TSMC's sales falls 18% amid silicon foundry lull
EE Times: Latest News TSMC's sales falls 18% amid silicon foundry lull | |
(03/09/2005 1:59 PM EST) URL: http://www.eetimes.com/showArticle.jhtml?articleID=159400207 | |
SAN JOSE, Calif. — Taiwan Semiconductor Manufacturing Co. Ltd. said that net sales for February totaled NT$17.2 billion ($558 million), an 17.5 percent drop from January and down 6.4 percent from the like period a year ago. Lora Ho, TSMC vice president and chief financial officer, blamed the results on few working days in the month. "Due to fewer working days as well as fewer wafer shipments, net sales for February 2005 decreased by 17.5 percent compared to January 2005. On a year-over-year basis, net sales for February 2005 decreased 6.4 percent," Ho said in a statement. "TSMC's January and February results were exactly in line with our internal estimations. Our first quarter 2005 guidance, which was announced on January 27, remains unchanged," Ho added. Rival silicon foundry provider United Microelectronics Corp. (UMC) posted its weakest monthly sales in two years following a downturn in the IC sector. On Tuesday (March 8), UMC (Hsinchu, Taiwan) said that sales hit NT$6.14 billion ($199 million) in February, down 23.5 percent from the same month last year to its lowest since February 2003. Sales were down 14 percent sequentially, according to UMC. Analysts were pessimistic about the company, the world's second largest foundry, next to Taiwan Semiconductor Manufacturing Co. Ltd. "We see them reaching the bottom, but we don't see a strong recovery, especially in communications," said KGI Securities analyst Tiffany Chen, in a report from Reuters.
| |
All material on this site Copyright © 2005 CMP Media LLC. All rights reserved. Privacy Statement | Your California Privacy Rights | Terms of Service | |
Related News
- Chartered's Q1 sales falls 4% amid falling ASPs
- Top-15 Semiconductor Suppliers' Sales Fall by 18% in 1H19
- TSMC's 20nm, 28nm Technology Accounts for 50% of Sales
- Virage Logic and ATMOS Corporation Launch Joint Sales of Silicon-Proven, Compiled Embedded DRAM in TSMC's Standard Logic Process
- Siemens collaborates with TSMC on design tool certifications for the foundry's newest processes and other enablement milestones
Breaking News
- Arm revenues up 47%; shares fall
- Sondrel awarded new Video Processor ASIC design and supply contract for a leading provider of High-Performance Video systems
- X-Silicon Announces a NEW Low-Power Open-Standard Vulkan-Enabled C-GPUâ„¢ - a RISC-V Vector CPU Infused with GPU ISA and AI/ML acceleration in a Single Processor Core
- Softbank reported to be in talks to buy Graphcore
- VESA Elevates PC and Laptop HDR Display Performance with Updated DisplayHDR Specification
Most Popular
- Synopsys Enters Definitive Agreement to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners
- Fabless semiconductor startup Mindgrove launches India's first indigenously designed commercial high-performance MCU chip
- sureCore announces successful tape-out of cryogenic IP demonstrator
- Siemens delivers end-to-end silicon quality assurance for next-generation IC designs with new Solido IP Validation Suite
- Announcing Availability of Silicon-Proven 12bit 1Msps SAR ADC IP Core for Whitebox Licensing with Royalty Free
E-mail This Article | Printer-Friendly Page |