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ChipMOS Technologies Posts Strong Revenue Growth

ChipMOS Technologies Posts Strong Revenue Growth

ChipMOS Technologies (IMOS) has released an update.

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ChipMOS Technologies Inc. has reported a notable increase in revenues, with a 6.7% year-over-year growth in Q2 2024 and a 7.2% rise in June 2024 compared to the previous year. This positive financial momentum is attributed to heightened demand for DDIC and sustained high utilization levels of their advanced test platforms. Despite a monthly decline from May to June 2024, the overall trajectory points to robust performance in the semiconductor assembly and test services sector.

For further insights into IMOS stock, check out TipRanks’ Stock Analysis page.

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