ChipMOS Tech (Bermuda) to establish Shanghai factories

March 27, 2002 – Shanghai, China – ChipMOS Technologies (Bermuda) Ltd. has signed a cooperation agreement with Shanghai Qingpu Industrial Zone to build IC testing and assembly factories in the zone.

ChipMOS/Bermuda recognizes that many of its customers have established, or are developing, operations in China.

In addition to providing IC assembly and testing services, ChipMOS/Bermuda will also implement its module and sub-system manufacturing capabilities, including memory module, ASIC, liquid crystal module, liquid crystal on silicon microdisplay, LCD driver IC, and ink-jet print head module, in this operational base.

“We are very pleased to welcome ChipMOS/Bermuda in developing its business here,” said Chen Liangyu, mayor of Shanghai City. “ChipMOS/Bermuda’s investment in Shanghai will exert significant influence on the rapid development of the IC industry here. Our cooperation with ChipMOS/Bermuda should provide great opportunities for both ChipMOS/Bermuda and China in the future.”

In order to provide complete IC backend services in China, ChipMOS/Bermuda intends to establish two operational factories in the Zone. Full-scale production is expected to begin by 3Q05, with a planned capacity of 50 million pieces/month.


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