Foundry service providers Taiwan Semiconductor Manufacturing Company Ltd. and United Microelectronics Corp. reported strong net sales growth in October, as demand for semiconductor manufacturing remained on the increase.
TSMC Friday (November 7, 2003) said that net sales for October totaled NT$20,304 million (about US$596 million), an increase of 33.3 percent over the same period a year before. and up 7.4 percent from September. It was the third consecutive monthly sales increase, according to the company.
Revenues for January through October 2003 totaled NT$164,429 million (about US$4.83 billion) an increase of 21.8 percent over the same period in 2002. The numbers indicate that TSMC, and the foundry industry in general, is coming out of the most recent downturn far more strongly than semiconductor makers overall.
Meanwhile, UMC said October net sales rose to NT$7,665 million (about US$225 million), up 1.9 percent from September and 27.2 percent from October 2002.
In the first ten months of 2003 UMC achieved net sales of NT$68,808 (about US$2.02 billion), an advance of 23.05 percent over the same period in 2002.