ChipMOS expects revenue increase this yearBy Lisa Wang / Staff reporterChipMOS Technologies Inc (南茂科技), a driver IC and memorychip tester and packager, expects revenue to increase by a double-digit percentage this year, fueled by strong demand and price hikes amid a supply crunch, company chairman Cheng Chih-chieh (鄭世杰) told an investors’ teleconference yesterday. “We are quite bullish about ChipMOS’ business outlook this year, as the company is benefiting from improving semiconductor demand and short chip supply,” Cheng said. The driver IC and memorychip tester and packager yesterday said it expects revenue to increase by a double-digit percentage this year, fueled by strong demand and price hikes amid a supply crunch. To cope with strong demand, ChipMOS plans to allocate 20 to 25 percent of its revenue this year to add new capacity, the firm said. ChipMOS said that it expects to distribute a higher cash dividend next year.

Source: Taipei Times March 16, 2021 15:56 UTC