Foundries’ sales falls accelerate in June

Foundries’ sales falls accelerate in June

Business news |
By Peter Clarke

June sales at foundry TSMC were down year-on-year by 11.1 percent while for neighbour foundry United Microelectronics Corp. sales were down 23.2 percent.

TSMC’s annual fall was a deterioration from the previous month’s 4.9 percent fall. UMC’s position was only marginally down from 23.1 percent annual sales decline in May.

TSMC (Hsinchu, Taiwan) announced sales of NT$156.4 billion (about US$4.98 billion) for June. This was an 11.4 percent sequential fall. Revenue for January through June 2023 totalled NT$989.5 billion (about US$31.54 billion), a decline of 3.5 percent compared to the first six months of 2022.

UMC’s June sales were NT$19.06 billion (about US$607 million). UMC’s year-to-date sales were NT$91.45 billion (about US$3.52 billion). This figure is down 18.4 percent on the first six months of 2022.

Related links and articles:

News articles:

TSMC’s sales decline is modest in May

Foundries’ April sales stay far below last year’s

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

If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News


Linked Articles