ChipMOS(IMOS)

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ChipMOS SCHEDULES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS CONFERENCE CALL
Prnewswire· 2024-01-23 11:00
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 ...
ChipMOS REPORTS 22.2% YoY INCREASE IN 4Q23 REVENUE AND 21.1% YoY INCREASE IN DECEMBER 2023 REVENUE
Prnewswire· 2024-01-10 11:00
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(IMOS) - 2023 Q3 - Earnings Call Transcript
2023-11-03 19:45
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 ...
ChipMOS(IMOS) - 2023 Q3 - Earnings Call Presentation
2023-11-03 18:00
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 ...
ChipMOS(IMOS) - 2023 Q3 - Quarterly Report
2023-11-01 16:00
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(IMOS) - 2023 Q2 - Earnings Call Transcript
2023-08-04 12:40
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 ...
ChipMOS(IMOS) - 2023 Q2 - Quarterly Report
2023-08-02 16:00
[FORM 6-K Filing Details](index=1&type=section&id=FORM%206-K%20Filing%20Details) This section outlines the administrative details of the Form 6-K filing by ChipMOS TECHNOLOGIES INC., including its identification and official signatures [Report Identification and Registrant Information](index=1&type=section&id=Report%20Identification%20and%20Registrant%20Information) This section details the administrative information of the filing, identifying it as a Form 6-K report for August 2023 by ChipMOS TECHNOLOGIES INC., a foreign private issuer filing under Form 20-F - The document is a **Form 6-K report** filed by ChipMOS TECHNOLOGIES INC. for August 2023[2](index=2&type=chunk) - ChipMOS TECHNOLOGIES INC. is a **foreign private issuer**, filing annual reports under Form 20-F[2](index=2&type=chunk) [Signatures](index=2&type=section&id=Signatures) The report was duly signed on August 3, 2023, by S. J. Cheng, Chairman & President of ChipMOS TECHNOLOGIES INC., confirming its authorization - The report was signed by **S. J. Cheng**, Chairman & President of ChipMOS TECHNOLOGIES INC[3](index=3&type=chunk) - The signing date of the report was **August 3, 2023**[3](index=3&type=chunk) [Board of Directors Meeting Resolutions](index=3&type=section&id=Board%20of%20Directors%20Meeting%20Resolutions) This section details the resolutions passed at the August 3, 2023, Board of Directors meeting, including financial statement approval and a managerial officer's appointment [Overview of Board Meeting and Resolutions](index=3&type=section&id=Overview%20of%20Board%20Meeting%20and%20Resolutions) On August 3, 2023, ChipMOS TECHNOLOGIES INC. held its 15th Board of Directors meeting, where key resolutions were passed and publicly announced, including the approval of consolidated financial statements and a decision regarding a managerial officer - The **15th meeting of the 10th Board of Directors** was held on **August 3, 2023**[4](index=4&type=chunk) - Key resolutions included the approval of consolidated financial statements and the release of a managerial officer from competitive activity restrictions[4](index=4&type=chunk)[5](index=5&type=chunk)[6](index=6&type=chunk) [Resolution 1: Consolidated Financial Statements](index=3&type=section&id=Resolution%201%3A%20Consolidated%20Financial%20Statements) The Board approved the consolidated financial statements for the six months ended June 30, 2023, reporting NT$10,049,258 thousand in operating revenue and NT$1.14 basic earnings per share, alongside total assets of NT$45,836,401 thousand Consolidated Financial Highlights (Six Months Ended June 30, 2023) | Metric | Amount (NT$ Thousand) | | :-------------------------- | :-------------------- | | Operating Revenue | 10,049,258 | | Gross Profit from Operations| 1,510,362 | | Operating Profit | 706,813 | | Profit Before Income Tax | 972,642 | | Profit for the Period | 830,878 | | Basic Earnings Per Share | 1.14 | Consolidated Balance Sheet Highlights (As of June 30, 2023) | Metric | Amount (NT$ Thousand) | | :-------------------------------------- | :-------------------- | | Total Assets | 45,836,401 | | Total Liabilities | 22,009,855 | | Equity Attributable to Equity Holders | 23,826,546 | [Resolution 2: Appointment and Approval for Managerial Officer](index=3&type=section&id=Resolution%202%3A%20Appointment%20and%20Approval%20for%20Managerial%20Officer) The Board resolved to appoint Mr. Min-Chang Xue, Assistant President, as the Company's representative for election as a director of Daypower Energy Co., Ltd., and granted approval for him to engage in competitive activities, waiving restrictions under Taiwan's Company Act - **Mr. Min-Chang Xue**, Assistant President, was appointed as the Company's representative for election as a director of Daypower Energy Co., Ltd[6](index=6&type=chunk) - The Board approved the release of Mr. Min-Chang Xue from restrictions on engaging in competitive activities, as defined by **Article 32 of Taiwan's Company Act**[4](index=4&type=chunk)[6](index=6&type=chunk)
ChipMOS(IMOS) - 2023 Q1 - Earnings Call Presentation
2023-05-05 02:50
Industry Leading Provider of Outsourced Semiconductor Assembly, Test & Bumping Services 1Q23 Results Conference May 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 fina ...
