Monday, February 17, 2014
A rebound in Taiwan Semiconductor Manufacturing Company's (TSMC) 28nm process utilization rate and a ramp-up of 20nm production capacity will allow the foundry to post 15-20% sequential growth in revenues for the second quarter of 2014.
TSMC has landed a pull-in of 28nm chip orders from Qualcomm, Broadcom and MediaTek, the report cited unnamed industry sources as saying. To satisfy the rising demand, TSMC plans to expand capacity mainly for 28nm HKMG process technology at Fab 15 by more than 10% from the current 7,000-8,000 wafers per month.
In addition, an upcoming ramp-up of 20nm production capacity will buoy TSMC's sales performance during the second quarter, the report indicated. The foundry is expected to report record consolidated revenues for the quarter.
TSMC chairman Morris Chang remarked at the company's most-recent investors meeting that sales would register a significant increase in the second quarter of 2014, thanks to strong demand for mobile chips and growth in shipments of 28nm and 20nm SoC chips. TSMC guided consolidated revenues for the first quarter of 2014 would drop about 6% sequentially.
TSMC's shares opened at NT$108 (US$3.57) and grew to NT$108.50 on the Taiwan Stock Exchange (TSE) on February 17. Shares already rallied 2.4%, or NT$2.50, to close at NT$107.50 on February 14.
By: DocMemory
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