TSMC almost back at 2008 levels

Posted on Monday, Aug 10 2009 @ 20:12 CEST by Thomas De Maesschalck
DigiTimes reports Taiwanese foundries TSMC and UMC saw their sales recover in July. TSMC's sales grew 17.5 percent sequentially to NT$30.28 billion, narrowing the gap with last year's revenue to only 1.9 percent. UMC saw its sales rise by 7 percent to NT$8.81 billion, which is 3.2 percent more than in the same period a year ago.
Taiwan Semiconductor Manufacturing Company (TSMC) saw its on-year revenue drop narrow to 1.9% in July 2009, whereas United Microelectronics Corporation (UMC) enjoyed a 3.2% growth. Their monthly revenues have been rising since March.

TSMC has announced net sales for July grew 17.5% sequentially to NT$30.28 billion (US$922.6 million), but declined from NT$30.87 billion a year ago.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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