Foundries’ April sales stay far below last year’s

Foundries’ April sales stay far below last year’s

Business news |
By Peter Clarke

April sales at TSMC were down 14.3 percent year-on-year and for neighbor foundry United Microelectronics Corp. they fell 19 percent amid continued market weakness.

TSMC’s April sales figures are in line with the forecast given alongside company’s 1Q23 financial results when it forecast a weak 2Q23 before a rebound in 2H23.

TSMC (Hsinchu, Taiwan) announced sales of NT$147.90 billion (about US$3.83 billion) for April. This was down 14.3 percent year-on-year. Revenue for January through April 2023 totalled NT$656.53 billion (about US$17.02 billion), a decline of 1.1 percent compared to the first four months of 2022.

UMC was able to post a sequential increase in sales but on an annual basis its April sales were down 19.0 percent.

UMC’s March sales were NT$18.46 billion (about US$478.46 million). UMC’s year-to-date sales were NT$72.67 billion (about US$1.88 billion). This figure is down 15.7 percent on the first four months of 2022.

Related links and articles:

News articles:

TSMC’s March sales drop 15 percent

TSMC continues to defy market, increases sales

TSMC’s sales growth slows as UMC’s sales decline

TSMC sales dip in December

Foundry market set to fall 4% in 2023

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