Monthly Archives: May 2020

PR Newswire

Fight to Fame announces the design of the new official website, and uses the digital market to pick up the FF token related promotion

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LOS ANGELES, May 7, 2020 /PRNewswire/ — In early April 2020, Fight To Fame announced a new official website design. The new page adopts a design method similar to Olympic tickets. Gold has been the dominant color and a large number of 3D images have been added, making each page more in line with Fight To Fame’s promotional concept.

And the new official website page integrates multiple pages such as event introduction, player registration, action star reality show live broadcast, announcements, FF token introduction, core team, etc., so that the audience can quickly be in the workplace, office or at home Browse related news about Fight To Fame. In addition, the official website also has a contact window, whether you are a registered player, a fan who cheers for the player, or an action movie fan, you can see the current ongoing activities through the most striking place. So you can easily and quickly join activities that are going on or going on.

Introduction page: Through a newly designed homepage and a lot of animation rendering, Fight To Fame will show the unique operation mode of “blockchain + sports + film and television” to every audience intuitively.

Player registration: Through the concise and clear registration form, any interested player can immediately upload their own relevant documents on the official website, and this update uses a more secure end-to-end encryption system, so that your privacy no longer has to worry about being Anyone leaked.

Reality Show: Through the reality show interface, not only the audience, but anyone can view the ongoing events on this page. Whether you are using a TV, mobile phone, computer or other tablet devices, you can turn on the screen anytime, anywhere and enjoy the ultimate visual experience we bring to you.

Newsroom: With this update, the newsroom function also appears. You can find all relevant reports about Fight To Fame on this page. And you can also share the stories you are interested into various social platforms.

FF token: Through the independent design of the FF token page, fans no longer need to go to major platforms to search for relevant information about FF token, just click on our page to get the latest news.

As COVID-19 virus continue to wreak havoc on a global scale, the real economy of various countries is facing great risks. However, the cryptocurrency market has shown a pick-up trend. With this opportunity, Fight To Fame has embarked on a new round of publicity about FF tokens around the world. Up to now, the Fight To Fame Organizing Committee has launched a large number of media campaigns in the United States, Brazil, Peru, Myanmar and other places.

For more content, we will release it in the next few weeks.

https://fight2fame.com/   

http://chain-bank.net

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PR Newswire

Huobi China to Play Pivotal Role in Development of BSN

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BEIJING, May 7, 2020 /PRNewswire/ — China’s interest in blockchain technology is about to take its next step as the Blockchain-Based Service Network (BSN) comes into commercial effect on April 25. The aim of this network is to allow companies and software developers to be able to plug into the BSN and build blockchain-based applications quickly and affordably.

Huobi China to Play Pivotal Role in Development of BSN
Huobi China to Play Pivotal Role in Development of BSN

The Chinese government has envisioned a variety of use cases for blockchain infrastructure network which include smart city applications, identity registration and data storage solutions. As part of bringing this network to life, Huobi China has been nominated as one of the four underlying framework providers of BSN.

This BSN network is more than just one that will operate in China. It has been proven to be effective and viable, as well as scalable in China, and has been taken globally. Hong Kong and Singapore are more than 84 cities where the network is already being tested.

According to a document shared with the public at the BSN Commercialization Press Conference on April 25, BSN has signed up 128 public city nodes via its telecom members and is hoping to deploy up to 200 more by the end of this year.

Huobi China has completed one of the frameworks that will be integrated into BSN by July 2020. The public will soon be able to access the blockchain framework supported by Huobi China. 

Yuming Yuan, CEO of Huobi China, has spoken about the project and its grand ambitions, as well as how he see Huobi China playing its part

“The fact that Huobi China was accepted as one of the four underlying framework providers for BSN is a new milestone. We are recognized as one of the leading enterprises in the blockchain industry and our abilities to research, land the project, and be a close partner of building an integrated blockchain ecosystem are much needed in the BSN program,” Yuan explained.

This undertaking is like nothing ever before seen on a global scale. The increased appreciation of blockchain in China has been reported numerous times, but the implementation of the BSN is a manifestation of this ambition. 

