ChipMOS quarterly revenues swell 12.9 percent
ChipMOS Technologies, a provider of outsourced semiconductor assembly and testing services has reported its unaudited consolidated revenue for the month of March 2014 and first quarter ended March 31st, 2014.
Revenue for the month of March 2014 was NT$1,740.0 million or US$57.1 million, an increase of 6.9 percent from the month of February 2014 and an increase of 7.9 percent from the same period in 2013.
On a quarterly basis, revenue for the first quarter of 2014 was NT$4,989.0 million or US$163.8 million, an increase of 2.0 percent from the fourth quarter of 2013 and an increase of 12.9 percent from the same period in 2013.
First quarter 2014 revenue came in at the high-end of the company's guidance, which called for revenue to be flat to up in the low single digits as compared to the fourth quarter of 2013, led by healthy demand from the LCD driver and memory market for both mobile applications and UHD TVs.
All U.S. figures in this release are based on the exchange rate of NT$30.45 to US$1.00 as of March 31st, 2014.
ChipMOS' March 2014 consolidated revenues includes revenues of ChipMOS Technologies Inc., ChipMOS U.S.A., Inc., ThaiLin Semiconductor Corp. and Modern Mind Technology Limited and its wholly-owned subsidiary ChipMOS Technologies (Shanghai) Ltd.