ChipMOS Reports 6% Sequential Q4 Revenue Growth, Targets 22%-27% CapEx Ratio
ChipMOS Technologies posted Q4 revenue rising 6% sequentially to a record quarterly high and 21% year-over-year. It plans 2026 CapEx equal to 22%-27% of sales with memory test getting 50% allocation and will roll out a silver-alloy bump solution reducing DDIC bump costs by 50%-60%.
1. Q4 Revenue Performance
ChipMOS achieved a record quarterly-high revenue in Q4 2025, with a 6% sequential increase and 21% year-over-year growth driven by strengthened memory OSAT pricing and expanding mixed-signal business.
2. 2026 CapEx Guidance
The company expects to invest 22%-27% of its 2026 annual revenue in CapEx, allocating roughly 50% to memory test, 10% to logic, 25% to DDIC and bumping, and 20% to assembly, with some projects secured by three-year take-or-pay contracts.
3. Silver-Alloy Bump Solution
ChipMOS will introduce a silver-alloy bump for DDIC applications to replace costly gold bumps, cutting bump costs by 50%-60%, with the solution validated by IC and panel reliability tests and sampling underway for mobile and tablet devices.
4. Conference Call Frequency Change
Starting in 2026, ChipMOS will shift from quarterly to semiannual earnings conference calls, reducing the frequency of formal investor updates.