TSMC sales play catch-up in March

Business news |
By Peter Clarke

With the short month that is February including variable feast that is the Chinese New Year behind it, TSMC achieved net revenues in March 2018 of NT$103.70 billion (about  $3.55 billion). Revenues for January through March 2018 totaled NT$248.08 billion (about $8.49 billion), an increase of 6.1 percent compared to the same period in 2017.

Sales at rival foundry United Microelectronics Corp. (Hsinchu, Taiwan) were NT12.41 billion (about $425 million) in March, down 2.7 percent on the same month in 2017. For 1Q18 UMC’s sales were up by 0.2 percent compared with 1Q17.

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