Issued Date: 2020/11/10
Issued By: iST
iST(TWSE:3289), an IC analysis and verification lab of semiconductor industry, today (November 10, 2020) announced its net revenues on a consolidated basis, the revenues of October 2020 were approximately NTD$ 250 million, which decreased 5.28% MoM and increased 14.62% YoY, compared to the revenues NTD$ 218 million of October 2019.
The solid growth of iST’s revenues in October benefits from the verification and analysis demands of smartphone manufacturers and their supply chains on the chip R&D stage. Its cumulative revenues from January to October have reached to approximately NTD$ 2.522 billion, and has been up to 24.74% YoY, iST said.
In Addition, information security is an important issue in the operation of enterprises in recent years. To implement the information security into the business process, iST has passed stringent audits and requirements by TUV Nord and earned ISO/IEC 27001:2013 Certification (Information Security Management System, ISMS) this year.
iST has offered full-scope verification and analysis services to the semiconductor industry, its customers cover the whole spectrum of the electronics industry from IC design, wafer foundry, to assembly house. It is also a third-party impartial laboratory recognized by many terminal brands. As a result, most of the contents of the verification services provided involve customers’ research and development secrets; thus, get the ISO/IEC 27001:2013 Certification means iST can provide a securer information environment to its customers and reduce information security risks.
iST(TWSE:3289)October 2020 Revenue Report
(Unit: NT$ thousand)
| Period | October | January to October |
|---|---|---|
| 2020 | 250,240 | 2,522,014 |
| 2019(Note 1) | 218,313 | 2,021,813 |
| Increase(Decrease) | 31,927 | 500,201 |
| Increase(Decrease)(%) | 14.62% | 24.74% |
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. http://www.istgroup.com