Home Press Releases iST March 2023 Revenue Report

iST March 2023 Revenue Report

Issued Date: 2023/04/10
Issued By: iST

iST(TWSE:3289), an IC analysis and verification lab of semiconductor industry, today (April 10, 2023) announced its net revenues on a consolidated basis, revenues for March 2023 were approximately NT$314 million, a decrease of 5.48% MoM, and an increase of 3.18% YoY. Revenues for January to March is NT$981 million, an increase of 12.18% YoY.

iST said, due to a long-term project from international major corporations, the verification and analysis time is lengthy, and it has not been completed and recognized for accounting. However, the demand in the future market remains strong, as the major trends for advanced processes, advanced packaging, automotive electronics, 5G, HPC, and AI-related applications remain unchanged.

In the testing of space electronic components, with the launch of the space era and the surge in low-orbit satellite communication, we have once again signed a new memorandum of cooperation with the National Space Center and its related members this month. This is in response to the National Space Center’s restructuring as an administrative corporation in 2023. Through this collaboration, we aim to enhance the complete verification planning and testing, assist manufacturers in obtaining space certification for their components and modules, and shorten the time for manufacturers to enter the space industry.

iST(TWSE:3289) March 2023 Revenue Report

(Unit: NT$ thousand)

Period March January to March
2023 314,117 981,318
2022 304,443 874,771
Increase(Decrease) 9,674 106,547
Increase(Decrease)(%) 3.18% 12.18%

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 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, signal integrity testing services.https://www.istgroup.com