Financial Data and Key Metrics Changes - Q4 2023 revenue increased by 22.2% compared to Q4 2022 and was up 2.6% from Q3 2023 [4] - Full year 2023 revenue declined by 9.2% compared to 2022 due to industry headwinds and inventory corrections [4] - Q4 gross margin increased by 560 basis points to 20.1% from 14.5% in Q4 2022, and increased by 420 basis points compared to Q3 2023 [5] - Overall gross margin for 2023 decreased by 430 basis points to 16.6% compared to 2022 [13] - Net earnings in Q4 2023 tripled to NT$0.66 from NT$0.22 in Q4 2022 but decreased from NT$0.80 in Q3 2023 [5] - Total assets at the end of Q4 2023 were NT$46,161 million, with total liabilities at NT$21,307 million [15] Business Line Data and Key Metrics Changes - Assembly represented 23.2% of Q4 revenue, mixed-signal and memory testing represented around 19.9%, and wafer bumping represented around 20.4% of Q4 revenue [5] - Memory products accounted for about 36.2% of total Q4 revenue, with memory product revenue up 9.5% compared to Q3 2023 [6] - DRAM revenue increased by 28.4% compared to Q3 2023, representing about 16.9% of total Q4 revenue [6] - Gold bump revenue decreased by 9% compared to Q3 2023, while DDIC revenue was up by 0.9% compared to Q3 2023 [7] Market Data and Key Metrics Changes - Total revenue from Automotive and Industrial was up 6.9% compared to Q3 and represented about 21.2% of Q4 revenue [8] - Smartphones represented about 35.2% of Q4 revenue, increasing by 7.3% compared to Q3 [8] - Revenue from Automotive panels increased by 11.8% from Q3, accounting for more than 25% of Q4 DDIC revenue [7] Company Strategy and Development Direction - The company plans to invest conservatively in 2024, similar to 2023, focusing on Green Energy, Automation, Robotics, and AI [19] - The company aims to maintain its competitive advantage by investing in R&D and developing core technologies [34] - The Board approved a dividend of TWD1.8 per common share, reflecting the company's strong market position and focus on shareholder value [20] Management's Comments on Operating Environment and Future Outlook - The company expects Q1 2024 to be the trough quarter, with operating momentum improving in the second half of 2024 [18] - Management noted that while there is softness in end product demand for certain products, Automotive panel and OLED demand are expected to remain stable [19] - The company anticipates positive annual revenue growth in 2024 despite cost increases from green energy requirements [31] Other Important Information - The effective tax rate for 2024 is expected to be around 17% to 19% [25] - The company invested NT$1,499 million in CapEx in Q4 2023 and NT$3,228 million in CapEx for the full year 2023 [17] Q&A Session Summary Question: Why did gross margin go up so much in Q4? - Management attributed the increase to lower electricity charges, reduced gold material charges, and decreased depreciation [22] Question: Could you provide a more detailed outlook about Q1 2024, for revenue and gross margin? - Management expects Q1 2024 to be the normal trough quarter, with operating momentum improving throughout the year [24] Question: What is your CapEx, depreciation, and effective income tax rate for 2024? - CapEx is expected to be around 15% of annual revenue, with depreciation rates increasing by 1% to 3% quarterly and an effective tax rate of 17% to 19% [25] Question: Please give us more color on the CapEx increase QoQ from DDIC? - CapEx was mainly used for high-end testers in Q4 2023 [26] Question: What is the DDIC high-end tester utilization rate after the Lunar New Year holiday? - The high-end tester utilization rate remains high, while mid to low-end tester utilization has declined [28] Question: Please give us more color about revenue for the first half and second half of 2024? - Estimated revenue for the first half is around 46% to 47%, and for the second half, around 53% to 54% [30] Question: Comparing revenue and gross margin for the growth momentum of 2024, which one could perform better? - Positive revenue growth is expected, but cost increases from green energy requirements may impact gross margin [31] Question: The Company benefited from automotive market demand in 2023, however, the end demand seems to be slowing down. What can you comment on this segment in 2024? - Management expects the automotive segment to be flattish year-over-year in 2024 [33] Question: Is there any plan for high-end tester capacity expansion in 2024? - Capacity expansion will depend on customer demand and utilization levels [36]

Industry Leading Provider of Outsourced Semiconductor Assembly, Test & Bumping Services 4Q23 & Full Year Results Conference February 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 ...

