Issued Date: 2020/10/8
Issued By: iST
iST (TWSE:3289), an IC analysis and verification lab of semiconductor industry, today (October 8, 2020) announced its net revenues on a consolidated basis, the revenues of September 2020 were approximately NTD$ 264 million, which increased 3.67% MoM and decreased 0.36% YoY, compared to the revenues NTD$ 265 million of September 2019.
The solid growth of iST’s revenues in September benefits from the verification and analysis demands of consumer electronics companies and their suppliers on the chip R&D stage, iST said.
iST is an enterprise for total verification service of electronic industry. It assists the electronic industry to ensure product quality and accelerate product development, thus, in response to the looming applications of 5G, HPC, IoT and AI, the corresponding requirement for verification is expected to be the driving momentum for iST’s business in the future.
iST said, solid revenue growth so far this year, coupled with continued liabilities reduction and product portfolio adjustments, will help boost earnings in the future.
iST(TWSE:3289) September 2020 Revenue Report
(Unit: NT$ thousand)
| Period | September | January to September |
|---|---|---|
| 2020 | 264,190 | 2,271,774 |
| 2019(Note 1) | 265,134 | 1,803,500 |
| Increase(Decrease) | (944) | 468,274 |
| Increase(Decrease)(%) | (0.36%) | 25.96% |
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 2019 and 2020 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