iST May 2015 Revenue Report

iST(TWSE:3289) today (Jun 10, 2015) announced its net revenues on a consolidated basis, the revenues for May 2015 were approximately NT$157 million. Month over month, the consolidated revenue increased 1.04%, and increase 2.26% from the same period of 2014.

iST said, this May, iST has built a joint venture, Dekra IST Reliability Services Inc. and DEKRA IST Reliability Services Limited (hereinafter referred to as “DEKRA IST”), in Taiwan and China, respectively, to establish strategic alliance in LED, PCB, PCBA and system reliability verification service.

iST observed, recently, the major two mobile operating system developers, Apple and Google have entered into the automotive field and accomplished unmanned technology development and started the road test. The output value of the global automotive electronics will increase sharply due to the maturity of the application platform.

As the capacity of the global electronic products has exceeded $150 billion, the ratio of automotive electronics keep climbing up, which it sees 15%-20% of growth to come every year in the future. And thus the new trends like automotive electronics, Internet of Vehicles (IoV) are undeniable.

iST further said, the more established the automotive electronics are, the more harsh the quality and safety inspection of the electronic components are being required by the brand vehicle companies. This will be the major opportunities and strength for DEKRA IST in the automotive reliability verification operation.

Return to iST’s dominant operation. iST has progressed its service in China for over a decade, and recently China government supports semiconductor industry in full swing, which brings about the strong demand of failure analysis and reliability verification related to the IC design. iST is expected to ride the wave growing with this coming red supply chain in China.

On the Taiwan’s side, iST continues cultivating the global high gross margin customers as it has in previous years. iST expects the big order of smart products testing received recently will contribute the sales revenue in the next quarter. In addition, iST gives a rosy outlook of the sales in 2015, and points out that the fluctuations of the monthly consolidated revenue will not affect the target of iST’s high revenue and profit growth throughout the year.

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, BSI 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.

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; 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