Core Viewpoint - ChipMOS TECHNOLOGIES INC. reported a significant year-over-year revenue increase of 28.4% for January 2024, despite a month-over-month decline of 9.2% from December 2023, indicating a recovery in demand for memory products [1][2][3]. Revenue Summary - January 2024 revenue was NT$1,708.5 million (US$54.6 million), down from NT$1,881.5 million (US$60.1 million) in December 2023, but up from NT$1,330.2 million (US$42.5 million) in January 2023 [2][3]. - The year-over-year revenue growth of 28.4% reflects improved inventory stabilization and demand recovery in memory products [1][3]. Company Overview - ChipMOS is a leading provider of outsourced semiconductor assembly and test services (OSAT), with advanced facilities located in Hsinchu Science Park, Hsinchu Industrial Park, and Southern Taiwan Science Park [1]. - The company serves a wide range of clients, including fabless semiconductor companies, integrated device manufacturers, and independent semiconductor foundries, catering to virtually all end markets globally [1].

HSINCHU, Jan. 23, 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 fourth quarter and full year 2023 results and host a conference call after the close of trading on the Taiwan Stock Exchange on Thursday, February 22, 2024. Investors and analysts are encouraged to participate using the dial-in pho ...

Core Insights - ChipMOS TECHNOLOGIES INC. reported a significant revenue increase for the fourth quarter of 2023, with a year-over-year growth of 22.2% to NT$5,725.4 million (US$187.0 million) and a quarter-over-quarter increase of 2.6% from the third quarter of 2023, driven by improvements in the broader memory industry [1][2][3] - December 2023 revenue reached NT$1,881.5 million (US$61.4 million), marking a 0.4% increase from November 2023 and a 21.1% increase compared to December 2022 [2][3] Revenue Summary - Fourth Quarter 2023 Revenue: NT$5,725.4 million (US$187.0 million), up 22.2% YoY and 2.6% QoQ [1][3] - December 2023 Revenue: NT$1,881.5 million (US$61.4 million), up 21.1% YoY and 0.4% MoM [2][3]

ChipMOS TECHNOLOGIES, Inc. (NASDAQ:IMOS) Q3 2023 Earnings Conference Call November 2, 2023 3:00 AM ET Company Participants G.S. Shen - Strategy & IR S.J. Cheng - Chairman & President Silvia Su - VP, Finance & Accounting Management Center Jesse Huang - Spokesperson & SVP, Strategy & IR Conference Call Participants Stanley Wang - SinoPac Operator Greetings, and welcome to the ChipMOS Third Quarter 2023 Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer ses ...

Industry Leading Provider of Outsourced Semiconductor Assembly, Test & Bumping Services 3Q23 Results Conference November 2023 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 ...

Financial Performance - 3Q23 revenue reached NT$5,581.5 million, representing a QoQ increase of 2.5% and a YoY increase of 6.2%[22] - Gross margin for 3Q23 was 15.9%, down 1.4 percentage points QoQ but up 0.4 percentage points YoY[22] - Profit attributable to the company in 3Q23 was NT$580.6 million, a decrease of 7.6% QoQ and 13.6% YoY[22] - EPS attributable to the company for 3Q23 was NT$0.80, down 7.0% QoQ and 13.0% YoY[22] Revenue Breakdown - The revenue breakdown by end market shows Smart Mobile at 33.7% (QoQ +2.5%) and Consumer at 23.6% (QoQ +13.3%)[19] Capital Expenditure and Depreciation - CapEx for 3Q23 was NT$724.5 million, while depreciation was NT$1,214.1 million[41] - The company plans to control CapEx based on customer demand amid softer demand in certain sectors[45] Market Outlook - The company anticipates a cautiously conservative outlook for Q4 due to ongoing market fluctuations[45] - Demand for NAND Flash is rebounding, while DDIC demand remains stable for auto panels and OLED[45] - High utilization levels for high-end DDIC test platforms are nearing full occupancy[45]

ChipMOS TECHNOLOGIES, Inc. (NASDAQ:IMOS) Q2 2023 Earnings Conference Call August 2, 2023 3:00 AM ET Company Participants G.S. Shen - IR S.J. Cheng - Chairman & President Silvia Su - VP, Finance & Accounting Management Center Jesse Huang - Spokesperson & SVP, Strategy & IR Conference Call Participants Jerry Su - Credit Suisse Anthony Liu - Yuanta Operator Greetings, and welcome to the ChipMOS Second Quarter 2023 Results Conference Call. At this time, all participants are in a listen-only mode. A question-an ...

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 August, 2023 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 ...