ChipMOS REPORTS MARCH 2015 AND 1Q15 REVENUE

HSINCHU, April 10, 2015 — (PRNewswire) —

HSINCHU, April 10, 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 March 2015 and for the first quarter ended March 31, 2015.

Revenue for the first quarter of 2015 was NT$5,218.1 million or US$167.0 million, representing a decrease of 10.0% from the fourth quarter of 2014, and an increase of 4.6% from the same period in 2014.  This is in-line with the Company's guidance, which called for revenue to decrease approximately 8% to 12%, as compared to 4Q14.  1Q15 revenue reflects seasonality in LCD driver for small panels and memory products. The Company's guidance remains unchanged for gross margin on a consolidated basis to be in the range of approximately 21% to 24% for the first quarter of 2015.

Revenue for the month of March 2015 was NT$1,775.2 million or US$56.8 million, an increase of 7.5% from the month of February 2015 and an increase of 2.0% from the same period in 2014.  All U.S. figures in this release are based on the exchange rate of NT$31.24 to US$1.00 as of March 31, 2015.

Consolidated Monthly Revenues (Unaudited)


March 2015

February 2015

March 2014

MoM Change

YoY Change

Revenues

(NT$ million)

1,775.2

1,650.7

1,740.0

7.5%

2.0%

Revenues

(US$ million)

56.8

52.8

55.7

7.5%

2.0%

 

Consolidated Quarterly Revenues (Unaudited)


First Quarter 2015

Fourth Quarter 2014

First Quarter 2014

QoQ Change

YoY Change

Revenues

(NT$ million)

5,218.1

5,796.4

4,989.0

-10.0%

4.6%

Revenues

(US$ million)

167.0

185.5

159.7

-10.0%

4.6%

ChipMOS' March 2015 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.

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

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/chipmos-reports-march-2015-and-1q15-revenue-300063977.html

SOURCE ChipMOS TECHNOLOGIES (Bermuda ) LTD.

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