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TSMC, UMC sales are falling

TSMC, UMC sales are falling

Business news |
By Peter Clarke



In TSMC’s case it was the second consecutive month where sales had declined on an annual basis indicating a potentially weak second quarter. TSMC has already forecast an 8.3 percent sequential decline for sales in 2Q17.

TSMC’s net revenues for May 2017 were NT$72.80 billion (about $2.145 billion), an increase of 28.0 percent from April 2017 and a decrease of 1.1 percent from May 2016. Revenues for January through May 2017 totaled NT$363.58 billion (about $12.06 billion), an increase of 5.7 percent compared to the same period in 2016.

UMC’s net revenues for May 2017 were NT$12.51 billion (about $415 million), a decrease of 1.52 percent from May 2016. UMC’s year-to-date sales figure is NT$61.86 billion (about $2.05 billion), up 6.9 percent on the first five months of 2016. UMC has predicted that is wafer sales will remain flat sequentially in 2Q17.

Related links and articles:

www.tsmc.com

www.umc.com

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