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
- GUC Announces Successful Launch of Industry's First 32G UCIe Silicon on TSMC 3nm and CoWoS Technology
Breaking News
- JEDEC® and Industry Leaders Collaborate to Release JESD270-4 HBM4 Standard: Advancing Bandwidth, Efficiency, and Capacity for AI and HPC
- BrainChip Gives the Edge to Search and Rescue Operations
- ASML targeted in latest round of US tariffs
- Andes Technology Celebrates 20 Years with New Logo and Headquarters Expansion
- Creonic Unveils Bold Rebrand to Drive Innovation in Communication Technologies
Most Popular
- Cadence to Acquire Arm Artisan Foundation IP Business
- AMD Achieves First TSMC N2 Product Silicon Milestone
- Why Do Hyperscalers Design Their Own CPUs?
- Siemens to accelerate customer time to market with advanced silicon IP through new Alphawave Semi partnership
- New TSN-MACsec IP core for secure data transmission in 5G/6G communication networks
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |