17.7% Increase in 1Q24 Revenue Compared to 1Q23 180 Basis Point Expansion in Gross Margin to 14.2% in 1Q24 Compared to 12.4% in 1Q23 Net Earnings More than Doubled to NT$0.60 per Basic Common Share Compared to NT$0.28 per Basic Common Share in 1Q23 Strong Financial Position and Liquidity with NT$12,164.6 Million or US$381.0 Million Balance of Cash and Cash Equivalents Dividend of NT$1.8 per Common Share Authorized by the Company's Board of Directors Pending Shareholder Approval at May 2024 AGM HSINCHU, May 9, 2024 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (NASDAQ: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, 2024. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$31.93 against US$1.00 as of March 29, 2024. All the figures were prepared in accordance with Taiwan-International Financial Reporting Standards ("Taiwan-IFRS"). Revenue for the first quarter of 2024 was NT$5,418.7 million or US$169.7 million, a decrease of 5.4% from NT$5,725.4 million or US$179.3 million in the fourth quarter of 2023 and an increase of 17.7% from NT$4,605.1 million or US$144.2 million for the same period in 2023. Net non-operating income in the first quarter of 2024 was NT$156.3 million or US$4.9 million, compared to net non-operating expenses of NT$137.0 million or US$4.3 million in the fourth quarter of 2023. The increase of net non-operating income compared to the fourth quarter of 2023 is mainly due to an increase of the foreign exchange gains of NT$348 million or US$10.9 million from the foreign exchange losses of NT$195 million or US$6.1 million in the fourth quarter of 2023 to the foreign exchange gains of NT$153 million or US$4.8 million in the first ...