ChipMOS Technologies Inc (南茂科技), a driver IC and memorychip tester and packager, expects revenue to increase by a double-digit percentage this year, fueled by strong demand and price hikes amid a supply crunch, company chairman Cheng Chih-chieh (鄭世杰) told an investors’ teleconference yesterday. “We are quite bullish about ChipMOS’ business outlook this year, as the company is benefiting from improving semiconductor demand and short chip supply,” Cheng said. “We expect to see good growth momentum for our two major products — memorychip packaging and testing services, and display drive ICs.” Gross margin would rise from 21.9 percent last year, he said. ChipMOS’s optimism