Issued Date: 2024/6/11
Issued By: iST
Hsinchu, Taiwan, R.O.C., June 11, 2024 – Integrated Service Technology Inc. (iST, TWSE: 3289), a leading IC analysis and verification laboratory in the electronics industry, today announced its consolidated revenue report for May 2024. The company’s consolidated revenue for May 2024 reached approximately NT$345 million, reflecting an increase of 0.88% from the previous month and a year-over-year increase of 2.73%. Cumulative revenue for January to May totaled NT$1.757 billion.
iST attributed the growth to a steady rise in verification orders related to the AI and HPC high-speed computing markets. Subsidiary Prosperity Power Technology Inc. (ProPowertek) has also continued to make strides in yield and delivery times, collaborating with major power component customers to pass stringent AI server end-customer verifications, moving into mass production and steadily contributing to revenue growth.
The company highlighted the burgeoning market for AI technologies and applications, emphasizing the sector’s robust development. This sentiment was echoed at the recent Computex event held on May 4, where major brands showcased new AI innovations, signaling the advent of the AI PC era. Applications ranging from generative content, autonomous driving, and smart homes to healthcare, finance, and manufacturing demonstrate the widespread and significant potential of AI technologies. iST foresees AI continuing to drive innovation and acting as a crucial engine for industry advancement.
However, as AI chips evolve towards higher performance, increased bandwidth, and lower power consumption across different application fields, there is a growing need to focus on their performance and lifespan. This evolution poses substantial challenges to the design methods and equipment for AI chip reliability testing. iST’s Reliability Verification Laboratory has amassed extensive experience, ranging from consumer chips, automotive chips, and 5G chips to the current AI chips. The lab is equipped to address issues related to ultra-high power, ultra-low voltage, and heterogeneous integration in AI chip reliability testing. By providing precise temperature and voltage reliability test data, iST enhances the reliability of AI chips for its customers.
iST(TWSE:3289) May 2024 Revenue Report
(Unit: NT$ thousand)
Period |
May |
January toMay |
---|---|---|
2024 | 345,163 | 1,756,611 |
2023 | 335,977 | 1,617,732 |
Increase(Decrease) | 9,186 | 138,879 |
Increase(Decrease)(%) | 2.73% | 8.58% |
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 Assurance, Material Analysis and so on. 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 the growing future trends, iST has established platforms for 5G/HPC/AI, Automotive Electronics verification, Space Satellite verification, Advanced Processes and Wide-bandgap Semiconductors, LTS ( low-temperature soldering) Process verification platforms, as well as High-speed Transmission Signal Testing, offering comprehensive verification and analysis services.With a commitment to providing complete solutions to customers, iST has expanded its services beyond verification to encompass Wafer Backend Process for mass production service.
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