ChipMOS REPORTS DECEMBER 2014 REVENUE; 4Q14 REVENUE AT THE HIGH-END OF GUIDANCE

HSINCHU, Taiwan, Jan. 9, 2015 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company'') (NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and testing services ("OSAT"), today reported its unaudited consolidated revenue for the month of December 2014 and for the fourth quarter ended December 31, 2014.

Revenue for the fourth quarter of 2014 was NT$5,796.5 million or US$183.4 million, representing a decrease of 0.2%, as compared to the third quarter of 2014, and an increase of 18.5% from the same period in 2013.  This is at the high-end of the Company's guidance, which called for revenue to be flat to down in the low single digits, as compared to the third quarter of 2014.  The Company expects gross margin on a consolidated basis to be in the range of approximately 23% to 26% for the fourth quarter of 2014.

Revenue for the month of December 2014 was NT$1,905.5 million or US$60.3 million, a decrease of 2.2% from the month of November 2014 and an increase of 16.6% from the same period in 2013.  All U.S. figures in this release are based on the exchange rate of NT$31.60 to US$1.00 as of December 31, 2014.

ChipMOS' December 2014 consolidated revenues included revenues of ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan"), ChipMOS U.S.A., Inc., ThaiLin Semiconductor Corp. and MODERN MIND TECHNOLOGY LIMITED and its wholly-owned subsidiary ChipMOS TECHNOLOGIES (Shanghai) LTD.

About ChipMOS TECHNOLOGIES (Bermuda) LTD.:

ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company") (NASDAQ: IMOS) (http://www.chipmos.com) is an industry leading provider of semiconductor assembly and testing services. 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. The Company's majority-owned subsidiary, ChipMOS Taiwan, is listed on the Taiwan Stock Exchange under Stock Ticker 8150.

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.

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SOURCE ChipMOS TECHNOLOGIES (Bermuda) LTD.

Related Links

http://www.chipmos.com