FX.co ★ ChipMOS Q1 Revenue Up 17.7% YoY - Quick Facts

ChipMOS Technologies Inc. recently disclosed its unaudited consolidated income for March 2024 and the first quarter ending on the same date. The first quarter's revenue for 2024 clocked in at NT$5.42 billion, marking a significant 17.7% increase from the same quarter in 2023. The company attributes this growth to the further stabilization of their inventory and the recovery in demand for their memory products.

Furthermore, revenues for March 2024 amounted to NT$1.93 billion, up by 5.2% compared to March 2023.