Chipbond, ChipMOS 1Q15 sales to drop 5-10%
Patty Wang, Taipei; Jessie Shen, DIGITIMES [Monday 19 January 2015]
LCD driver IC packaging and testing houses Chipbond Technology and ChipMOS Technologies are both expected to see their first-quarter 2015 sales decrease 5-10% sequentially, compared to the larger decreases seen in the same quarter in previous years.
Demand for LCD driver ICs will be stimulated by the rising adoption of Ultra HD TVs in 2015, according to industry watchers. Chipbond and ChipMOS specialize in backend services for the production of LCD driver ICs, and are both set to enjoy a particularly strong first quarter, said the observers.
Chipbond reported consolidated revenues of NT$4.5 billion (US$142.5 million) for the fourth quarter of 2014, down about 4% on quarter. Consolidated sales for 2014 climbed to an all-time high of NT$17.68 billion.
Consolidated revenues at ChipMOS totaled NT$22.01 billion in 2014, rising 13.7% on year and hitting its highest level in seven years, according to the company.
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