ChipMOS notes increase in first-quarter revenues

Semiconductor manufacturer ChipMOS Technologies has announced that its net revenues for the first quarter of 2010 were TWD3,671.5m (£80.2m) – an increase of 2.3 per cent from TWD3,589.8m in the fourth quarter of 2009 and 61 per cent from TWD2,280.7m for the same period in 2009.

Net income on a US GAAP basis was TWD268.7m and TWD3.33 per basic common share, compared with net loss of TWD282.6m and TWD3.63 per basic common share for the fourth quarter of 2009. .