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ChipMOS REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS

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Financial Highlights:

22.2% Increase in Q4 2023 Revenue Compared to Q4 2022; 2.6% Increase Compared to Q3 2023; Full Year 2023 Revenue Declines 9.2% Compared to Prior Year560 Basis Point Increase in Q4 2023 Gross Margin Compared to Q4 2022, and 420 Basis Point Increase Compared to Q3 2023; Full Year 2023 Gross margin Declines 430 Basis Points Compared to 2022Net Earnings Tripled to NT$0.66 Per Common Share in Q4 2023 From NT$0.22 in Q4 2022, and Decreased NT$0.14 Compared to NT$0.80 in Q3 2023; Full Year 2023 Net Earnings of NT$2.60 Per Common Share Compared to NT$4.64 for the Full Year 2022Strong Financial Position and Liquidity with NT$12,354.0 Million or US$403.5 Million Balance of Cash and Cash EquivalentsDividend of NT$1.8 Per Share Authorized by Board Pending Shareholder Approval at May 2024 AGM

HSINCHU, Feb. 22, 2024 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today reported consolidated financial results for the fourth quarter and the full year ended December 31, 2023. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$30.62 against US$1.00 as of December 29, 2023.

All the figures were prepared in accordance with Taiwan-International Financial Reporting Standards (“Taiwan-IFRS”).

Revenue for the fourth quarter of 2023 was NT$5,725.4 million or US$187.0 million, an increase of 2.6% from NT$5,581.5 million or US$182.3 million in the third quarter of 2023 and an increase of 22.2% from NT$4,686.2 million or US$153.0 million for the same period in 2022.  Revenue for the fiscal year ended December 31, 2023 was NT$21,356.2 million or US$697.5 million, a decrease of 9.2% from NT$23,517.1 million or US$768.0 million for the fiscal year ended December 31, 2022.

Net non-operating expenses in the fourth quarter of 2023 was NT$137.0 million or US$4.5 million, compared to net non-operating income of NT$230.9 million or US$7.5 million in the third quarter of 2023, and net non-operating expenses of NT$130.0 million or US$4.2 million in the fourth quarter of 2022. The variance is mainly due to an increased foreign exchange loss in the fourth quarter of 2023.

Net non-operating income of the Company for the fiscal year ended December 31, 2023 was NT$359.8 million or US$11.8 million, compared to NT$811.2 million or US$26.5 million for the fiscal year ended December 31, 2022. The decrease is mainly due to a reduced foreign exchange gain and share of profit of associates accounted for using equity method, which was partially offset by an increase in interest income.

Net profit attributable to equity holders of the Company for the fourth quarter of 2023 was NT$482.0 million or US$15.7 million, and NT$0.66 or US$0.02 per basic common share, as compared to NT$580.6 million or US$19.0 million, and NT$0.80 or US$0.03 per basic common share in the third quarter of 2023.  This compares to NT$154.9 million or US$5.1 million, and NT$0.22 or US$0.01 per basic common share in the fourth quarter of 2022.  Net earnings for the fourth quarter of 2023 were US$0.43 per basic ADS, compared to US$0.52 per basic ADS for the third quarter of 2023 and US$0.14 per basic ADS in the fourth quarter of 2022.

Net profit attributable to equity holders of the Company for the fiscal year ended December 31, 2023 was NT$1,893.4 million or US$61.8 million, and NT$2.60 or US$0.08 per basic common share, compared to net profit attributable to equity holders of the Company for the fiscal year ended December 31, 2022 was NT$3,372.0 million or US$110.1 million, and NT$4.64 or US$0.15 per basic common share. Net earnings for the fiscal year ended December 31, 2023 were US$1.70 per basic ADS, compared to US$3.03 per basic ADS for the fiscal year ended December 31, 2022.

Net free cash flow for the fiscal year ended December 31, 2023 was NT$1,339.0 million or US$43.7 million, with a balance of cash and cash equivalents was NT$12,354.0 million or US$403.5 million.

Fourth Quarter and Full Year 2023 Investor Conference Call / Webcast Details
Date: Thursday, February 22, 2024
Time: 3:00PM Taiwan (2:00AM New York)
Dial-In: +886-2-33961191
Password: 1415022 #
Webcast and Replay: https://www.chipmos.com/chinese/ir/info2.aspx
Replay: Starts approximately 2 hours after the live call ends
Language: Mandarin

Note: A transcript will be provided on the Company’s website in English following the conference call to help ensure transparency, and to facilitate a better understanding of the Company’s financial results and operating environment.

About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide.