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PR Newswire

Announcing VeChain BootCamp – The Virtual Live Streaming Blockchain Webinar Series

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SHANGHAI, May 7, 2020 /PRNewswire/ — As the reality of living in a ‘new normal’ sets in, the VeChain Foundation has been seeking the best opportunity to continue and increase our social engagement and communication efforts. After careful deliberation and consultation with our partners and advisors, we believe that turning towards the virtual world provides a unique way of sharing our latest business progress and product iterations in a direct and interactive manner.

As a result, we would like to announce VeChain BootCamp, a virtual livestreaming blockchain webinar series. The webinar series will be hosted by the VeChain top management team, country and regional general managers as well as VeResearch experts. In addition, the webinar series will be joined by distinguished guest speakers comprising our partners from across various industries to provide insights from their professional perspectives.

VeChain BootCamp – An Interactive Learning & Communication Series

Utilizing online live streaming platforms, the VeChain BootCamp aims to create lively webinar sessions. Topics presented in this series will be aimed to help viewers digest the latest trend of blockchain technology implementation, keep up with the current progress of the VeChain, follow the latest paradigm shifts of industry developments and get prospective insights from VeChain and our numerous partners.

Whether you are a technology or blockchain enthusiast, a journalist or a business person, we guarantee that the VeChain BootCamp will be insightful, entertaining, and a fun journey for all. We highly encourage all of our community members to attend our specially designed webinars and to spread the word to anyone that might be interested in this series.

Reveal of Latest VeChain ToolChainTM to Kick Off the Series

After months of R&D efforts, we are proud to announce that a new version of VeChain ToolChainTM has arrived. The new version surpasses the initial release by several factors, and comes with the ability to scale at an exponential rate.

In the first volume of VeChain BootCamp, VeChain CEO and Co-Founder Sunny Lu will officially reveal the new features and other incredible details about VeChain ToolChain, and its role in the adoption of the VeChainThor blockchain by partners and clients.

The first livestream event will kick off at 22:00 (UTC+8) on May 8, 2020, and the registration for attending the main stream is open now. The live video feed will also be streamed on our official YouTube channel.

Stay tuned for more details on our official twitter @vechainofficial and visit our official BootCamp Prep website for more information!

Looking forward to meeting all of you virtually very soon!

About VeChain

Launched in 2015, VeChain connects blockchain technology to the real world by providing a comprehensive governance structure, a robust economic model, and IoT integration. VeChain is the pioneer of real-world applications using public blockchain technology, with international operations in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco. Together with our strategic partners PwC and DNV GL, we have established cooperative relations with many leading enterprises in different industries, including Walmart China, BMW, BYD Auto, Haier, H&M, LVMH, D.I.G, ENN, AWS, PICC, ASI etc. For more information about VeChain, please visit our official website www.vechain.com.

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PR Newswire

Zero-commission trading app TradeUP expands campaign to offer clients cash bonuses

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NEW YORK, May 6, 2020 /PRNewswire/ — TradeUP, the commission-free stock trading platform, announced today that it is expanding its cash bonus program to a tiered structure, increasing the highest cash bonus possible from $50 to $200. The tiered promotion effectively lowers the threshold for qualification from a $3,000 deposit to just $1,000. Specifically, clients with an initial qualifying deposit of $1000 or more are able to claim cash bonuses worth up to $200. Moreover, clients who transfer their accounts from other brokerages may receive a reimbursement for any transfer fees up to $200. The offer is available immediately and ends on June 30, 2020.

“We modified the reward scheme from a single and fixed-rate bonus to a multi-tiered structure in an effort to thank more clients,” said Ryan Song, director of TradeUP, “Being customer-oriented means we always hope to interact with our clients and show our appreciation for their loyalty and support.”

Launched in January, TradeUP is a zero-commission trading platform for U.S stocks, ETFs and options. It also made headlines by offering local access to Hong Kong stock trading with competitive fees. Available both through its mobile app and web platform, TradeUP continues to enhance its operational capability and user experience by performing updates on a biweekly basis.

“Rather than taking a minimalist approach that only incorporates minimalist graphics and limited analytical tools, we believe ease of use is achieved through three steps: investigate client preferences, tailor strategies to user expectations, and meet those expectations through technological innovation. TradeUP’s customers enjoy an intuitive interface and easy trading process because we seamlessly incorporated essential information and tools to our app without crowing the navigation bar,” Song added.

