ChipMOS forecasts 7.5% 2015 sales growth

• The forecast, which comes from chairman S.J. Cheng, is slightly below a 2-analyst consensus of 8.4%, but deemed on par with expected industry growth.
• Cheng also states 4K TV, phone LCD driver IC, and DRAM/NAND flash growth will bolster 2015 demand for ChipMOS' (NASDAQ:IMOS) assembly/test services. The company plans to boost the capacity of its 12" (300mm) wafer bumping ops to 40K-50K wafers/month from a current 33K.
• Shares rose 1.8% in regular trading in spite of market selloff.
• Previously: ChipMOS' December sales up 16.6% Y/Y