ChipMOS Technologies posted its strongest quarterly revenue in over three years as recovering memory chip prices lifted demand for packaging and testing services. The Hsinchu-based company recorded NT$6.14 billion ($205 million) in third-quarter sales, marking a 13-quarter peak.
The upturn follows last year’s industry downturn, when DRAM and NAND prices bottomed out. Contract and spot prices have since rebounded, driving customers to restore normal shipments and place rush orders. ChipMOS saw increased testing volumes across data center, mobile, and PC applications alongside standard memory products.
Capacity utilization climbed above 70% in the third quarter, according to analysts, up from roughly 62% at the start of the year. While that represents improvement from earlier 2025 levels, it remains below the near-75% rate seen a year ago, suggesting demand hasn’t fully recovered to previous peaks.
The company has benefited from an improving product mix and higher average selling prices as customers shift toward more complex components. Still, the sustainability of this momentum depends on whether memory pricing holds amid ongoing supply adjustments across the industry.
ChipMOS is converting warehouse space acquired late last year into driver IC wafer testing capacity to address medium-term customer needs. Management said it would prioritize efficiency gains from existing assets while maintaining flexibility to adjust capacity based on market conditions.
