TSMC’s sales growth slows as UMC’s sales decline

TSMC’s sales growth slows as UMC’s sales decline

Market news |
By Peter Clarke

Sales at leading foundry TSMC in January grew year-on-year but at a lower rate than in previous months, while fellow Taiwanese foundry UMC saw its January sales decline both sequentially and year-on-year.

In January TSMC achieved sales of NT$200.05 billion (about US$6.65 billion) up 16.2 percent compared with the same month a year before and up 3.9 percent sequentially. In December 2022 TSMC was running 23.9 percent ahead of year before and in November and October the company reported 50-plus percent annual growth.

UMC’s January sales were NT$19.59 billion (about US$650 million) down 6.5 percent sequentially and down 4.3 percent year-on-year.

The sales could signify that UMC and TSMC are starting to experience a slowdown in demand that has already hit other semiconductor makers. The downturn is expected to bottom out sometime during 2H23.

Related links and articles:

News articles:

TSMC sales dip in December

Foundry market set to fall 4% in 2023

TSMC’s sales growth stays high as UMC’s dips

TSMC’s October sales leap forward

Chip market crash arrives – worse than expected

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


Linked Articles