Pure-play foundry Taiwan Semiconductor Manufacturing Company (TSMC) has announced consolidated revenues of NT$74.37 billion (US$2.41 million) for July 2018, up 5.6% sequentially and 3.9% on year.

TSMC's cumulative 2018 revenues through July increased about 7% from a year earlier to NT$555.73 billion.

TSMC disclosed previously a computer virus stalling part of its production earlier in August would impact up to 2% of its third-quarter 2018 revenues. At its most-recent investors meeting, the company estimated third-quarter revenues at between US$8.45 billion and US$8.55 billion.

TSMC indicated the shipments delayed in the third quarter will be recovered in the fourth quarter, and maintained its forecast of high single-digit revenue growth for all of 2018.

By: DocMemory
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