iST September 2015 Revenue Report

iST(TWSE:3289) today (Oct 8, 2015) announced its net revenues on a consolidated basis, the revenues for September 2015 were approximately NT$173 million. Year over year, the consolidated revenue increased 3.30%, for the three quarters ended in September, 2015, the revenue of iST totaled NT$1.515 billion, which increased 9.83% YOY.

iST stands apart in the semiconductor industry while many are revising guidance down and its Q3 revenue reached to a historial high.

In spite of most electronic companies take a conservative look of markets; iST observes the business field of verification is still growing since the semiconductor industry is facing a transition.

As the development of consumer products has reached its bottleneck, and the threat of the so-called “red supply chain” (referring to the rise of China’s IC design), Taiwan’s IC design houses have been seeking a better way out to gradually transform products to industrial or automotive electronics fields. However, in these areas, the required verification items and conditions are stricter, which is boosting the whole verification market demand. It also explained why iST’s revenue hit a record in Q3.

Besides, since 2014 iST stepped in the material analysis service, not only the capital spending increased, but continuous expanding the equipment. Furthermore, the material analysis technology of iST has made a breakthrough in 10nm process and has helped many clients complete TEM analysis and verification of advanced products, which direct responding to the revenues and progressive apparently YOY.

iST further indicated, by continually shrinking the transistor and keep up with the Moore’s law, the revenue growth momentum of material analysis is expectable and will be one of the key roles to push forward iST’s overall revenue next 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 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