Forward-Looking Statements
This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. Further information regarding these risks, uncertainties and other factors are included in the Company’s most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) and in the Company’s other filings with the SEC.

Contacts:

In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES INC.

+886-6-5052388 ext. 7715

IR@chipmos.com

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com

View original content:https://www.prnewswire.com/news-releases/chipmos-reports-fourth-quarter-and-full-year-2023-results-302068305.html

SOURCE ChipMOS TECHNOLOGIES INC.

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Sungrow PhD Talk Outlines 5 Key Trends in Offshore Renewables

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YANTAI, China, Sept. 14, 2026 /PRNewswire/ — Sungrow, a global leading renewable energy company, recently hosted the latest edition of its PhD Talk series in China’s Bohai Bay, bringing together experts and industry representatives in offshore PV, island microgrids, deep-water offshore wind and marine conservation.

Under the theme “The Power of Bridge: Bridge to The Deep Blue,” the event identified five key trends shaping offshore renewables in the move from demonstration projects toward commercial deployment.

Offshore systems must withstand salt spray, high humidity, waves, tides and typhoons while navigating limited operation and maintenance (O&M) windows, insufficient grid support and coordination across multiple types of equipment.

Trend 1: Scenario-Defined Design Replaces a One-Size-Fits-All Approach

Offshore equipment cannot simply replicate land-based products, and different marine environments demand different designs. David Sun, General Manager of the R&D Center at Sungrow’s Utility PV Business Unit, noted that tropical waters bring heat and humidity, cold-water environments create condensation risks, and nearshore industrial zones expose equipment to chemical corrosion.

Sungrow therefore uses a unified, high-standard technology platform while adapting materials, sealing processes and thermal management strategies to local conditions.

Trend 2: AI-Powered Reliability Supports Offshore Solar’s Move to Commercial Scale

As offshore PV moves from demonstration projects toward commercial operation, harsher environmental loads and mounting cost pressures remain key challenges, according to Hui Xing, Chief Engineer of POWERCHINA Northwest Engineering Corporation Limited’s New Energy Engineering Institute.

David further emphasized that project economics extend beyond upfront equipment costs to downtime, offshore inspections and long-term maintenance. Sungrow’s Smart IV Curve Diagnosis identifies string faults, while self-learning algorithms monitor inverter air-duct health, enabling early warnings and dust removal. MPPT-level insulation detection reduces fault-location time to one-sixth of that required by conventional inverter-level diagnosis, while AI-based fault localization pinpoints issues to individual modules within a string.

Trend 3: Lifecycle Reliability and Proactive Safety Become Core Design Requirements

The SG465HX utility string inverter incorporates IP66 protection, C5-H corrosion resistance, a fully sealed electronics chamber, an IP68-rated fan, weather-resistant sealing materials and intelligent active dehumidification.

In a 1,440-hour cyclic neutral salt spray test (two hours in 5% sodium chloride spray and 22 hours at 40±2°C and 93% relative humidity per cycle), no corrosion appeared on the enclosure, structural parts or core internal components. Sungrow also received a third-party C5-H certification report.

The inverter’s proactive safety features include intelligent string shutdown, AC and DC terminal temperature monitoring, a DC switch with a trip mechanism, and 24-hour insulation monitoring. Sungrow also developed two-stage waterproof terminal caps for protection during transportation, construction and long-term operation, including IP68-rated PA66 caps for unused terminals. A dedicated offshore DC switch uses corrosion- and wear-resistant coatings to reduce the risk of contact sticking and failure to interrupt fault current caused by salt spray.

Trend 4: Grid-Forming Technology Becomes the Backbone of Island Microgrid Stability

Island microgrids face three core challenges: generation uncertainty, load uncertainty and the absence of external grid support, making grid-forming technology and coordinated power-system control essential to stable power supply, according to Dr. Liu Hangyue, Deputy General Manager of Sungrow’s Microgrid and Grid Solutions Center.

David said Sungrow’s inverter portfolio offers grid-forming capability under all grid conditions, letting PV inverters in microgrids establish voltage and support frequency through grid-forming algorithms. In PowerMatrix, each sub-array can operate independently in grid-forming mode, enabling 10-millisecond voltage stabilization and a 5-millisecond inertia response.

Future island energy systems will require coordinated control across solar, wind, storage, the grid and loads, rather than relying on individual devices alone.

Trend 5: Deep-Water Offshore Wind Shifts from Equipment Adaptation to System-Level Co-Design

As offshore wind expands into deeper waters and farther from shore, the challenge is shifting from individual-device reliability to system-wide coordination and value-chain collaboration. Larger turbines can reduce costs and improve efficiency but introduce new issues involving fluid-structure interaction, material properties and multidisciplinary coordination, according to Xu Guodong, Deputy Chief Engineer of Windey Energy Technology Group.

