ChipMOS REPORTS DECEMBER 2016 AND 4Q16 REVENUE

HSINCHU, Taiwan, Jan. 9, 2017 — (PRNewswire) —

HSINCHU, Taiwan, Jan. 9, 2017 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of December 2016 and for the fourth quarter ended December 31, 2016.

Revenue for the fourth quarter of 2016 was NT$4,925.9 million or US$152.0 million, representing a decrease of 1.8% from the third quarter of 2016, and an increase of 3.6% from the fourth quarter of 2015. This was in-line with the Company's guidance, which called for revenue to be approximately flat to down in the low single digits, as compared to the third quarter of 2016, and was in-line with typical seasonality.

Revenue for the month of December 2016 was NT$1,677.6 million or US$51.8 million, an increase of 4.6% from the month of November 2016 and an increase of 6.5% from the same period in 2015.  All U.S. figures in this release are based on the exchange rate of NT$32.40 to US$1.00 as of December 30, 2016.

Consolidated Monthly Revenues (Unaudited)


December 2016

November 2016

December 2015

MoM Change

YoY Change

Revenues

(NT$ million)

1,677.6

1,603.1

1,574.7

4.6%

6.5%

Revenues

(US$ million)

51.8

49.5

48.6

4.6%

6.5%

 

Consolidated Quarterly Revenues (Unaudited)


Fourth Quarter 2016

Third Quarter 2016

Fourth Quarter 2015

QoQ Change

YoY Change

Revenues

(NT$ million)

4,925.9

5,015.6

4,755.0

-1.8%

3.6%

Revenues

(US$ million)

152.0

154.8

146.8

-1.8%

3.6%

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) ( http://www.chipmos.com) is an industry leading provider of semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan and Qingpu Industrial Zone in Shanghai, ChipMOS and its subsidiaries provide assembly and test services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.

Forward-Looking Statements

This press release contains certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar expressions or by discussion of, among other things, strategy, goals, plans or intentions. These statements include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. These risks and uncertainties include those discussed under "Cautionary Statement Concerning Forward Looking Statements" and "Risk Factors" in the prospectus included in the registration statement on Form F-4 that ChipMOS filed with the U.S. SEC.

Contacts:

In Taiwan

Dr. S.K. Chen

ChipMOS TECHNOLOGIES INC.

+886-6-507-7712

Email Contact

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

Email Contact

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/chipmos-reports-december-2016-and-4q16-revenue-300387509.html

SOURCE ChipMOS TECHNOLOGIES INC.

Contact:
ChipMOS TECHNOLOGIES INC.




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