ChipMOS TECHNOLOGIES INC. reported its unaudited consolidated revenue for December and the fourth quarter ended December 31, 2024, projecting approximately 6.3% full year 2024 revenue growth compared to full year 2023. This indicates overall positive annual performance for the company.
For the fourth quarter of 2024, revenue was NT$5,399.6 million, or US$164.7 million, representing an 11.0% decrease from the third quarter of 2024 and a 5.7% decrease from the fourth quarter of 2023. December 2024 revenue also saw a decline, reaching NT$1,780.1 million, or US$54.3 million, down 3.0% month-over-month and 5.4% year-over-year.
The company noted that the quarterly decline reflects macro industry pricing and demand headwinds. However, the strong full year 2024 revenue growth underscores ChipMOS's continued leadership in its core markets, balancing short-term challenges with long-term market position.
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