TSMC, UMC Feb. sales dip from Jan.

Late last month, TSMC’s financial results bested its competition, and predicted the impacts of seasonality to impact Q1 revenues, which it is showing to be true.

By Ann Steffora Mutschler, Senior Editor -- Electronic News, 3/10/2008

Hsinchu, Taiwan-based semiconductor foundry leader Taiwan Semiconductor Manufacturing Co Ltd (TSMC) today reported that net sales for February on an unconsolidated basis were $928.3 million (28.4 billion New Taiwanese dollars), reflecting a decrease of 6.3% from January and a year-over-year increase of 37.9% over February 2007.

TSMC unconsolidated revenues for the first two months of the year totaled $1.9 billion (58.7 billion TWD), which is 41.6% higher than the same period in 2007.

On a consolidated basis, TSMC’s net sales for February were $957.8 million (29.3 billion TWD), a decrease of 5.8% from January and an increase of 39.8% over February 2007. Consolidated revenues for the first two months of the year totaled $2 billion (60.4 billion TWD), up 42.6% compared to the same period in 2007.

Meanwhile, foundry rival United Microelectronics Corp (UMC) reported revenue late last week for February of $238.4 million (7.3 billion TWD), which was less than 1% higher year-over-year from $236.8 million (7.3 billion TWD) in February 2007, but 11.8% sequentially lower than January revenue of $268.7 million (8.2 billion TWD).

UMC revenue for the first two months of the year totaled $507.1 million (15.5 billion TWD), less than 1 percent higher than $506.2 million (15.5 billion TWD) for the same period last year.

Late last month, TSMC’s financial results bested its competition, and predicted the impacts of seasonality to impact Q1 revenues.