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TSMC November Sale Dipped 9%


Tuesday, December 9, 2003 Taiwan Semiconductor Manufacturing Co said that its net sales totaled US$543.3 million for the month of November, a decrease of 8.8 percent from October 2003 but up 26.9 percent in the like period a year ago.

Revenues for January through November totaled US$5.4 billion, an increase of 22.3 percent over the same period in 2002, according to the silicon foundry giant, based in Hsinchu.

TSMC is projected to cool off, as the company's fabs are mainly front-end loaded, with a greater exposure to the lower-margin PC industry.

TSMC's fourth-quarter sales are still in line with the analyst's estimates of 5 percent growth quarter-over-quarter. The company reported sales of $1.601 billion in Q3.

But the company's average selling prices (ASPs) for wafers are worse-than-expected, due to its exposure to PCs. Its ASPs are expected to fall 4-to-5 percent in Q4, verses its guidance of flat-to-down 5 percent, according to the analyst

By: DocMemory
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