Home iST March 2016 Revenue Report

iST March 2016 Revenue Report

Home iST March 2016 Revenue Report

iST March 2016 Revenue Report

by ruby

Issued Date: 2016/4/8
Issued By: iST

iST(TWSE:3289) today (Apr 8, 2016) announced its net revenues on a consolidated basis, the revenues for March 2016 were approximately NT$221 million. Month over month, the consolidated revenue not only increased 46.31%, and better yet increased 22.60% year over year, which set a new highest monthly record.

iST said, after the Chinese New Year holiday, the blooming projects of semiconductor customers urged the recovery of the testing demands, driven iST’s revenues to a new level at one stroke and broke the NT$200 million per month barrier.

iST pointed, in addition to signing strategic cooperative letter of intent with FAW group in early March; late March, iST’s China subsidiary- Integrated service technology (Shanghai) also got a good news, awarded “The year’s most influential companies of China’s integrated circuit third-party laboratory in 2015-2016 ” and “The year’s best solution of ESD (Electro Static Discharge) Electrostatic protection test process of China’s high-level components ”by CSIA (China Semiconductor Industry Association), which is an affirmation of iST’s test ability in China semiconductor market.

The IC market China 2016 hosted by CSIA, participants from the upstream semiconductor manufacturers, ex: HiSilicon, SMIC, TI, Intel, Renesas and Infineon Technologies; from downstream manufacturers, such as Huawei, Tsinghua Unigroup, Tsinghua Tongfang and Lenovo with more than 800 enterprises, which has made this conference become an annual event.

Resulting from iST’s great assistance in passing the first AEC-Q100 compliant car navigation chip for Changan Automobile (Changan) and Unicore Communication (Unicore). iST has played a role to lead China’s automotive electronics market to a high-quality level and moving closer to the international standard.

iST received “The year’s best solution of ESD test process” award on account of the assistance for international mobile brands and China’s leading IC design houses with its integrated IC testing environment, to prevent the harmful effect of static electricity caused to products and help customers detect the problems even faster and more precise.

iST further said, it has been not only won a place in the China semiconductor verification field since it stepped in China’s market more than a decade ago but it’s planning to expand widely in semiconductor industry clusters in China. iST takes advantage of this China Red supply chain and gives a buoyant outlook of the whole group’s revenues.

iST(TWSE:3289) March 2016 Revenue Report

(Unit: NT$ thousand)

Period March January to March
2016 220,850 556,219
2015 180,140 495,238
Increase(Decrease) 40,710 60,981
Increase(Decrease)(%) 22.60% 12.31%
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