ChipMOS February Sales Fall 16 Percent

Taiwanese microchip testing and assembly company ChipMOS Technologies (Bermuda) Ltd. said Monday its February sales fell 16 percent.

Revenue dropped to $47.9 million from $57 million in February 2007.

Shares fell 10 cents, or 3.3 percent, to $2.86 in morning trading. They earlier dropped to a year low of $2.85 after trading in the past 12 months between $2.86 and $7.59.