Foundries’ sales show hard times continuing
Both companies announced April 2016 sales that were significantly smaller than those they achieved in April 2015. This was after both were able to grow sales on an annual basis in March (see Corporate revenue indicators rise in March) TSMC and UMC are bellwethers partly because they are of significant size and publish sales results on a monthly basis.
TSMC’s sales in April 2016 were NT$66.84 billion (about $1.99 billion) down 8.5 percent on April 2015. TSMC’s year-to-date sales for 2016 stand at NT$270.34 (about $8.28 billion), down 9.1 percent on the same period in 2015.
UMC’s sales in April 2016 were NT$10.76 billion (about $330 million), down 17.3 percent from April 2015. UMC’s sales for the first third of the year were NT$45.17 billion (about $1.38 billion), down 10.9 percent on the same period in 2015.
Related links and articles:
News articles:
Corporate revenue indicators rise in March
Japan’s chip market grows as global decline abates
Chip market off to slow start in 2016
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