Despite the impact of coronavirus on the global markets, TradeUP’s user base and funding grow at a steady pace. “We experienced a surge in first-time investors drawn to the events we are currently hosting. Last month, we commenced our first ever paper trading competition, hoping to give investors more opportunities to glean market insights. Through the use of fintech, we strive to deliver a more efficient and reliable trading experience that is unmatched by market alternatives for generations to come,” Song said.

For more information about TradeUP’s cash bonus program, please visit: https://tradeup.marsco.com/activity/market/deposit-award/#/award

Zero-fee or commission-free trading means $0 commission trading on self-directed individual cash or margin brokerage accounts that trade U.S. exchange-listed stocks and ETFs online. A $0.65 per contract fee applies to options trades. TradeUP also charges commission on Hong Kong stock trading. For full pricing details, see: https://www.itradeup.com/pricing/commissions-us

Brokerage services in TradeUP are offered by Marsco Investment Corporation. Download TradeUP in the Apple App Store or Google Play for free. For more information, please visit TradeUP’s website: https://www.itradeup.com/

About Marsco Investment Corporation

Marsco Investment Corporation is a registered brokerage firm at SEC (CRD:18483; SEC: 8-36754), a member of FINRA/SIPC and a member of DTC/NSCC, regulated by the US Securities and Exchange Commission and Financial Industry Regulatory Authority.

Risk Disclosure:

All investments involve risk, including possible loss of principal. Past performance of a security, market, or financial product does not guarantee future results. Electronic trading poses unique risks to investors. System response and access times may vary due to market conditions, system performance, and other factors. Market volatility, volume, and system availability may delay account access and trade executions. The contents of this article shall not be considered a recommendation or solicitation for the purchase or sale of securities, futures or other investment products.

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PR Newswire

The outstanding camera phone – TECNO CAMON 15 Premier allows you to experience brilliant photography with big screen, big memory and big battery

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HONG KONG, May 6, 2020 /PRNewswire/ — The CAMON 15 series smartphone from TECNO Mobile (www.TECNOMobile.com) has begun its official sale, which means it’s time to dive deeper into this device that many people have heard so much about. Aside from its ultra-high resolution 64-megapixel camera, what are the features that make this phone the mobile photography powerhouse we’ve heard of from the first wave of pre-release users?

When speaking of the CAMON 15, two technologies must be mentioned that put it at the leading position in the market with its quad-camera smartphone technology: Ultra HD, and Super Night Mode. Powered by a 64MP Sony camera, Ultra HD is next-generation resolution performance, giving images that can be scaled up and zoomed in without sacrificing clarity. Meanwhile, Super Night Mode has everything to achieve that level of clarity even after nightfall, using TAIVOS™ technology to tame the wilderness that night shots have traditionally been for camera phone users, reducing noise and optimizing exposure levels with 15-frame synth.

With these two doing the heavy lifting, the CAMON 15 still manages to go further with the type of supporting features that help smartphone users get more out of their cameras in different shooting environments.

6.6’FHD+ Real Fullview, true big screen

While most of the competitors are equipped with 6.2″ or maybe to 6.5″ as the largest, the TECNO CAMON 15 Premier’s screen has a 6.6″ Perfect Full view, giving users a wider, clearer, and more colorful visual experience. The 91.2% super screen ratio and unibody pop-up camera design helps actualize the dream of an immersive, full view, cinematic experience. Users can enjoy a truly boundless screen.

The super big screen enables the 115-degree Super Wide-Angle visibility to be fully viewed. While taking photos with the 115° Super Wide Angle, it is needless to worry about failing to fully capture the grand scenery. The anti-distortion feature allows the scene be recorded as seen in reality.

128GB ROM + 6GB RAM, 4000mAh long-lasting battery, Powerful Performance

TECNO CAMON 15 Premier is armed with 128GB ROM + 6GB RAM and a 4000mAh long-lasting battery. 128GB ROM offers more space to store data, and relieves users of the need to frequently clean-up to get more storage. 6GB RAM provides a stable and highly efficient performance. Multitasking and gaming has become faster and smoother.

