ChipMOS REPORTS MARCH 2013 AND 1Q13 REVENUE

HSINCHU, Taiwan, April 10, 2013 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company") (NASDAQ: IMOS) today reported its unaudited consolidated revenue for the month and quarter ending March 31, 2013.

Revenue for the month of March 2013 was NT$1,612.3 million or US$54.1 million, an increase of 19.0% from the month of February 2013 and an increase of 6.6% from the same period in 2012.  On a quarterly basis, revenue for the first quarter of 2013 was NT$4,420.7 million or US$148.3 million, a decrease of 9.2% from the fourth quarter of 2012 and an increase of 0.8% from the same period in 2012.  This is in-line with the Company's guidance that revenue for 1Q13 would be lower by approximately 9% to 13%, as compared to 4Q12.  1Q13 reflects typical seasonality in the industry related to Chinese New Year and normal customer demand patterns, slightly offset by continued growth in the Company's LCD driver and mixed-signal business.  All U.S. figures in this release are based on the exchange rate of NT$29.81 to US$1.00 as of March 29, 2013.

Consolidated Monthly Revenues (Unaudited)


March 2013

February 2013

March 2012

MoM Change

YoY Change

Revenues

(NT$ million)

1,612.3

1,355.3

1,513.0

19.0%

6.6%

Revenues

(US$ million)

54.1

45.5

50.8

19.0%

6.6%

 

Consolidated Quarterly Revenues (Unaudited)


First Quarter 2013

Fourth Quarter 2012

First Quarter 2012

QoQ Change

YoY Change

Revenues

(NT$ million)

4,420.7

4,867.4

4,384.0

-9.2%

0.8%

Revenues

(US$ million)

148.3

163.3

147.1

-9.2%

0.8%

ChipMOS' March 2013 consolidated revenues included revenues of ChipMOS TECHNOLOGIES INC., ChipMOS U.S.A., Inc., MODERN MIND TECHNOLOGY LIMITED and its wholly-owned subsidiary ChipMOS TECHNOLOGIES (Shanghai) LTD., and ThaiLin Semiconductor Corp.

About ChipMOS TECHNOLOGIES (Bermuda) LTD.:

ChipMOS (http://www.chipmos.com) is a leading independent provider of semiconductor testing and assembly services to customers in Taiwan, Japan, and the U.S. With advanced facilities in Hsinchu and Southern Taiwan Science Parks in Taiwan and Shanghai, ChipMOS and its subsidiaries provide testing and assembly services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.

Forward-Looking Statements

Certain statements contained in this announcement may be viewed as "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") and in the Company's other filings with the SEC.

Contacts:

In Taiwan

Dr. S.K. Chen

ChipMOS TECHNOLOGIES (Bermuda) LTD.

+886-6-507-7712

s.k._chen@chipmos.com

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com 

SOURCE ChipMOS TECHNOLOGIES (Bermuda) LTD.



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