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ChipMOS expects capex-to-revenue ratio to reach 20% in 2024

Siu Han, Taipei; Rodney Chan, DIGITIMES Asia 0

Credit: DIGITIMES

Backend house ChipMOS Technologies expects its capex-to-revenue ratio to rise from 15% to 20% in 2024, with increased investment in upgrading memory testing capabilities and adding capacity for display driver ICs (DDI).

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