The 4000mAh powerful battery satisfies users’ need for a stable power supply in work and daily life.

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PR Newswire

Baidu to Report First Quarter 2020 Financial Results on May 18, 2020

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BEIJING, May 6, 2020 /PRNewswire/ — Baidu, Inc. (Nasdaq: BIDU), a leading search engine, knowledge and information centered Internet platform and AI company, today announced that it will report its financial results for the first quarter ended March 31, 2020, after the U.S. market closes on May 18, 2020. Baidu’s management will hold an earnings conference call at 9:15 PM on May 18, 2020, U.S. Eastern Time (9:15 AM on May 19, 2020, Beijing Time).

Please register in advance of the conference call using the link provided below. Upon registering, you will be provided with participant dial-in numbers, Direct Event passcode and unique registrant ID by email.

For pre-registration, please click http://apac.directeventreg.com/registration/event/7490173. It will automatically direct you to the registration page of “Baidu Q1 2020 Earnings Conference Call”, where you may fill in your details for RSVP. If it requires you to enter a participant conference ID, please enter “7490173”.

In the 10 minutes prior to the call start time, you may use the conference access information (including dial-in number(s), Direct Event passcode and unique registrant ID) provided in the confirmation email that you have received following your pre-registration.

Additionally, a live and archived webcast of this conference call will be available at http://ir.baidu.com.

A replay of the conference call may be accessed by phone at the following number until May 26, 2020:

International:

+61 2 8199 0299

Passcode:

7490173

About Baidu

Baidu, Inc. is a leading search engine, knowledge and information centered Internet platform and AI company. Baidu aims to make the complicated world simpler through technology. Baidu’s ADSs trade on the NASDAQ Global Select Market under the symbol “BIDU”. Currently, ten ADSs represent one Class A ordinary share.

For investor inquiries, please contact:

Investors Relations, Baidu, Inc.
Tel: +86-10-5992-8888
Email: ir@baidu.com

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Source: Baidu, Inc.

PR Newswire

iQIYI to Report First Quarter 2020 Financial Results on May 18, 2020

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BEIJING, May 6, 2020 /PRNewswire/ — iQIYI, Inc. (NASDAQ: IQ) (“iQIYI” or the “Company”), an innovative market-leading online entertainment service in China, today announced that it will report its financial results for the first quarter ended March 31, 2020 after the U.S. market closes on May 18, 2020.

iQIYI’s management will hold an earnings conference call at 8:00 PM on May 18, 2020, U.S. Eastern Time (8:00 AM on May 19, 2020, Beijing Time).

Please register in advance of the conference using the link provided below. Upon registering, you will be provided with participant dial-in numbers, Direct Event passcode and unique registrant ID by email.

Participant Online Registration:  http://apac.directeventreg.com/registration/event/5125109

It will automatically direct you to the registration page of “iQIYI First Quarter 2020 Earnings Conference Call”, where you may fill in your details for RSVP. If it requires you to enter a participant conference ID, please enter “5125109”.

In the 10 minutes prior to the call start time, you may use the conference access information (including dial-in number(s), Direct Event passcode and unique registrant ID) provided in the confirmation email that you have received following your pre-registration.

A telephone replay of the call will be available after the conclusion of the conference call through May 26, 2020.

Dial-in numbers for the replay are as follows:

International Dial-in

+61 2 8199 0299

Passcode:

5125109

A live and archived webcast of the conference call will be available at http://ir.iqiyi.com/.

About iQIYI, Inc.

iQIYI, Inc. is an innovative market-leading online entertainment service in China. Its corporate DNA combines creative talent with technology, fostering an environment for continuous innovation and the production of blockbuster content. iQIYI’s platform features highly popular original content, as well as a comprehensive library of other professionally-produced content, professional user generated content and user-generated content. The Company distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. iQIYI attracts a massive user base with tremendous user engagement, and has developed a diversified monetization model including membership services, online advertising services, content distribution, online games, live broadcasting, IP licensing, talent agency, online literature and e-commerce etc.

For more information, please contact:

Investor Relations
iQIYI, Inc.
+86-10-8264-6585
ir@qiyi.com

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Source: iQIYI, Inc.

