ChipMOS (IMOS) Revenue Rose 5.3% in Sept. 2016

ChipMOS TECHNOLOGIES (Bermuda) LTD. (Nasdaq: IMOS) reported its unaudited consolidated revenue for the month of September 2016 and for the third quarter 2016.

Revenue for the third quarter of 2016 was NT$5,015.6 million or US$160.4 million, representing an increase of 6.1% from the second quarter of 2016, and an increase of 3.9% from the third quarter of 2015. This is at the high-end of the Company's guidance, which called for the third quarter of 2016 revenue to increase approximately 3% to 7%, as compared to the second quarter of 2016. The Company's guidance remains unchanged for gross margin on a consolidated basis to be in the range of approximately 16% to 20% for the third quarter of 2016. The Company currently plans to report full results for the third quarter of 2016 and to hold a conference call in the morning of November 10, 2016 in the United States (the evening of November 10, 2016 in Taiwan).

Revenue for the month of September 2016 was NT$1,687.1 million or US$54.0 million, a decrease of 1.1% from the month of August 2016 and an increase of 5.3% from the same period in 2015. All U.S. figures in this release are based on the exchange rate of NT$31.27 to US$1.00 as of September 30, 2016.

ChipMOS' September 2016 consolidated revenues included revenues of ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan"), ChipMOS U.S.A., Inc., and ChipMOS TECHNOLOGIES (BVI) LTD. and its wholly-owned subsidiary ChipMOS TECHNOLOGIES (Shanghai) LTD.

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