$15 million) in 2024 from NT$498 million in 2023[316] Cash Flow and Financing - Net cash generated from operating activities amounted to NT$5,941 million (US$181 million) in 2024, a decrease from NT$6,607 million in 2023, primarily due to lower profit before income tax[329] - Net cash used in investing activities was NT$615 million (US$19 million) in 2024, mainly due to net payments for property, plant, and equipment[330] - Net cash used in financing activities amounted to NT$2,475 million (US$75 million) in 2024, compared to NT$1,059 million in 2023[331] - The company had cash and cash equivalents of NT$15,219 million (US$464 million) as of December 31, 2024[324] - The company believes current cash and cash equivalents will be sufficient to meet capital needs for the next year, despite global economic uncertainties[338] Debt and Taxation - As of December 31, 2024, long-term bank loans totaled NT$13,759 million (US$420 million), with NT$10,213 million (US$311 million) collateralized by assets[333] - Long-term bank loans are floating rate loans with rates between 1.325% to 1.875% as of December 31, 2024[333] - The company has a repayment schedule for long-term loans, with NT$3,326 million (US$102 million) due in 2025[336] - Tax credits resulted in tax savings of approximately NT$18 million (US$549 thousand) in 2024[341] - In 2024, tax credits for investment resulted in tax savings of approximately NT$75 million (US$2 million)[342] - The company is eligible for tax deductions on R&D expenditures, which can reduce income tax payable by up to 15%[341] Capacity Utilization - Average capacity utilization rate for testing of memory and logic/mixed-signal semiconductors was 63% in 2024, up from 58% in 2023[280] Other Income - Other operating income increased by NT$14 million, or 16%, to NT$100 million (US$3 million) in 2024, mainly due to increased insurance compensation income[318]
ChipMOS(IMOS) - 2024 Q4 - Annual Report
2025-04-15 10:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April, 2025 Commission File Number 001-37928 ChipMOS TECHNOLOGIES INC. (Translation of Registrant's Name Into English) No. 1, R&D Rd. 1, Hsinchu Science Park Hsinchu, Taiwan Republic of China (Address of Principal Executive Offices) (Indicate by check mark whether the registrant files or will file annual r ...
ChipMOS REPORTS YoY REVENUE INCREASE OF 5.1% IN MARCH 2025 AND 2.1% IN 1Q25 REVENUE
Prnewswire· 2025-04-10 10:00
Core Insights - ChipMOS TECHNOLOGIES INC. reported an increase in revenue for March 2025 and the first quarter of 2025, indicating positive trends in certain end markets and customer inventory levels [2][3]. Financial Performance - The revenue for the first quarter of 2025 was NT$5,532.3 million (US$166.7 million), reflecting a 2.5% increase from the fourth quarter of 2024 and a 2.1% increase from the first quarter of 2024 [2][4]. - March 2025 revenue was NT$2,031.6 million (US$61.2 million), marking a 15.7% increase from February 2025 and a 5.1% increase from March 2024 [3][4]. Market Context - The company noted that the revenue growth is attributed to improvements in specific end markets and customer inventory levels, along with a limited positive impact from an uptick in its turns business [2]. - ChipMOS is actively monitoring the evolving tariff situation and plans to adjust its strategies to support customers based on their exposure to the U.S. market [2]. Company Overview - ChipMOS is recognized as a leading provider of outsourced semiconductor assembly and test services, with advanced facilities located in Taiwan [5]. - The company serves a diverse range of clients, including fabless semiconductor companies, integrated device manufacturers, and independent semiconductor foundries [5].
ChipMOS to Present at BofA Securities 2025 Asia Tech Conference
Prnewswire· 2025-03-13 10:00
HSINCHU, March 13, 2025 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 andNasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today announced that it will present to institutional investors at the BofA Securities 2025 Asia Tech Conference, at the Grand Hyatt Taipei on Thursday, March 20, 2025.Management from the Company, including Jesse Huang, Senior Vice President of Strategy and Investor ...