PR Newswire

COVID-19 Pandemic Pummels Biometrics Market Causing Device Revenues to Drop by US$2 Billion While Forcing Investment Surge in AI Face Recognition Applications

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LONDON, May 6, 2020 /PRNewswire/ — According to global tech market advisory firm, ABI Research, the COVID-19 pandemic is expected to cause a significant pushback on biometric device shipments, creating a major revenue drop of US$2 billion over the course of 2020. At the same time, the pandemic has given rise to new identification and surveillance needs, spurring further investments in biometric Artificial Intelligence (AI) algorithm design, which will give a boost to the face recognition technologies market going forward.

“Contact biometric technologies like fingerprint and vein have been dealt a substantial blow due to new governmental regulations targeting contact and close-proximity interactions. Fingerprint biometrics vendors are struggling to uphold the new stringent hygiene and infectious control protocols. These regulations have been correctly introduced for the safety of users and personnel, but they have also affected sales in certain verticals,” explains Dimitrios Pavlakis, Digital Security Analyst at ABI Research.

“On-premises physical access control, user registration, identification, and workforce management systems have been greatly affected in the enterprise and commercial space, but these applications also spread into healthcare, law enforcement, border control, government, civil, and welfare,” Pavlakis adds. While contact-only companies will have additional hurdles to overcome in most markets, innovative companies like Gemalto and IDEMIA have already adapted their solutions offering contact-less fingerprint sensing technologies. Additionally, fingerprint sensor vendors operating in consumer markets like FPC and Goodix will be mostly affected by smartphone sales, rather than hygiene concerns, due to the personal nature of user authentication.

The total biometric device market is expected to reach US$28.2 billion in 2020, with the government and security market taking a significant hit of US$1.1 billion. Fingerprint device sales are also expected to decrease in 2020 by US$1.2 billion.  Not all is bleak, however. “AI biometric firms are adapting to the biological threat. Biometric technologies are currently undergoing a forced evolution rather than an organic one, with artificial intelligence biometric firms spearheading the charge,” says Pavlakis. “New IoT and smart city-focused applications will enable new data streams and analytics, monitoring infection rates in real-time, forcing new data-sharing initiatives, and even applying behavioral AI models to predict future outbreaks.”

Face and iris recognition have been brought into the spotlight as key technologies allowing authentication, identification and surveillance operations for users and citizens wearing protective head gear, face masks, or, with partially covered faces. These elements that were the bane of face recognition algorithms in the past have now been integrated into algorithm developers’ value proposition followed by further investment boost targeted at surveillance, video analytics and smart city applications. Temperature and fever detection technologies making use of infrared technologies have also been retrofitted in access and border control while biometric telemedicine applications are providing healthcare support to consumers and patients remotely. AI investments have been primarily instigated by leading Chinese firms like SenseTime, Megvii, Alibaba, and Baidu.

These findings are from ABI Research’s Assessing the Impact of COVID-19 on the Biometrics Market application analysis report. This report is part of the company’s Digital Security research service, which includes research, data, and ABI Insights. Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific application, which could focus on an individual market or geography.

About ABI Research

ABI Research provides strategic guidance to visionaries, delivering actionable intelligence on the transformative technologies that are dramatically reshaping industries, economies, and workforces across the world. ABI Research’s global team of analysts publish groundbreaking studies often years ahead of other technology advisory firms, empowering our clients to stay ahead of their markets and their competitors. 

ABI Research提供开创性的研究和战略指导，帮助客户了解日新月异的技术。 自1990年以来，我们已与全球数百个领先的技术品牌，尖端公司，具有远见的政府机构以及创新的贸易团体建立了合作关系。 我们帮助客户创造真实的业务成果。 

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.

Contact Info: 

Global 
Deborah Petrara 
Tel: +1.516.624.2558 
pr@abiresearch.com 

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PR Newswire

Hollysys Automation Technologies to Announce Fiscal Year 2020 Third Quarter Financial Results and Host Earnings Conference Call on May 14, 2020 US ET

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BEIJING, May 6, 2020 /PRNewswire/ —Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) (“Hollysys” or the “Company”), a leading provider of automation and control technologies and applications in China, today announced that it will report its financial results for fiscal year 2020 third quarter on Thursday, May 14, 2020 U.S. Eastern Time.

