TSMC maintains sales leap, heads for growth year
In the year to-date TSMC has achieved greater chip sales than in the same period of 2018.
Three months of annual growth followed five months of annual sales contraction at TSMC and the company appears to be leading a turn in the market with its much smaller Taiwanese rival United Microelectronics Corp. posting annual growth for the first time in 2019, in August
August sales at TSMC were NT$110.17 billion (about US$3.40 billion) up 16.5 percent from the same month a year before and up 25.2 percent from July. TSMC’s revenue for first eight months of the year was NT$650.58 billion (about US$20.85 billion), up 0.6 percent on the same period in 2018.
TSMC provided no comment but appears to be outperforming both the general semiconductor market and the foundry market. Returning weakness in memory pricing is a major factor in the overall semiconductor market. The market-leading nature of TSMC’s 7nm manufacturing process is undoubtedly a factor in the foundry space. TSMC’s only competition at the leading-edge now comes from Samsung. Samsung does not break out the sales results for its foundry business and much of the process manufacturing capacity is captive.
August sales at foundry UMC were flat compared with July but marginally up compared with August 2018. UMC’s first month of annual sales growth in 2019 was worth NT$13.18 billion (about US$422.5 million) up 0.02 percent on an annual basis. UMC’s revenues for the first eight months of 2019 total NT$95.53 billion (about US$3.06 billion), down 8.0 percent compared with the same period in 2018.
For the UMC the signs are hopeful that it can follow the upward sales direction TSMC is taking.
Related links and articles:
News articles:
TSMC achieved massive sales turnaround in June
GloFo takes TSMC to court over process patents
Foundries’ sales slump abates in April
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