Update: ChipMOS' Subsidiaries Complete Merger

HSINCHU, June 18, 2015 — (PRNewswire) — ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company") (Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today announced that two of its subsidiaries, ChipMOS TECHNOLOGIES INC. ("ChipMOS Taiwan") and ThaiLin Semiconductor Corp. ("ThaiLin") completed their merger on June 17, 2015.  ChipMOS Taiwan will continue as the surviving merged entity and will remain listed on the TWSE trading under its current stock ticker "8150".  The merged entity is now a 58% owned subsidiary of ChipMOS TECHNOLOGIES (Bermuda) LTD.

UPDATE: ChipMOS’ SUBSIDIARIES COMPLETE MERGER

S.J. Cheng, Chairman and Chief Executive Officer of ChipMOS, said, "We are pleased to achieve this latest step in our ongoing efforts to streamline the Company's corporate and financial structure.  Our goal remains to better maximize potential efficiencies and to further build shareholder value.  We remain optimistic about our business focus and growth strategy, our targeted CapEx plan and our continued corporate streamlining initiatives." 

About ChipMOS TECHNOLOGIES (Bermuda) LTD.:

ChipMOS TECHNOLOGIES (Bermuda) LTD. ("ChipMOS" or the "Company") (NASDAQ: IMOS) ( http://www.chipmos.com) is an industry leading provider of semiconductor assembly and test services. With advanced facilities in Hsinchu and Southern Taiwan Science Parks in Taiwan and Shanghai, ChipMOS and its subsidiaries provide assembly and test services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries. The Company's majority-owned subsidiary, ChipMOS Taiwan, is listed on the Taiwan Stock Exchange under Stock Ticker 8150.

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.

Contacts:

In Taiwan

Dr. S.K. Chen

ChipMOS TECHNOLOGIES (Bermuda) LTD.

+886-6-507-7712

s.k._chen@chipmos.com

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com

Photo - http://photos.prnewswire.com/prnh/20150618/224052

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/update-chipmos-subsidiaries-complete-merger-300101262.html

SOURCE ChipMOS TECHNOLOGIES (Bermuda) LTD.

Contact:
ChipMOS TECHNOLOGIES (Bermuda) LTD.
ThaiLin Semiconductor Corp.
ChipMOS TECHNOLOGIES INC.
Web: http://www.chipmos.com

Featured Video
Jobs
Principal Engineer for Autodesk at San Francisco, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Business Development Manager for Berntsen International, Inc. at Madison, Wisconsin
Mechanical Engineer 2 for Lam Research at Fremont, California
Equipment Engineer, Raxium for Google at Fremont, California
Upcoming Events
Digital Twins 2024 at the Gaylord National Resort & Convention Center in, MD. National Harbor MD - Dec 9 - 11, 2024
Commercial UAV Expo 2025 at RAI Amsterdam Amsterdam Netherlands - Apr 8 - 11, 2025
Commercial UAV Expo 2025 at Amsterdam Netherlands - Apr 8 - 10, 2025
BI2025 - 13th Annual Building Innovation Conference at Ritz-Carlton Tysons Corner McLean VA - May 19 - 21, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise