Issued Date: 2019/11/08
Issued By: iST
iST(TWSE:3289) today (November 8, 2019) announced its net revenues on a consolidated basis, the revenues of October 2019 were approximately NTD$300 million, which decreased 13.54% MoM and increased 40.87% YoY.
iST said, continue the good performance of Q3, the consolidated revenue of October stands at the NTD$300 million mark resulted from the following two reasons. First, as the US-China trade war becomes clearer, as well as the de-Americanization policy promoted in China, thus, China has been looking for suppliers outside the U.S. and alternative solution, which has increased the number of R&D open cases of semiconductor manufacturers in Taiwan and this has been the driving force of iST’s verification and analysis business. The second reason is the demands of 5G chip verification and analysis. The IC design houses have also accelerating theirs pace with 5G about to roll out; this also has been the momentum of iST’s subsequent business.
iST further said, according to the MIC(Market Intelligence & Consulting Institute) research, some 56 telecom companies in 32 countries have announced the deployment of 5G networks this year, and 39 of them have officially launched 5G services. It is estimated that by next year 2020, 170 telecom companies worldwide will provide 5G commercial services. There will be a huge shift of 5G smart phones in 2020, as well as China has released 5G licenses earlier this year, this has made the relative IC suppliers in Taiwan accelerate the speed for verification and analysis before products delivery, this will eventually benefit iST.
iST(TWSE:3289) October 2019 Revenue Report
(Unit: NT$ thousand)
|Period||October||January to October|
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, Automotive Electronic Verification Platforms and Signal Integrity Testing Services. 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 iST’s mission of providing integrated solutions to customers, iST not only focuses on its core laboratory services but also enters the mass production services of wafer backend process. http://www.istgroup.com