iST December 2015 Revenue Report

iST(TWSE:3289) today (Jan. 8, 2015) announced its net revenues on a consolidated basis, the revenues for December 2015 were approximately NT$182 million. Month over month, the consolidated revenue increased 13.33%, and increased 11.76% year over year, which still set the third highest monthly record despite of the off season. From January to December in 2015, the revenues of iST totaled NT$2.02 billion, which increased 9.61% YOY. Meanwhile, the annual revenue in 2015 has hit an all-time high in history.

Despite the nearly two weeks of vacation coincided with Christmas and New Year holiday, the revenues of iST was back on the road to growth in advance due to the growing testing demands. Not only the flourishing requirement of the smart products verification and the material analysis, but the amount of the reliability assurance and the Failure analysis cases of iST’s subsidiaries in China have increased obviously. Thus, the orders of iST group in Q4 were counted in the revenues of December, which still set the third highest monthly record despite of the off season.

Facing “the Power of China’s Red Tech Revolution”—that is the china-based enterprises are in the ascendant to engage in acquisition and take up shares in Taiwan’s semiconductor industry. iST said, its business won’t be impacted at all, in contrast, iST has not only made an overall arrangement in China, but has won a place in the China semiconductor verification field since it stepped in China’s market more than a decade ago.

iST observed, the China Integrated Circuit Industry Investment Fund leaded by China government has been revised up to RMB$ 138.7 billion in the end of 2015, which is increased 15.6% from the original RMB$ 120 billion 5 years ago.

Under the overwhelming trade of China’s new material, equipment and IC R&D, bringing along several follow-on projects involving the requirements of failure analysis, reliability assurance, and material analysis, etc. iST takes advantage of this China Red supply chain and gives a buoyant outlook of the whole group’s revenues.

About Integrated Service Technology

Founded in 1994, iST began its business from IC circuit debugging and modification and gradually expanded its scope of operations, including failure analysis, reliability verification, material analysis and so on. iST has offered full-scope verification and analysis services to the IC engineering industry, its customers cover the whole spectrum of the electronics industry from IC design to end products.

In response to rising Cloud Intelligence, Internet of Things (IoT) and Internet of Vehicles (IoV), iST not only focuses on its core services but is also expanding its service offerings based on international trends, such as LED and Automotive electronic verification platforms and high-speed signal transmission integrity services.

iST’s pursuit of precision, perfection and efficiency, which has been accredited by multiple international well-known and credible organizations including IEC/IECQ, TAF, TUV NORD and CNAS. With increased outsourcing by major international brands, iST also plays the role of independent quality testing laboratory for OBM outsourcing products and association and is certified by TI, Lenovo, Dell, Cisco, Delphi, Continental Automotive, ISTA, HDMI, etc.

On July 2015, iST and DEKRA built a joint venture, Dekra IST to provide services including LED, PCB, PCBA, and system reliability verification, which could help to strengthen both parties’ capabilities of providing first-class testing and certification services in fields of automotive, LED and medical electronics.

Headquartered in Hsinchu, iST has led it to expand its operations around the world. The iST Group now includes iST Kunshan, iST Shanghai, iST Beijing, iST Shenzhen, iST Wuhan and iST Chengdu in China; Japan; US. These are all dedicated to providing customers with prompt, reliable and high-quality technical services in order to grow with the leaders of the world. For more information, please visit the iST website at: www.istgroup.com