Home iST February 2018 Revenue Report

iST February 2018 Revenue Report

Home iST February 2018 Revenue Report

iST February 2018 Revenue Report

by yuting

Issued Date: 2018/03/09
Issued By: iST

iST(TWSE:3289) today (March 9, 2018) announced its net revenues on a consolidated basis, the revenues of February 2018 were approximately NT$238 million. The consolidated revenue increased 0.16 % MoM and increased 44.66 % YoY.

iST said, Q1 is the traditional quiet season to iST resulted from the less working days coincided with the Lunar New Year holiday and the 228 Peace Memorial Day. However, the revenues of February YoY still increased sharply by 44.66% due to iST’s successful expansion strategy.

iST indicated, following the launch of cooperation agreement with America’s biggest and the world’s top 5 safety standard certification laboratory Underwriters Laboratories (UL) in the high-transmission signal testing services last month. iST has a new cooperation pattern in March by announcing today (March 9th) that its further cooperation with DEKRA, the world leading expert organization in safety testing and inspection. the two parties will be focusing on Wi-Fi and IoT-related services by signing the Memorandum of Understanding (MOU) to develop the world-class leading verification and certification capacity.

Recently, DEKRA has opened a Wi-Fi laboratory in Shenzhen, and it has been authorized by the Wi-Fi Alliance® and become the ATL (Authorized Test Laboratories) which is entitled to perform Wi-Fi test for certification and logo application for customers.

The MoU between iST and DEKRA underscores a comprehensive Wi-Fi services on IoT over 3C mobile products will be activated by these two parties, which means in the future, the up, the middle and the downstream manufacturers of 3C mobile devices can apply the pre-test, debugging, compatibility test, customized test and even the certification logo on Wi-Fi through either iST or DEKRA.

iST observed, the range of IoT application is wide, including Wi-Fi, Bluetooth, Zigbee, BT, Lora, NFC and EMvco. However, Wi-Fi is the most common wireless transmission technology used by family and individuals and suitable for the embedded IoT designs especially after the optimization of 802.11ac Wi-Fi.

In light of this, this cooperation between iST and DEKRA will be focusing on Wi-Fi service for its potential to drive forward a huge IoT demands. iST will not only introduce the customized Wi-Fi performance test, but also provide the professional wireless system testing plan; while DEKRA will provide the related logo application service for customers. The services both parties provide are not limited to Wi-Fi but expanding to Bluetooth、Zigbee、BT、Lora、NFC、EMvco.

Since the first cooperation of establishing a joint venture, DEKRA iST in 2015. iST and DEKRA have received an excellent performance by the partnership on reliability and automotive verification. With iST and DEKRA’s second cooperation on Wi-Fi and the IoT-related services, the two leading companies believe that this cross-border co-operation will bring a win-win situation for both parties in the future.

iST(TWSE:3289) February 2018 Revenue Report

(Unit: NT$ thousand)

Period February January to February
2018 238,220 476,050
2017  164,676  356,832
Increase(Decrease) 73,544  119,218
Increase(Decrease)
(%)
44.66%  33.41%
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 Automotive electronic verification platforms and signal integrity testing services. http://www.istgroup.com