ChipMOS reported its unaudited consolidated revenue for the month of March and for the first quarter ended March 31, 2024. Revenue for the first quarter of 2024 was $169.7M, representing a decrease of 5.4% from the fourth quarter of 2023, and an increase of 17.7% from the first quarter of 2023. The company noted that it is benefitting from further inventory stabilization and demand recovery in its memory products. Revenue for the month of March 2024 was $60.5M, representing an increase of 8.8% from February, and an increase of 5.2% from March 2023.
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