Hsinchu, Taiwan, April 10, 2012 - ChipMOS TECHNOLOGIES
(Bermuda) LTD. ("ChipMOS" or the
"Company") (NASDAQ: IMOS) announced today that its
majority-owned subsidiary, ChipMOS TECHNOLOGIES INC.
("ChipMOS Taiwan"), won a public court bidding
process, allowing it to purchase an existing building for
approximately US$10.1 million. The building is located
directly across ChipMOS's existing facility in Southern
Taiwan Science Park and features approximately 393,173 square
feet of floor space.
S.J. Cheng, Chairman and Chief Executive Officer of ChipMOS,
said, "This was a perfect opportunity for us to add
needed manufacturing floor space. The fact that the new
building is located literally across the street from our
existing facility opens up new options to us in how we deploy
our manufacturing resources and personnel. Customers and
partners will also have added confidence in ChipMOS given our
commitment of efficiently supporting their roadmaps and their
increased demand levels. Importantly, this is a very
attractive transaction for us from a financial
standpoint."
About ChipMOS TECHNOLOGIES (Bermuda) LTD.:
ChipMOS (http://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.
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