ChipMOS REPORTS 27.9% MoM INCREASE IN MARCH 2023; 1.7% QoQ DECREASE IN 1Q23 REVENUE
All U.S. dollar figures cited in this press release are based on the exchange rate of NT$30.48 to US$1.00 as of March 31, 2023.
- All U.S. dollar figures cited in this press release are based on the exchange rate of NT$30.48 to US$1.00 as of March 31, 2023.
- Revenue for the first quarter of 2023 was NT$4,605.1 million or US$151.1 million, representing a decrease of 1.7% from the fourth quarter of 2022, and a decrease of 31.5% from the first quarter of 2022.
- Revenue for the month of March 2023 was NT$1,837.7 million or US$60.3 million, representing an increase of 27.9% from February 2023, and a decrease of 22.0% from March 2022.
- The Company noted March represents the second sequential month of revenue growth reflecting a pick-up in demand of LCD drivers.