ChipMOS upbeat as chip demand hikes sales pricesBy Lisa Wang / Staff reporterChipMOS Technologies Inc (南茂科技), a display driver IC and memorychip tester and packager, yesterday forecast significant revenue growth for this year as it plans to raise its prices again to reflect the higher cost of copper and other raw materials following strong semiconductor demand. Strong demand for ChipMOS’ services is continuing from last quarter, leading the company to expect revenue this year to increase 15 to 20 percent from NT$23.01 billion (US$823.2 million) last year. The logo of ChipMOS Technologies Inc is pictured outside the company’s headquarters in the Hsinchu Science Park on Nov. 13, 2014. ChipMOS attributed the gap between supply and demand to the global digital transformation. “The firm has increased its inventory to three months of stock to handle rising demand,” Cheng said.

Source: Taipei Times May 11, 2021 15:56 UTC