Chipmos revenues up 50 per cent year on year

Chipmos technologies, a provider of semiconductor testing and packaging solutions, has reported that GAAP net revenue for the second quarter of 2010 was TWD4,498.4m (£89.3m), which represents an increase of 22.5 per cent from TWD3,671.5m in the first quarter of 2010 and an increase of 53.4 per cent from TWD2,932.7m for the same period in 2009.

GAAP net loss was TWD49.7m, or TWD0.51 per basic common share, compared with net income of TWD268.7m, or TWD3.33 per basic common share, for the previous quarter.

Non-GAAP net income was TWD207.5m, or TWD2.14 per basic common share, compared with non-GAAP adjusted net income of TWD279.8m, or TWD3.46 per basic common share, in the first quarter of 2010.