Issued Date: 2014/9/10
Issued By: iST
iST(TWSE:3289) today (Sep 10, 2014) announced its net revenues on a consolidated basis, revenues for August 2014 were approximately NT $169 million, an increase of 35.05% from the same period in 2013, which set a monthly Top 1 record for four months in a row. Moreover, revenue for the first eight months of 2014 is NT$121.2 billion, an increase of 15.41% from last year.
iST said, iST still maintained a 15.41% of the growing momentum of business when compared to the same period of 2013, owing to the growing amount of test orders from Smart hand-hold tablet test, LED market, Automobile electronics, IC reliability test, Material analysis and the test of 4K HDMI/ MHL/ HDCP. On top of that, ITS (Innovative Turnkey Solution), a subsidiary company of iST, has handed in a brilliant score sheet of sales recently, which kept iST’s sales in a high record.
Besides, to cope with the brisk market and the growing R&D projects, iST headquarters continually increase the capital expenditure on purchasing the latest equipment.
For being able to cover the strong test demand of China market, the expansion of the iST branch in Shanghai was running last month.
iST also had a good news on the Automotive electronics market in China last month. Accredited by the China branding vehicle companies, iST- China received a big order from the IC design house of automotive electronics in China. This is a new leap for iST in the clients territory.
In the future, iST will directly assist branding vehicle companies on the quality control of the upstream vehicle component suppliers. This gradually unleashing chain effect enables iST to get more opportunities to enter into the upstream manufacturers market.
iST(TWSE:3289) August 2014 Revenue Report
(Unit: NT$ thousand)
|Period||August||January to August|
About Integrated Service Technology
Founded in 1994, iST began its business from IC circuit debugging and modification and gradually expanded its scope of operations to include failure analysis, reliability verification, material analysis, and quality assurance. Through the years, iST has constructed a comprehensive verification and analysis engineering platform, offering full-scope services to the IC engineering industry. iST customers cover the whole spectrum of the electronics industry from IC design to end products.
In response to rising environmental awareness, iST not only focuses on its core services but is also expanding its service offerings based on international trends. iST’s lead-free and halogen-free verification testing, chemical quantitative testing and signal integrity services have all been accredited by multiple international independent third-party organizations including TUV NORD Germany and BSI UK. With increased outsourcing by major international brands, iST now also plays the role of independent quality testing laboratory for OBM outsourcing products and is certified by Dell, Cisco, Delphi, Continental Automotive and Lenovo.
Headquartered in Hsinchu, iST’s pursuit of precision, perfection and efficiency has led it to expand its operations around the world. The iST Group now includes iST Kunshan, iST Shanghai, iST Beijing and iST Shenzhen in China, IC Service in Japan, and an iST laboratory in the 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