Chipmos Technologies (NASDAQ:IMOS) – an industry leading provider of outsourced semiconductor assembly and testing services (“OSAT”), today reported:
its unaudited consolidated revenue for the month of August 2014, and commented on its outlook for the third quarter of 2014.
Revenue for the month of August 2014 was NT$1,954.0 million or US$65.4 million, an increase of 0.5% from the month of July 2014 and an increase of 14.1% from the same period in 2013. All U.S. figures in this release are based on the exchange rate of NT$29.88 to US$1.00 as of August 29, 2014.
Chipmos Technologies (NASDAQ:IMOS) – strong customer demand
Based on continued strong customer demand in both the Company’s LCD driver IC and memory segments, the Company now expects revenue and gross margin on a consolidated basis for the third quarter of 2014 will be at the high end of the Company’s original guidance. On August 12, 2014, the Company provided guidance that it expected revenue of third quarter of 2014 to increase in the range of approximately 3% to 7% as compared to the second quarter of 2014, with gross margin on a consolidated basis to be in the range of approximately 23% to 26% for the third quarter of 2014.