Addressing this shift, Dr. Wang Lingxiang, Vice President of Sungrow and President of its Wind Energy Business Unit, said deep-water sites, evolving power-system requirements and complex marine conditions place greater demands on the reliability, overload capability and intelligent O&M of wind converters.

Electrical equipment must move from passive adaptation to active integration through system-level co-design with generators, cables and transformers, as well as participation in turbine load control and intelligent shutdown strategies. Grid-forming applications must also reflect specific grid-connection and power-transmission configurations, strengthening grid support while safeguarding generators and managing turbine loads. Hardware upgrades should be based on system design requirements.

Beyond technology, Sungrow Foundation joined WWF and the One Planet Foundation to launch a marine “Sun Forest” ecological restoration initiative in Bohai Bay, aiming to restore seagrass and macroalgal beds to improve marine habitats. The foundation also donated a 10.35 kW/10 kWh solar-plus-storage system, expected to generate approximately 12,000 kWh annually, to support emergency and stable power supply for an island community.

This edition of Sungrow’s PhD Talk series traced the industry’s shift from a focus on individual equipment performance toward scenario-specific design, lifecycle reliability, intelligent O&M and system-wide coordination. To support this transition, Sungrow will continue exploring solutions for different marine environments and energy applications through innovation in power conversion and grid technologies.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/sungrow-phd-talk-outlines-5-key-trends-in-offshore-renewables-302877348.html

SOURCE Sungrow

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Alfa Laval selected by Saipem to supply heat transfer technology for one of Europe’s largest carbon capture projects

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LUND, Sweden, Sept. 14, 2026 /PRNewswire/ — Alfa Laval has been selected by Saipem, the EPC (Engineering, Procurement, Construction) contractor for Stockholm Exergi’s BECCS (Bioenergy with Carbon Capture and Storage) project to supply heat transfer equipment for one of Europe’s largest bioenergy carbon capture facilities. The project is expected to begin operations in 2028 and will capture, liquify, and permanently store up to 800,000 tonnes of CO₂ annually, representing approximately one to two percent of today’s total global carbon capture capacity.

Stockholm Exergi, a leading Swedish energy provider, is taking a bold step towards net-negative emissions with the first-of-its-kind large-scale BECCS initiative set to run at Europe’s largest biomass-based combined heat and power plant in Stockholm. When fully operational, the facility will capture and store CO2 from the combustion of biogenic fuels, where Alfa Laval’s heat transfer solutions will play a crucial role, maximizing system efficiency and heat recovery. The project is part of Sweden’s climate neutrality goals, contributing to the EU’s climate strategy and positioning Stockholm Exergi as an early adopter.

“Carbon capture at this scale is one of the most demanding thermal engineering challenges in the energy transition and effective energy recovery is what ultimately makes it commercially viable,” says Thomas Møller, President of the Energy Division, Alfa Laval. “Stockholm Exergi is setting a new standard for what net-negative emissions can look like at industrial scale, and we are honoured to contribute to this landmark project with our heat transfer solutions.”

“The plant will require a lot of energy to capture the CO2 from the flue gas and liquify it, but with the high quality Ziepack heat exchangers from Alfa Laval, we will be able to reclaim the energy used. This energy will go back in our existing district heating system, which contributes additionally to our carbon removal targets,” says Egil Nybakk, Director BECCS at Stockholm Exergi.

Alfa Laval will supply its Ziepack gas-gas interchanger alongside multiple process plate-and-frame heat exchangers, crucial for maximizing system efficiency and heat recovery, and integral parts of the core capture process. The equipment package has been selected by Saipem as part of its EPC contract for the Stockholm Exergi BECCS facility. Alfa Laval’s technologies will contribute to the efficiency of the carbon capture process and support the project’s ambition to become one of the world’s largest facilities for the capture and permanent storage of biogenic CO2.

Contacts
Johan Lundin
Head of Investor Relations, Alfa Laval
Mobile: +46 730 46 30 90
johan.lundin@alfalaval.com

Hanna Jeppsson
External Communications, Alfa Laval
Mobile: +46 767 77 61 56
hanna.jeppsson@alfalaval.com

This is Alfa Laval

Working closely with customers and partners worldwide, Alfa Laval challenges conventional thinking on engineering, quality, and innovation. Together, driving the solutions of the future, inspiring progress towards a more resourceful, less wasteful world.

