ChipMOS reports Q2 revenue $174.8M, up 18.2%

ChipMOS reported its unaudited consolidated revenue for the month of June and for the second quarter ended June 30. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$31.14 to $1.00 as of June 30. Revenue for the second quarter of 2023 was $174.8M, representing an increase of 18.2% from the first quarter and a decrease of 20.5% from the second quarter of 2022. The company noted the above seasonally strong second quarter of 2023 revenue reflects higher demand of LCD drivers across its core business and automotive markets, along with a continued improvement in loading levels of high end test platform. Revenue for the month of June was $57.4M, representing a slight decrease of 2.5% from May 2023, and a decrease of 15.3% from June 2022.