HSINCHU - ChipMOS TECHNOLOGIES INC. (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), a prominent provider of outsourced semiconductor assembly and test services, has announced a significant increase in its unaudited consolidated revenue for the fourth quarter of 2023. The company reported a 22.2% rise in revenue to NT$5,725.4 million, or approximately US$187.0 million, compared to the same period in the previous year. This also represents a 2.6% increase from the third quarter of 2023.
The revenue growth for the fourth quarter was attributed to improvements across the broader memory industry. For December 2023, ChipMOS saw a revenue of NT$1,881.5 million or US$61.4 million, which is a slight 0.4% increase from November 2023 and a substantial 21.1% increase from December 2022.
ChipMOS operates with advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park, and Southern Taiwan Science Park in Taiwan. The company has established a reputation for excellence and innovation, offering comprehensive assembly and test services to a wide range of customers, including fabless semiconductor companies, integrated device manufacturers, and independent semiconductor foundries.
The company's financial projections and future performance expectations were also discussed in the press release, with the usual caution that such forward-looking statements are subject to various factors that could cause actual results to differ materially.
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