Wednesday, February 12, 2003
January was good to the foundry business.
Taiwan Semiconductor Manufacturing Co. Ltd. today announced that its sales for the month saw a 15.8 percent sequential increase, which company CFO Harvey Chang attributed to advanced sales for the Chinese New Year.
The results of $378 million (13.1 billion Taiwanese dollars) showed a 9 percent year-over-year growth.
TSMC's chief rival, United Microelectronics Corp., also announced positive results for January on Monday, showing a 35 percent year-over-year growth for sales of $156 million (5.4 billion TWD).
By: DocMemory
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