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ChipMOS TECHNOLOGIES Q3 revenue $173.9 million

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Christian Fernsby ▼ | October 10, 2019
ChipMOS TECHNOLOGIES
ChipMOS TECHNOLOGIES   Revenue for the third quarter of 2019 was NT$5,399.1 million

ChipMOS TECHNOLOGIES reported its unaudited consolidated revenue for the month of September 2019 and for the third quarter ended September 30, 2019.

Topics: ChipMOS TECHNOLOGIES

All U.S. dollar figures are based on the exchange rate of NT$31.05 to US$1.00 as of September 30, 2019.

Revenue for the third quarter of 2019 was NT$5,399.1 million or US$173.9 million, representing an increase of 10.1% from the second quarter of 2019, and an increase of 7.9% from the third quarter of 2018.

This represents the highest quarterly revenue level since the first quarter of 2015.

The Company noted that it benefited from continued growth led by the addition of new NAND flash business, diversification of gold bumping for DDIC to wafer bumping of non-DDIC products, and stronger TDDI demand.

Revenue for the month of September 2019 was NT$1,749.6 million or US$56.3 million, a decrease of 8.5% from the month of August 2019 and an increase of 3.2% from the same period in 2018.

The decline from August 2019, which was the Company's highest monthly revenue level since December 2014, reflects a normal demand level for the September period combined with the impact of broader DDIC market softness related to softer TV demand.


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