ChipMOS REPORTS 28.4% INCREASE IN JANUARY 2024 REVENUE YEAR OVER YEAR

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].