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TSMC revenues slide to US$1.5 billion


Wednesday, December 11, 2013 Taiwan Semiconductor Manufacturing Company (TSMC) has reported consolidated revenues of NT$44.33 billion (US$1.5 billion) for November 2013, down 14.4% sequentially and hitting the second lowest monthly level so far this year. TSMC's cumulative 2013 consolidated sales through November amounted to NT$547.34 billion, rising 16.6% from the same period of 2012. Based on the sales guidance given by TSMC previously, the foundry's sales for December will have to register growth of at least 8% sequentially. TSMC estimated its fourth-quarter sales would be between NT$144 billion and NT$147 billion, a 9.6-11.4% decrease from a record high hit in the third quarter. Fellow firm United Microelectronics (UMC) has announced November consolidated sales slipped 1.2% on month to NT$10.345 billion. Compared to a year ago, UMC's consolidated sales for November 2013 represent a 2.5% increase. Accumulative 2013 sales through November were NT$113.91 billion, up 6.5% from a year earlier.

By: DocMemory
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