iST Reports July 2024 Revenue of NT$310 million

Hsinchu, Taiwan, R.O.C., (August 9, 2024) – Integrated Service Technology Inc. (iST, TWSE: 3289), a leading IC analysis and verification laboratory in the electronics industry, announced its revenue report for July 2024 today. The consolidated revenue for July 2024 reached approximately NT$310 million, representing a month-on-month decrease of 15.16% and a year-on-year increase of 0.14%. The cumulative revenue for January to July 2024 totaled NT$2.433 billion, showing a year-on-year increase of 7.44%.

iST stated that AI is expected to remain the core growth driver for operations in the second half. Recently, iST has received AI reliability testing and failure analysis orders from major global companies that develop and produce high-performance processor chips, which will continue to contribute to revenue. Additionally, the subsidiary ProPowertek, which focuses on energy-saving component solutions, saw substantial revenue growth due to a surge in AI-related orders for power component wafer thinning.

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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