ChipMOS/Bermuda breaks ground for new factories in China

Shanghai, China – ChipMOS Technologies (Bermuda) Ltd. has broken ground for
its new IC testing and assembly factories in Shanghai Qingpu Industrial Zone.

The 25000-square-meter facility is the first phase of the company’s plan to set up operations in the Qingpu Industrial Zone.

Construction of the facility will begin by September 2002 and full-scale production is expected to begin by 3Q05, with a planned capacity of 50 million pieces/month. The initial services will include testing and assembly of memory, liquid crystal display driver ICs, and module and sub-system manufacturing.

“This groundbreaking is the symbolic first step in establishing the new facility. Our decision to build the factories in the Qingpu Industrial Zone and our determination to complete them on time and within budget re-emphasizes our commitment to customer satisfaction and meeting customer requirements for on-time delivery and short cycle times,” said S.J. Cheng, deputy chairman and CEO of ChipMOS/Bermuda.

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