Home iST August 2015 Revenue Report

iST August 2015 Revenue Report

Home iST August 2015 Revenue Report

iST August 2015 Revenue Report

by ruby

Issued Date: 2015/9/10
Issued By: iST

iST(TWSE:3289) today (Sep 10, 2015) announced its net revenues on a consolidated basis, the revenues for August 2015 were approximately NT$188 million. Month over month, the consolidated revenue increased 0.86%, and increased 11.94% from August 2014, which set a highest month record in the history.

iST said, effective from July, iST officially sold 51% of the shares in Dekra IST Reliability Services Inc. (DEKRA IST Taiwan”) and DEKRA IST Reliability Services Limited, (DEKRA IST Kunshan), which are both wholly-owned iST subsidiaries to DEKRA, an Europe’s leading verification and certification authority.

Even though the above change has relinquished 15-20% share of iST’s revenue since July (only accounted 49% of profit in quarterly report), the total revenue of August as well as July’s did not fall off 15-20%, but hit the record high resulted from the closing of the international smart product projects, and the high demands of Material Analysis, Reliability Assurance and Failure Analysis.

In spite of the market takes a conservative look of the electronic industry of H2, the business field of iST is more related to the new opening R&D projects instead of the single product sales number. iST observed, the amount of R&D opening and revision projects maintain in a certain level and shows no recession, which explains why iST stands apart in the semiconductor industry while many are revising guidance down.

iST does not only focus on the consumer products but also has a foot-hold in the Automotive electronic product verification. Besides established companies with DEKRA; iST also works together with China’s dominating car manufacturer, Changan Automobile (Changan) and Unicore Communication (Unicore), a navigation chip supplier, and announced the BDS (BeiDou Navigation Satellite System) based car navigation chip UC220, is now certified compliant with the reliability quality specification of Automotive Electronics Council (AEC). The strict and comprehensive AEC-Q100 specification takes a whole year in two phases to be certified successfully

Changan and Unicore said coincidentally that, iST will be highly welcomed in partnering with them in the field of quality certification, not only for its brilliant cross-strait testing team but also its professional solutions in each stage of the certification process, which is critical to this perfect outcome. And hope to have more cooperation with iST in the new products in future.

iST(TWSE:3289) August 2015 Revenue Report

(Unit: NT$ thousand)

Period August January to August
2015 188,194 1,342,023
2014 168,751 1,212,002
Increase(Decrease) 19,443 130,021
Increase(Decrease)(%) 11.52% 10.73%
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; 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