Financial Data and Key Metrics Changes - Q3 2024 revenue increased by 4.4% compared to Q2 2024 and was up 8.7% year-over-year [7][21] - Q3 gross profit increased by 3.4% compared to Q2 2024, while gross margin remained flat at 13.9%, down 2.0 percentage points from Q3 2023 [7][21] - Net earnings for Q3 2024 were NT$ 0.41 per share, a decrease of 33.6% compared to Q2 2024 and a decrease of 48.4% compared to Q3 2023 [21][22] - Total assets at the end of Q3 2024 were NT$ 45,291 million, with total liabilities of NT$ 20,449 million and total equity of NT$ 24,842 million [23] Business Line Data and Key Metrics Changes - Assembly represented 22.1% of Q3 revenue, while mixed-signal and memory testing represented 22.8% and wafer bumping represented 23.2% [9] - Memory products accounted for 36.3% of total Q3 revenue, with DRAM and SRAM representing 13.6% [10] - Driver IC and gold bump revenue represented 53.1% of total Q3 revenue, with gold bump revenue up 14.5% compared to Q2 2024 [13] Market Data and Key Metrics Changes - Smartphone revenue represented 39.5% of total Q3 revenue, up 10.6% compared to Q2 2024, driven by new OLED projects [16] - Automotive and industrial revenue represented 21.2% of Q3 revenue, up 1.6% compared to Q2 2024 [15] - TV panel demand represented 16.3% of Q3 revenue, down 10% compared to Q2 2024, reflecting broader demand softness [15] Company Strategy and Development Direction - The company is focusing on improving operating leverage, expense management, and overall efficiency while adding capacity through disciplined capital allocation [6] - A conservative outlook for Q4 2024 is anticipated due to continued headwinds and customer inventory adjustments [27] - The company is working on a low-cost silver alloy bump solution to enhance competitive positioning in the DDIC market [32] Management's Comments on Operating Environment and Future Outlook - Management expects the second half of 2024 to be better than the first half, aligning with insights from major semiconductor companies [28] - A slight correction in memory products is expected in Q4 due to softer demand and inventory adjustments [28] - The company is optimistic about the trend of upgrading commodity DRAM to DDR5 and high-density NAND Flash [40] Other Important Information - Total Q3 2024 revenue was NT$ 6,068 million, with net profit attributable to the company at NT$ 299 million [18] - Capital expenditures in Q3 were NT$ 2,089 million, with a breakdown across various segments [26] - The company's dividend policy remains between 40% to 60% of earnings [43] Q&A Session Summary Question: Guidelines for 2024 and 2025 CapEx - Expected CapEx for 2024 is 20% to 25% and for 2025 is roughly 15% to 20% [34] Question: Guidelines for depreciation - Depreciation for Q4 2024 to Q1 2025 is expected to increase by 3% to 4% quarterly [35] Question: Strategy against competition from China - The company is cooperating with customers on a low-cost silver alloy bump solution and expects to enhance competitive positioning [36] Question: Outlook for DDIC and Memory segments in 2025 - Anticipated rush orders for large panel DDIC and improving inventory levels [38] Question: Business opportunities from competitors in OLED market - The company is closely following product roadmaps of long-time customers to grow together [39] Question: Memory outlook in 2025 - Optimism about upgrading commodity DRAM to DDR5 and high-density NAND Flash [40]

Industry Leading Provider of Outsourced Semiconductor Assembly, Test & Bumping Services 3Q24 Results Conference November 2024 Safe Harbor Notice This presentation 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, strategies, goals, plans or intentions. These statements may include f ...

Core Insights - ChipMOS TECHNOLOGIES INC. reported a revenue increase of 4.4% in Q3 2024 compared to Q2 2024, and an 8.7% growth compared to Q3 2023 [1][2] - The company experienced a gross profit expansion of 3.4% in Q3 2024 compared to Q2 2024 [1] - The overall utilization rate remained healthy at 67% [1] Financial Performance - Revenue for Q3 2024 was NT$6,068.0 million or US$191.7 million, up from NT$5,809.6 million or US$183.6 million in Q2 2024 and NT$5,581.5 million or US$176.4 million in Q3 2023 [2] - Net profit attributable to equity holders for Q3 2024 was NT$299.4 million or US$9.5 million, down from NT$450.6 million or US$14.2 million in Q2 2024 and NT$580.6 million or US$18.3 million in Q3 2023 [4] - Net earnings per basic common share were NT$0.41 or US$0.01 in Q3 2024, compared to NT$0.62 or US$0.02 in Q2 2024 and NT$0.80 or US$0.03 in Q3 2023 [4] Non-Operating Income and Expenses - Net non-operating expenses in Q3 2024 were NT$65.3 million or US$2.1 million, a decline from net non-operating income of NT$127.6 million or US$4.0 million in Q2 2024 [3] - The results were impacted by a foreign exchange loss of NT$73 million or US$2.3 million in Q3 2024, compared to a foreign exchange gain of NT$25 million or US$0.8 million in Q2 2024 [3] Cash Position - The company maintained a strong financial position with a balance of cash and cash equivalents of NT$13,776.6 million or US$435.3 million [1][5] - Net free cash outflow for the first nine months of 2024 was NT$400.6 million or US$12.7 million, primarily for capacity additions [5] Company Overview - ChipMOS is an industry-leading provider of outsourced semiconductor assembly and test services, with advanced facilities in Taiwan [7] - The company serves fabless semiconductor companies, integrated device manufacturers, and independent semiconductor foundries across various end markets worldwide [7]

HSINCHU, Oct. 17, 2024 /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 report third quarter 2024 results and host a conference call after the close of trading on the Taiwan Stock Exchange on Tuesday, November 5, 2024.Investors and analysts are encouraged to participate using the dial-in phone number noted be ...

HSINCHU, Oct. 9, 2024 /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 September 2024 and for the third quarter ended September 30, 2024. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$31.65 to US$1.00 as of September 30, 2024.Rev ...

HSINCHU, Sept. 19, 2024 /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 UBS Taiwan Summit 2024, at the W Taipei Hotel, on Wednesday, September 25, 2024.Management from the Company, including Jesse Huang, Senior Vice President of Strategy and Investor Relations, will ...

HSINCHU, Sept. 12, 2024 /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 Yuanta Securities' Q3 2024 Investment Forum, at the Regent Hotel Taipei, on Thursday, September 19, 2024.Management from the Company, including Jesse Huang, Senior Vice President of Strategy and Inve ...

HSINCHU, Sept. 10, 2024 /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 August 2024. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$31.95 to US$1.00 as of August 30, 2024.Revenue for the month of August 2024 was NT$2,115.8 millio ...

ChipMOS TECHNOLOGIES INC. (NASDAQ:IMOS) Q2 2024 Earnings Conference Call August 13, 2024 3:00 AM ET Company Participants GS Shen - Technical Deputy Director-Strategy & IR SJ Cheng - Chairman & President Silvia Su - VP, Finance & Accounting Management Center Conference Call Participants Anthony Liu - Yuanta Operator Greetings, and welcome to the ChipMOS Second Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal p ...

Industry Leading Provider of Outsourced Semiconductor Assembly, Test & Bumping Services 2Q24 Results Conference August 2024 Safe Harbor Notice This presentation 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, strategies, goals, plans or intentions. These statements may include fin ...