Alfa Laval is set on creating positive impact in areas that society depends on, including energy, food, water, medicine, maritime transport and offshore operations. As a leading global provider of solutions in heat transfer, separation, and fluid handling, the company collaborates closely with many industries to optimize efficiency, reduce emissions and increase yields.

Alfa Laval was founded more than 140 years ago, has customers in over 100 countries, employs more than 23,500 people, and annual sales were 69.6 BSEK (6.6 BEUR) in 2025. The company is listed on Nasdaq Stockholm.
www.alfalaval.com

About the Stockholm Exergi BECCS project

Bioenergy with Carbon Capture and Storage (BECCS) is a key climate technology that generates renewable energy from biomass while capturing and permanently storing the resulting CO2.

The Stockholm Exergi plant, BECCS Stockholm, is expected to capture and permanently store up to 800,000 tonnes of biogenic CO₂ annually, making it one of the world’s largest carbon removal facilities. The captured CO2 is then compressed and liquified, allowing for space-efficient underground or offshore storage.

About Stockholm Exergi

Stockholm Exergi is a Swedish energy provider in Stockholm. Today, more than 800,000 people and around 400 locations in Stockholm are connected to the district heating network, which is in turn connected to Stockholm Exergi’s heating and cogeneration plants.

About Saipem

Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors. The company is active across the entire CO₂ value chain, from carbon capture to transportation and storage, leveraging its engineering, technological and project execution capabilities to support clients’ decarbonization objectives.

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/alfa-laval/r/alfa-laval-selected-by-saipem-to-supply-heat-transfer-technology-for-one-of-europe-s-largest-carbon-,c4394980

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https://mb.cision.com/Main/905/4394980/4265018.pdf

Alfa Laval selected by Saipem to supply heat transfer technology for one of Europe’s largest carbon capture projects_Alfa Laval press release

 

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SOURCE Alfa Laval

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Share buybacks in Ericsson during the period September 7 – September 11, 2026

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STOCKHOLM, Sept. 14, 2026 /PRNewswire/ — During the period September 7 – September 11, 2026, Telefonaktiebolaget LM Ericsson(publ) (“Ericsson”) (LEI code 549300W9JLPW15XIFM52) repurchased own Class B shares (ISIN: SE0000108656) as follows:

Date

Aggregated daily volume (number of
shares)

Weighted average share price per day
(SEK)

Total daily transaction value
(SEK)

07/09/2026

249,987

97.5722

24,391,781.56

08/09/2026

1,000,000

96.8581

96,858,100.00

09/09/2026

250,000

97.2057

24,301,425.00

10/09/2026

250,000

96.7441

24,186,025.00

11/09/2026

100,000

98.0260

9,802,600.00

Total

1,849,987

97.0493

179,539,931.56

The share repurchases are a part of the share buyback program of up to SEK 15,000,000,000 which Ericsson announced on April 16, 2026, and which runs between April 23, 2026, and March 31, 2027, at the latest. The Board of Directors intends to propose to the 2027 Annual General Meeting that the repurchased shares, other than those used to fulfil Ericsson’s obligations under its share-related incentive programs, are cancelled.

The share buyback program is executed in accordance with the Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse (MAR) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing MAR (the Safe Harbour Regulation).

All acquisitions have been carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson. A full breakdown of the transactions is attached to this announcement.

Following the repurchases above, Ericsson’s holding of treasury stock amounts to 107,518,663 Class B shares. There are in total 3,371,351,735 shares in Ericsson, 261,755,983 shares of Class A and 3,109,595,752 shares of Class B.

NOTES TO EDITORS:

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MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com  (+46 10 719 69 92)
investor.relations@ericsson.com  (+46 10 719 00 00)

Investors
Daniel Morris, Vice President, Head of Investor Relations
Phone: +44 7386 657217
E-mail: investor.relations@ericsson.com

Lena Häggblom, Director, Investor Relations
Phone: +46 72 593 27 78
E-mail: lena.haggblom@ericsson.com

Media
Ralf Bagner, Head of Media Relations
Phone: +46761284789
E-mail: ralf.bagner@ericsson.com

ABOUT ERICSSON:
Ericsson’s high-performing, programmable networks provide connectivity for billions of people every day. For 150 years, we’ve been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/ericsson/r/share-buybacks-in-ericsson-during-the-period-september-7—september-11–2026,c4395255

The following files are available for download:

https://mb.cision.com/Main/15448/4395255/4265622.pdf

Share buybacks in Ericsson during the period September 7-September 11 2026

https://mb.cision.com/Public/15448/4395255/b5e53b4e6c971ce1.xlsx

Daily Ericsson Share Buyback Report

 

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SOURCE Ericsson

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