DigiTimes reports sales of foundries TSMC and UMC are raising again as clients are placing more orders. Preliminary figures indicate sales of TSMC were up 13 percent in March compared to the month before, while UMC saw a growth of 66.7 percent.
Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics Corporation (UMC) are expected to discontinue revenue drops sequentially in March, signaling the pure-play foundry industry is likely to bottom out in the months ahead, according to market watchers.
TSMC's March revenues are estimated to be between NT$12 billion (US$3.5 billion) and NT$13 billion, with a double-digit growth on month, the watchers said. In February, the world's top contract chipmaker posted a revenue slide sequentially for the fourth consecutive month.