ChipMOS(IMOS) - 2023 Q1 - Earnings Call Transcript
2023-05-05 02:49
Financial Data and Key Metrics Changes - Q1 2023 revenue was NT$4,605 million, a decrease of 1.7% from Q4 2022. Gross margin was 12.4%, down 210 basis points from Q4 2022. Net earnings increased 27% to NT$0.28 per share compared to NT$0.22 in Q4 2022 [5][9][10] - Overall utilization rate increased to 52% in Q1 2023, with assembly utilization at 42% and testing average at 55% [5] - Net profit attributable to the company was NT$202 million in Q1, reflecting a 30.7% increase compared to Q4 2022 [11] Business Line Data and Key Metrics Changes - Assembly represented 23.4% of Q1 revenue, mixed-signal and memory testing around 22.3%, and wafer bumping approximately 19.6% [5] - DDIC products accounted for 35% of revenue, with gold bumping at 18%. Memory products represented 36.3% of total revenue, down 11.1% from Q4 2022 [6] - Revenue from DRAM and SRAM was about 15%, while mixed-signal products contributed around 10.8% [6] Market Data and Key Metrics Changes - Total revenue from automotive and industrial markets represented 23.3% of Q1 revenue, increasing by 10.8%. Smartphones and TVs accounted for 29% and 17% of revenue, respectively [7] - TDDI revenue increased about 15%, representing around 17% of Q1 DDIC revenue, while OLED accounted for about 9% [7] Company Strategy and Development Direction - The company expects Q1 to be the bottom, with gradual recovery anticipated throughout 2023, despite ongoing macroeconomic pressures [15] - A cautious approach to capital expenditures is planned, focusing on investments in green energy, AI, and automation [16] - The board approved a dividend of NT$2.3 per common share, pending shareholder approval, reflecting the company's strong market position and commitment to shareholder value [16] Management's Comments on Operating Environment and Future Outlook - Management noted that while there are headwinds from inflation and inventory adjustments, there are signs of demand recovery in specific areas, particularly in automotive panels and TDDI [15] - Memory product recovery is expected to lag behind DDIC and mixed-signal products, with a more noticeable rebound anticipated starting in Q3 [15][27] Other Important Information - Total assets at the end of Q1 2023 were NT$45,710 million, with total liabilities at NT$20,663 million and total equity at NT$25,047 million [12] - Cash and cash equivalents increased to NT$11,736 million, with a net free cash inflow of NT$1,033 million for Q1 2023 [13] Q&A Session Summary Question: Impact of lower gross margin in Q1 - Management indicated that March revenue grew about 28% month-over-month, but negative factors still affected gross margin, including a weaker U.S. dollar [18][19] Question: Tax rate and investment tax credit - The average tax rate is expected to be between 19% to 21%, influenced by unrealized items and investment tax credits [20] Question: Performance of smart mobile segment - Encouraging signs were noted in TDDI and OLED demand, particularly from the repair market [21][22] Question: Causes for lower gross margin - Increased gold consumption in gold bumping led to higher raw material costs, affecting gross margin [23] Question: Growth expectations for Q2 - Significant growth in DDIC revenue is expected due to reduced wafer bank and new orders from customers [25][26] Question: Visibility for memory segment recovery - Recovery in the memory segment is anticipated to be more evident starting in Q3, with NOR, NAND, and niche DRAM expected to perform better than commodity DRAM [27]
ChipMOS(IMOS) - 2022 Q4 - Annual Report
2023-04-12 16:00
As filed with the Securities and Exchange Commission on April 13, 2023 | --- | --- | |-------|------------------------| | | | | | UNITED STATES | | | Washington, D.C. 20549 | | | | | | FORM 20-F | SECURITIES AND EXCHANGE COMMISSION ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 O ...