Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics (UMC) have reported sequential decreases in November consolidated revenues of 3.1% and 8.1%, respectively, while revenues at Vanguard International Semiconductor (VIS) increased 2.4% on month.

TSMC posted consolidated revenues for November 2018 grew 5.6% from a year earlier to NT$98.39 billion (US$3.19 billion). Consolidated sales for the first 11 months of 2018 totaled NT$941.64 billion, rising 6.1% on year.

TSMC estimated previously fourth-quarter revenues at between US$9.35 billion and US$9.45 billion, representing a 10-11% sequential increase. Market watchers expect the pure-play foundry to meet its sales guidance for the quarter. Revenues for December are set to register another sequential fall to reflect a slowdown in shipments to a major smartphone client, according to the watchers.

Fellow company UMC announced consolidated revenues of NT$11.55 billion for November 2018, down 4.9% from a year ago. The foundry's cumulative 2018 revenues through November came to NT$139.87 billion, up 0.9% on year.

UMC expects its wafer shipments and ASPs to each fall 4-5% sequentially in the fourth quarter, due mainly to continued weakness in chip demand for entry-level and mid-range smartphones.

Specialty IC foundry Vanguard International Semiconductor (VIS) reported consolidated revenues for November 2018 surged 25.1% from a year earlier to NT$2.59 billion.

VIS estimated previously fourth-quarter revenues at NT$7.6-8 billion compared with NT$7.75 billion in the prior quarter. The foundry operates 8-inch wafer fabs specializing in the manufacture of LCD driver ICs and power management chips, as well as other analog/mixed-signal ICs such as fingerprint sensors.

By: DocMemory
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