ChipMOS Technologies Reports Decline in October Revenue

ChipMOS Technologies (IMOS) has released an update.

ChipMOS Technologies, a leading provider of outsourced semiconductor assembly and test services, reported a decline in revenue for October 2024, registering NT$1,784.9 million (US$55.8 million). This reflects a month-over-month decrease of 5.5% and a year-over-year drop of 9.4%, aligning with the company’s earlier predictions of fluctuating market demands for DRAM and NAND flash. The company continues to navigate a challenging market environment characterized by conservative ordering and inventory adjustments.

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