Tuesday, February 11, 2014
Taiwan Semiconductor Manufacturing Company (TSMC) have announced increases in January consolidated revenues from a year ago of 8.4% respectively.
TSMC reported consolidated revenues of NT$51.43 billion (US$1.7 billion) for January 2014, up 3.5% sequentially, while consolidated sales at UMC grew 1.6% on month to NT$10.06 billion.
TSMC expect to see their monthly revenues reach a bottom during January and February. Sales are set to rebound at the end of the first quarter, as TSMC starts ramping up production for 20nm chips.
At its most-recent investors meeting, TSMC projected consolidated revenues would decrease about 6% sequentially in the first quarter of 2014 but rebound significantly in the second quarter. The foundry is also looking to deliver another record year of revenues and profits in 2014.
By: DocMemory
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