The Company will host a conference call at 9:00 pm May 14, 2020 U.S. Eastern Time / 9:00 am May 15, 2020 Beijing Time, to discuss the financial results for fiscal year 2020 third quarter ended March 31, 2020 and business outlook.

Joining the Conference Call:

Please note that our teleconference provider has fully moved to a new system, Direct Event, which delivers the same teleconference call service but by pre-registration only for the participants. Here are the instructions on joining the conference call:

  1. Please register in advance of the conference using the link provided below. Upon registering, you will be provided with participant dial-in numbers, Direct Event passcode and unique registrant ID.
  2. In the 10 minutes prior to the call start time, you will need to use the conference access information provided in the email received at the point of registering.

Note: Due to regional restrictions some participants may receive operator assistance when joining this conference call and will not be automatically connected.

Helpful keypad commands:
*0 – Operator assistance
*6 – Self mute/unmute

Direct Event online registration: http://apac.directeventreg.com/registration/event/7939828. Please use Conference ID 7939828 for entry if the link fails to lead directly to the registration page.

In addition, a recording of the conference call will be accessible within 48 hours via Hollysys’ website at: http://hollysys.investorroom.com

About Hollysys Automation Technologies Ltd. (NASDAQ: HOLI)

Hollysys is a leading automation control system solutions provider in China, with overseas operations in eight other countries and regions throughout Asia. Leveraging its proprietary technology and deep industry know-how, Hollysys empowers its customers with enhanced operational safety, reliability, efficiency, and intelligence which are critical to their businesses. Hollysys derives its revenues mainly from providing integrated solutions for industrial automation and rail transportation. In industrial automation, Hollysys delivers the full spectrum of automation hardware, software, and services spanning field devices, control systems, enterprise manufacturing management and cloud-based applications. In rail transportation, Hollysys provides advanced signaling control and SCADA (Supervisory Control and Data Acquisition) systems for high-speed rail and urban rail (including subways). Founded in 1993, with technical expertise and innovation, Hollysys has grown from a research team specializing in automation control in the power industry into a group providing integrated automation control system solutions for customers in diverse industry verticals. As of June 2019, Hollysys had cumulatively carried out more than 25,000 projects for approximately 15,000 customers in various sectors including power, petrochemical, high-speed rail, and urban rail, in which Hollysys has established leading market positions.

SAFE HARBOUR:

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are “forward-looking statements,” including statements regarding: the ability of the Company to achieve its commercial objectives; the business strategy, plans and objectives of the Company and its subsidiaries; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, involve known and unknown risks and uncertainties. Such forward-looking statements, based upon the current beliefs and expectations of Hollysys’ management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

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PR Newswire

ChipMOS REPORTS APRIL 2020 REVENUE; NEW RECORD HIGH FOR APRIL

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HSINCHU, May 6, 2020 /PRNewswire/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today reported its unaudited consolidated revenue for the month of April 2020.  All U.S. dollar figures cited in this press release are based on the exchange rate of NT$29.72 to US$1.00 as of April 30, 2020.

Revenue for the month of April 2020 was NT$1,854.3 million or US$62.4 million, which is a new record high revenue level for the month of April.  This represents an increase of 18.9% as compared to April 2019 and a decrease of 5.7% from March 2020.  The Company noted that it benefitted from stable memory demand, including DRAM and NOR flash.  These improvements were partially offset by softness in DDIC and gold bumping due to macro weakness in TV and smart phone demand, combined with one less calendar day of operations in the month of April compared to March.

Consolidated Monthly Revenues (Unaudited)

April 2020

March 2020

April 2019

MoM Change

YoY Change

Revenues

(NT$ million)

1,854.3

1,966.8

1,559.5

-5.7%

18.9%

Revenues

(US$ million)

62.4

66.2

52.5

-5.7%

18.9%

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (https://www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS provide assembly and test services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries. 

Forward-Looking Statements

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategy, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors.  Further information regarding these risks, uncertainties and other factors are 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:

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Source: ChipMOS TECHNOLOGIES INC.