ChipMOS REPORTS AUGUST 2022 REVENUE

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Sep 08, 2022, 06:00 ET

HSINCHU, Sept. 8, 2022 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 andNASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of August 2022. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$30.38 to US$1.00 as of August 31, 2022.

Revenue for the month of August 2022 was NT$1,715.1 million or US$56.5 million, a decrease of 12.0% compared to July 2022 and a decrease of 28.5% compared to August 2021. The Company noted that the sequential and year over year declines in its August revenue are consistent with the near-term demand and inventory adjustments impacting the broader semiconductor industry.

Consolidated Monthly Revenues (Unaudited)
	August 2022	July 2022	August 2021	MoM Change	YoY Change
Revenues (NT$ million)	1,715.1	1,948.0	2,399.3	-12.0 %	-28.5 %
Revenues (US$ million)	56.5	64.1	79.0	-12.0 %	-28.5 %

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 andNASDAQ: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide.

Forward-Looking Statements

This press release may contain 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, strategies, goals, plans or intentions. These statements may 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. Further information regarding these risks, uncertainties and other factors are included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") and in the Company's other filings with the SEC.

Contacts:

In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES INC.

+886-6-5052388 ext. 7715

[email protected]

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

[email protected]

SOURCE ChipMOS TECHNOLOGIES INC.