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iST April 2020 Revenue Report

Issued Date: 2020/05/08
Issued By: iST

iST(TWSE:3289) today (May 8, 2020) announced its net revenues on a consolidated basis, the revenues of April 2020 were approximately NTD$ 244 million, which decreased 8.89% of MoM and an increase of 28.67% compared to revenues of April 2019, NTD$ 189 million.

As the United States and many countries in Europe have been put on lock-down to help prevent the spread of COVID-19, thus, a decline in production and longer delivery situation have been found among many semiconductor manufacturers. However, the epidemic in Taiwan is relatively under control, as a result, semiconductor suppliers in Taiwan become better choices for global customers.

Although the confrontation has re-escalated in the face of a looming trade war between the United States and China recently may have an impact on Taiwan’s semiconductor industry in the short term, as the de-Americanization policy promotes in China, the IC design houses and semiconductor manufacturers in Taiwan continuously to research and development.

iST(TWSE:3289) April 2020 Revenue Report

(Unit: NT$ thousand)

Period April January to April
2020  243,568  986,474
2019(Note 1)  189,293  677,530
Increase(Decrease)  54,275  308,944
Increase(Decrease)(%)  28.67%  45.60%

Note 1: Since December 2019, iST Taiwan has signed a SPA to transfer iST Shanghai to Chinasti. Hence, for a more accurate comparison, the revenues of April 2019 in this table does not include revenues of iST Shanghai.

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