TSMC, UMC Feb. sales dip from Jan.
By Ann Steffora Mutschler, Senior Editor -- 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).
Late last month, TSMC’s financial results bested its competition, and predicted the impacts of seasonality to impact Q1 revenues.
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