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ChipMOS Reports Rise in Q3 Revenue; September Revenue Slips

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ChipMOS Reports Rise in Q3 Revenue; September Revenue Slips

Oct 9, 2024 4:21 AM

06:55 AM EDT, 10/09/2024 (MT Newswires) -- ChipMOS Technologies Inc Sponsored ADR (IMOS) reported Q3 revenue Wednesday of 6.07 billion new Taiwan dollars ($188.3 million), up 8.7% from NT$5.58 billion a year earlier.

The company said it is benefiting from "healthy supply and demand" led by its display driver integrated circuit business.

September revenue was NT$1.89 billion, down 1.2% from NT$1.91 billion a year earlier.

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