Reported 8 months ago
ChipMOS (6695) has been actively transforming in recent years, with its ThetaEye AI ISP IP as a result of 20 years of collaboration with leading companies in automotive, camera, and IC design industries, effectively improving image processing performance and power consumption. The company is currently discussing customized designs with multiple potential customers to expand its chip design services opportunities. On June 20, ChipMOS surged with a long red K bar hitting the trading limit to close at NT$75, reaching a recent high record, with a slightly increased trading volume of 7,514 shares and a rising moving average, showing a clear aggressive pattern. Despite a first-quarter EPS loss of NT$0.23 and a consolidated revenue of NT$3.59 billion in the first five months, a 19.87% decrease year-on-year, ChipMOS's image processing technology has secured design partnership with a leading AI company in Japan, entering a transformation phase and planning to continue leveraging its ISP technology strength and industry application experience to provide customers with more competitive integrated solutions. For more business news, refer to Economic Daily's reports on the environmental case in the Chu-Kong Science Park, the demand cry by UMC, 2022 strong season forecast, and the increase in production of new Electric Vehicle products slated for the coming year.
Source: YAHOO