Subsidiaries included in the consolidated financial statements:
Percentage of Ownership (%) |
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December 31, | ||||||||||||||||||
Name of investor |
Name of investee |
Main businesses |
Location |
2016 | 2017 | Note | ||||||||||||
The Company |
ChipMOS U.S.A., Inc. (“ChipMOS USA”) | Research, development and marketing of semiconductors, circuits, and electronic related products | San Jose, USA | 100 | 100 | |||||||||||||
The Company |
ChipMOS BVI | Holding company | British Virgin Islands | 100 | 100 | |||||||||||||
ChipMOS BVI |
ChipMOS Shanghai | Semiconductor assembling and testing services | People’s Republic of China (“PRC”) | 100 | — | * |
* | On November 30, 2016, the Company’s Board of Directors approved ChipMOS BVI’s disposal of 54.98% shareholding of its subsidiary, ChipMOS Shanghai. The transaction was completed in March 2017, thereafter, ChipMOS Shanghai was excluded from the consolidated financial statements and recorded as “Investment in associates”. Detailed information is provided in Note 13. |