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ChipMOS Technologies Ltd (IMOS) Q1 2021 Earnings Call Transcript

Operator Greetings, and welcome to the ChipMOS First Quarter 2021 Results Conference Call. [Operator Instructions] I would now like to turn the conference over to Dr. G.S. Shen of ChipMOS Technologies Strategy and Investor Relations team to introduce the management team of the company in conference. Dr. Shen, you may begin. Dr. G.S. Shen, Deputy Director of Strategy and Investor Relations Thank you, operator. Welcome, everyone, to ChipMOS first quarter 2021 results conference call. Joining us today from the company are Mr. S.J. Cheng, Chairman and President; and Ms. Silvia Su, Vice President of Finance and Accounting Management Center. We are also joined on the call today by Mr. Jesse Huang, Spokesperson and Senior Vice President of Strategy and Investor Relations.

Ericsson Debuts Indoor 5G Antennas for mmWave and Mid-Band

Ericsson Debuts Indoor 5G Antennas for mmWave and Mid-Band Ericsson has announced indoor 5G antennas, for both mmWave and mid-band 5G. As carriers roll out 5G service, indoor reception continues to be an issue, especially for the high-band mmWave variety. mmWave is the fastest flavor of 5G, but it suffers from extremely limited range and poor building penetration. As a result, base stations and antennas must be used to ensure good indoor coverage. In contrast, mid-band spectrum is considered the sweet spot for 5G. While not as fast as mmWave, it still offers speeds in excess of 1 Gbps. Similarly, while the range and coverage is not as good as low-band 5G, it’s still a significant improvement over mmWave. Even so, mid-band can still benefit from indoor antennas for maximum performance.

ChipMOS REPORTS FIRST QUARTER 2021 RESULTS

ChipMOS REPORTS FIRST QUARTER 2021 RESULTS News provided by Share this article 24.2% Gross Margin Increases 150 Basis Points from 1Q20 Net Earnings Increase 34.7% in 1Q21 Compared to 1Q20 and Increase 40.4% Compared to 4Q20, with 1Q21 Reaching NT$1.32 or US$0.05 per Basic Common Share or US$0.93 per Basic ADS Free Cash Flow of US$32.4 Million in 1Q21, with Further Expansion of Cash and Cash Equivalents Balance to US$196.3 Million Dividend of NT$2.2 Per Common Share Approved by the ChipMOS Board of Directors Pending Shareholder Approval at Company s AGM HSINCHU, May 11, 2021 /PRNewswire-FirstCall/  ChipMOS TECHNOLOGIES INC. ( ChipMOS or the Company ) (Taiwan Stock Exchange: 8150 andNASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ( OSAT ), today reported consolidated financial results for the first quarter ended March 31, 2021, with a new quarterly revenue record high, continued gross margin expansion and a 40.4% incre

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