ChipMOS Technologies Reports Decline in October Revenue
In This Article:
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.
For further insights into IMOS stock, check out TipRanks’ Stock Analysis page.
Trending Articles
Terms and Privacy Policy