iST December 2023 Revenue Report

iST (TWSE:3289), an IC analysis and verification lab of electronic industry, today (January 10, 2024) announced its net revenues on a consolidated basis, revenues for December 2023 were approximately NT$324 million, reflecting an increase of 10.35% MoM and a decrease of 2.63 % YoY respectively. The cumulative revenue from January to December reached NT$3.811 billion, with a YoY growth of 1.84%.

iST pointed that ongoing trends such as advanced processes, advanced packaging, automotive electronics, 5G, HPC, AI, etc., continue to drive the demand for materials analysis (MA), failure analysis (FA), and reliability assurance (RA). The relentless progress in research and development by major chip manufacturers, coupled with the escalating market demands for quality, contributes to the continuous growth in demand for verification and analysis throughout the supply chain. All of these factors are poised to bolster iST’s future revenue.

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