HSINCHU, Taiwan, Nov. 22, 2011 -- ChipMOS TECHNOLOGIES
(Bermuda) LTD. ("ChipMOS" or the
"Company") (Nasdaq: IMOS) today announced that its
subsidiary ThaiLin Semiconductor Corp. ("ThaiLin"),
entered a new long-term semiconductor testing service
agreement with Asahi Kasei Microdevices Corporation
("AKM"). The companies have worked together since
1999.
Under the new testing service agreement, AKM will consign to
ThaiLin certain sets of mixed-signal tester equipment.
ThaiLin will then utilize the consigned equipment as
dedicated capacity to provide semiconductor testing services
to AKM.
Hideki Kobori, President of Asahi Kasei Microdevices
Corporation, commented, "ChipMOS has been a strong
partner providing high quality, reliable semiconductor
testing services to AKM for over 10 years. Quality control is
critical to us for our reputation and is demanded by the
customers we serve. ChipMOS has helped AKM excel and grow our
business since our first cooperation. Since Japan was visited
by the Great East Japan Earthquake on March 11, AKM has
worked to further fortify its supply chain. This latest
agreement is an important solution as we strive to meet our
customers' expectations by providing geographic
diversification."
S.J. Cheng, Chairman and Chief Executive Officer of ChipMOS,
said, "We are pleased to extend our ten-year plus
business relationship with AKM. With AKM consigning equipment
to ThaiLin we can provide critical testing services and a
facility without making a capex investment. Importantly, the
new business is expected to bring wafer level chip scale
packaging (WLCSP) technology, which together with our
existing LCD driver business, will further expand our
penetration of the global smartphone and tablet computer
market."
About Asahi Kasei Microdevices Corporation:
AKM (www.asahi-kasei.co.jp/akm/en/) is the core operating
company for all electronics devices operations of the Asahi
Kasei Group. The company serves the global electronics
industry with a range of essential products which meet the
latest emerging performance demands. AKM is a leading
provider of mixed-signal IC's for consumer, automotive,
and communication applications as well as magnetic sensors.
Already established as the world's largest manufacturer
of digital audio converter IC's, AKM also provides
devices for video processing, mobile communications, and
automobiles.
About ChipMOS TECHNOLOGIES (Bermuda) LTD.:
ChipMOS (www.chipmos.com) is a leading independent provider
of semiconductor testing and assembly services to customers
in Taiwan, Japan, and the U.S. With advanced facilities in
Hsinchu and Southern Taiwan Science Parks in Taiwan and
Shanghai, ChipMOS and its subsidiaries provide testing and
assembly services to a broad range of customers, including
leading fabless semiconductor companies, integrated device
manufacturers and independent semiconductor foundries.
Forward-Looking Statements
Certain statements contained in this announcement may be
viewed as "forward-looking statements" within the
meaning of Section 27A of the U.S. Securities Act of 1933, as
amended, and Section 21E of the U.S. Securities Exchange Act
of 1934, as amended. Such forward-looking statements involve
known and unknown risks, uncertainties and other factors,
which may cause the actual performance, financial condition
or results of operations of the Company to be materially
different from any future performance, financial condition or
results of operations implied by such forward-looking
statements. Further information regarding these risks,
uncertainties and other factors is included in the
Company's most recent Annual Report on Form 20-F filed
with the U.S. Securities and Exchange Commission (the
"SEC") and in the Company's other filings with
the SEC.
ChipMOS Technologies (Bermuda) Ltd
Equities
BMG2110R1144
Semiconductor Equipment & Testing
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