What is going on with IMOS?
ChipMOS TECHNOLOGIES Inc. (IMOS) stock fell today after the company reported its unaudited consolidated revenue for the month of August 2021, recording 26.1% year-over-year growth to reach a new record revenue level for the month of August.
ChipMOS is a leading provider of outsourced semiconductor assembly and test services.
Shares of IMOS declined 2.84% to $32.15 Friday morning.
What does this mean for ChipMOS?
With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park, and Southern Taiwan Science Park in Taiwan, ChipMOS provides assembly and test services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers, and independent semiconductor foundries.
For the month of August 2021, revenue was $86.7 million, an increase of 26.1% compared to August 2020 and a decrease of 0.8% compared to July 2021.
ChipMOS also noted a strengthening in its memory test and bumping businesses, as it continues to maintain high utilization level.
ChipMOS is a Taiwan-based company. All figures are based on the exchange rate of NT$27.66 to US$1.00 as of August 31, 2021.
IMOS has a Short-Term Technical Rank of 79. Find out what this means to you and get the rest of the rankings on IMOS!
ChipMOS TECHNOLOGIES Inc provides semiconductor testing and packaging solutions to fabless companies, integrated device manufacturers, and foundries. Back-end testing services are offered for high-density memory, mixed-signal, and liquid crystal display driver semiconductors. Packaging and testing operations are held in Taiwan, but services are offered to a global client base. Testing solutions are carried out for the complete spectrum of integrated circuits, including digital logic, ASIC, high-speed digital, memory, mixed-signal, and LCD devices. Customers seeking package solutions are also offered a diverse group of options that include leadframe-based packages, substrate-based packages, and others.
