TSMC April Revs Skyrocket
Staff Reporter -- EDN, May 10, 2006
Taiwan Semiconductor Manufacturing Co. Ltd. today announced April sales that were essentially flat sequentially, but increased almost 44 percent year-over-year.
The world’s largest pure play foundry reported unconsolidated net sales for April of approximately $866.96 million (27,162 million new Taiwanese dollars), up 43.7 percent from April 2005 sales of approximately $603.35 million (18,903 million NT) and up 0.2 percent from March sales. On a consolidated basis, net sales were approximately $874.12 million (27,388 million NT).
Last month, March sales grew 53.9 percent year-on-year to about $835.35 million (27,107 million) due to an increase of wafer shipments.
Revenues in the January through April timeframe totaled about $3.33 billion (104 billion NT), an increase of 40.1 percent over the same period of 2005.
In late April, TSMC released its Q1 earnings with unconsolidated revenue of about $2.42 billion (77.29 billion new Taiwanese dollars), a year-over-year increase of 38.9 percent and a sequential decrease of 4.8 percent.
Net income for Q1 was about $1.02 billion (32.61 billion NT), or 20 cents (1.32 NT), up 93.9 percent from Q1 2005. Sequentially, net income decreased 3.8 percent.
Both TSMC and its smaller rival, United Microelectronic Corp. saw April sales increase dramatically year-on-year, but remain steady sequentially. No. 2 foundry UMC posted April sales figures of approximately $270 million (8.46 billion new Taiwanese dollars), essentially flat with March but up nearly 33 percent over that of April 2005.
