iST May 2018 Revenue Report

iST(TWSE:3289) today (June 8, 2018) announced its net revenues on a consolidated basis, the revenues of May 2018 were approximately NTD$284 million. The consolidated revenue increased 1.73 % MoM and increased greatly 28.52 % YoY, which has reached the second level two months in a row.

iST indicated, due to the significantly increasing case-in quantity in Reliability Verification and Failure Analysis services of iST’s subsidiaries in China, as well as the strong demands for Reliability Verification, Material Analysis, Failure Analysis and Signal Integrity required from the products of new-generation smart phones, automotive electronics and IoT, the revenues of May has hit the second level in the history.

iST further indicated of its business in Taiwan, on the point of mass production for new-generation smart phones, the verification and inspection demands from its related supply chain are increasing gradually. What is also worth mentioning is that the growth of iST’s reliability testing services for automotive electronics IC under the background of the rising application of smart car and the newly releasing automotive international standard.

In terms of IoT testing services, iST recently not only signed a MoU with DEKRA on the cooperation for the comprehensive Wi-Fi testing services but also has been receiving a fruitful achievement.

iST explained, the booming development of IoT application has attracted major brands to build protocol platforms and jumped into the most competitive market, the smart home system. In addition, organizations including Wi-Fi, Bluetooth, Zigbee and LoRa also have related technology processing in full swing to edge in the IoT system. However, such a mixed use of multiple transmission technologies and interconnection specifications has caused a huge problem between the interoperability and performance of each device.

iST further comments that connectivity is the biggest challenge for IoT system operation. On a system level, performance tests sometimes not only can help boost system performance from 80% to 90% but of more critical importance, they can help a system jump from 0% to 80%. After all, only when signals can be transmitted without error and glitch will system deployment be meaningful.

Yet to test smart home devices, a common current practice is to set up a mockup home environment such as a living room, bathroom, kitchen or bedroom and then install IoT devices there to check how well the devices operate together and gain an understanding on their communication and operation status in the environment. This only checks one particular indoor setting but not able to cover different types of indoor environment which cannot be considered as a quick and effective initial test.

In real-world application, IoT systems have to cope with different home settings and decorations and their functions may also vary based on home owner needs. As such, the test practice using a mockup home environment to check interoperability and performance provides little help to manufacturers.

In response to this issue, iST customized an “emulator testing service” developed with theory and trustworthy parameters which a software-and-hardward-based emulator environment is built wherein throughput capacity, roaming and de-sense tests are conducted. This is not only a practical method in emulating infinite models of the indoor environments but an efficient way to shorten testing hours. So far iST has received many customers’ orders for conducting IoT tests with this method and iST expects this will be an engine of its IoT verification business.

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