iST May 2023 Revenue Report, Soars to New Level Highs

iST(TWSE:3289), an IC analysis and verification lab of electronic industry, today (June 9, 2023) announced its net revenues on a consolidated basis, revenues for May 2023 were approximately NT$336 million, representing an increase of 11.83% MoM and an increase of 8.74% YoY, soared to fresh multi-year highs. The cumulative revenue from January to May reached NT$1.618 billion, with a YoY growth of 10.16%.

iST highlights, the new-high-level revenue was primarily driven by advanced manufacturing processes, advanced packaging, automotive electronics, 5G, HPC (high-performance computing), AI (artificial intelligence), and other factors that fueled the demand for material analysis (MA), failure analysis (FA), and reliability verification (RA). Particularly, in the field of AI, the relentless progress in HPC and cloud computing paving the way for the advent of AI. The arrival of ChatGPT, with its insatiable need for computational prowess during training, has expedited the adoption of generative AI and ignited a fresh surge of technological revolution in society. Consequently, leading technology behemoths have fervently poured investments into the advancement of AI servers, recognizing their pivotal role in this transformative landscape.

In the realm of cutting-edge technology, AI servers have become increasingly reliant on high-power, state-of-the-art chips that require heterogeneous integration of various components. With the help of advanced manufacturing and packaging techniques, these chips enable fast processing of data and quick execution of commands. It’s crucial for these chips to perform well over long periods of use. Verification analysis is vital in making sure that AI chips are of good quality and function properly, reducing the chances of problems occurring.

iST is leading the way in this fast-changing market, which has not only proactively established relevant platforms but also invested substantial capital. Recently, iST has received the requests and orders from international AI servers and AI chip manufacturers. With its integrated and solid services, iST is a powerful support behind the advanced technology industry.

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