ChipMOS reports August revenue $57.5M, up 6.9%

ChipMOS reported its unaudited consolidated revenue for the month of August. Revenue for the month of August was $57.5M, representing a slight decrease of 0.2% from July and an increase of 6.9% from August 2022. The company noted August’s high single-digit year-over-year revenue growth, which was essentially flat on a month-over-month basis, reflects additional stabilization in loading levels of its DDIC high-end test platform, and further signs of improvement in its Memory business.