Chip Hope Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 04:30 pm EDT
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Chip Hope Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 204.216 million compared to TWD 468.794 million a year ago. Operating loss was TWD 72.735 million compared to TWD 19.024 million a year ago. Net loss was TWD 77.733 million compared to TWD 18.991 million a year ago. Basic loss per share was TWD 1.16 compared to TWD 0.28 a year ago.
CHIP HOPE CO., LTD. is a Taiwan-based company principally engaged in the manufacturer and sales of memory products and integrated circuit (IC) application products. The Company's memory products include various flash memory cards, which are applied in cell phones, computers, digital cameras, as well as other information and electronic products. The Companyâs IC application products consist of personal computer ICs (including universal serial bus (USB) keyboard ICs, USB optical mouse ICs, USB wireless keyboard and mouse ICs) and communication ICs, which are applied in caller identification, wireless telephone chipsets and telephone answering machines. It is also involved in the development of smart phones, as well as the value-added design and sales of related software. The Company distributes its products mainly in Asia market.
CHIP HOPE CO., LTD 