ChipMOS REPORTS FEBRUARY 2025 REVENUE
Prnewswire· 2025-03-10 10:00
HSINCHU, March 10, 2025 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 andNasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of February 2025. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$32.89 to US$1.00 as of February 28, 2025.Revenue for the month of February 2025 was NT$1,755.4 ...
What To Do After ChipMOS Stock Slid Below $20 (Rating Downgrade)
Seeking Alpha· 2025-03-05 22:25
Core Insights - The article highlights the performance of a top stock pick for the year, showcasing significant returns over the past years, with an average return of 8.4% in 2023, 6.9% in 2022, 29.9% in 2021, and 49.9% in 2020 [2] Group 1: Investment Strategies - The company focuses on undervalued stocks that have upcoming catalysts which the market does not expect, referred to as "Top DIY Picks" [2] - It also emphasizes dividend-income stocks with a long history of dividend growth, providing a printable calendar and quantitative scores for investors [3] - Additionally, the company offers "DIY Risky Picks" for speculative allocations, targeting positive momentum for potential high returns [3]
ChipMOS REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS
Prnewswire· 2025-02-25 08:00
Core Insights - ChipMOS Technologies Inc. reported consolidated financial results for Q4 and the full year ended December 31, 2024, highlighting a decrease in quarterly revenue but an increase in annual revenue compared to the previous year [1][3]. Financial Performance - Q4 2024 revenue was NT$5,399.6 million (US$164.7 million), down 11.0% from Q3 2024 and down 5.7% from Q4 2023 [3]. - Full year 2024 revenue reached NT$22,695.9 million (US$692.2 million), marking a 6.3% increase from NT$21,356.2 million (US$651.3 million) in 2023 [3]. - Net profit for Q4 2024 was NT$232.2 million (US$7.1 million), a decrease from NT$299.4 million (US$9.1 million) in Q3 2024 and NT$482.0 million (US$14.7 million) in Q4 2023 [5]. - Full year net profit for 2024 was NT$1,420.0 million (US$43.3 million), down from NT$1,893.4 million (US$57.7 million) in 2023 [6]. Non-Operating Income - Q4 2024 net non-operating income was NT$154.6 million (US$4.7 million), a significant improvement from net non-operating expenses in both Q3 2024 and Q4 2023 [4]. - Full year net non-operating income for 2024 was NT$373.1 million (US$11.4 million), slightly up from NT$359.8 million (US$11.0 million) in 2023 [4]. Cash Flow and Liquidity - The net free cash outflow for the fiscal year 2024 was NT$938.3 million (US$28.6 million), primarily for capacity additions [7]. - The company maintained a strong cash position with NT$15,219.0 million (US$464.1 million) in cash and cash equivalents [7]. Shareholder Actions - The Board authorized a dividend of NT$1.2 per common share, pending shareholder approval at the May 2025 AGM [8]. - A share repurchase program of NT$350 million was announced [8]. Market Position - ChipMOS is recognized as an industry leader in outsourced semiconductor assembly and test services, serving a wide range of end markets globally [10].
ChipMOS SCHEDULES FOURTH QUARTER AND FULL YEAR 2024 FINANCIAL RESULTS CONFERENCE CALL
Prnewswire· 2025-02-11 10:00
Core Viewpoint - ChipMOS TECHNOLOGIES INC. will report its fourth quarter and full year 2024 results on February 25, 2025, and will host a conference call for investors and analysts [1][2]. Company Overview - ChipMOS TECHNOLOGIES INC. is a leading provider of outsourced semiconductor assembly and test services (OSAT) [3]. - The company operates advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park, and Southern Taiwan Science Park, known for its excellence and innovation [3]. - ChipMOS provides end-to-end assembly and test services to fabless semiconductor companies, integrated device manufacturers, and independent semiconductor foundries, serving various end markets globally [3]. Conference Call Details - The conference call will take place on February 25, 2025, at 3:00 PM Taiwan time (2:00 AM New York time) [2]. - Participants can join via a dial-in number and a webcast will be available on the company's website [2]. - A transcript of the call will be provided in English on the company's website to enhance transparency and understanding of the financial results [2].