LONDON Foundry giant Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) said its unconsolidated March sales were approximately NT$30.82 billion (about $977 million), an increase of 5.6 percent over February 2010 and an increase of 126.3 percent over March 2009.
Although the March rise was relatively low, strong sales early in the quarter meant that on a consolidated basis revenues for January through March 2010 totaled NT$92.19 billion (about $2.92 billion), an increase of 133.4 percent compared to the same period in 2009. This beat the guidance given with the company's fourth quarter financial results which had a topside figure of NT$91 million.
Consolidated sales from TSMC (Hsinchu, Taiwan) include those of U.S. subsidiary Wafertech.
On a consolidated basis, net sales for March 2010 were approximately NT$ 31.92 billion (about $1.01 billion), an increase of 5.9 percent over February 2010 and an increase of 124.8 percent over March 2009.
The percentage monthly sequential rise is behind that of rival United Microelectronics Corp., which posted a 9.8 percent increase in sales in March. TSMC's progress in March is also slightly behind its own historical average which, over the last ten years has been 7.3 percent for March over February.
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