ChipMOS REPORTS 17.7% YoY INCREASE IN 1Q24 REVENUE AND 5.2% YoY INCREASE IN MARCH 2024 REVENUE
All U.S. dollar figures cited in this press release are based on the exchange rate of NT$31.93 to US$1.00 as of March 29, 2024.
- All U.S. dollar figures cited in this press release are based on the exchange rate of NT$31.93 to US$1.00 as of March 29, 2024.
- Revenue for the first quarter of 2024 was NT$5,418.7 million or US$169.7 million, representing a decrease of 5.4% from the fourth quarter of 2023, and an increase of 17.7% from the first quarter of 2023.
- The Company noted that it is benefitting from further inventory stabilization and demand recovery in its memory products.
- Revenue for the month of March 2024 was NT$1,933.2 million or US$60.5 million, representing an increase of 8.8% from February 2024, and an increase of 5.2% from March 2023.