TSMC’s sales growth slows as UMC’s sales decline
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:
www.umc.com
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