LONDON — Leading foundry Taiwan Semiconductor Manufacturing Co. Ltd. reported net income of NT$40.28 billion (about $960 million) on consolidated revenue of NT$104.96 billion (about $2.51 billion) for the second quarter ended June 30.
Sales were up sequentially by 13.9 percent and up 41.4 percent year-over-year while net income increased 64.8 percent.
Wafer shipments during the second quarter in all major semiconductor market segments increased from their first quarter levels, the company said. The company sees weakness in the computer market in the third quarter but continued strength of demand for consumer and communications products. The company is predicting relatively modest sequential growth of between 4 and 7 percent to take its sales to between NT$109 billion (about $2.60 billion) and NT$111 billion (about $2.65 billion).
During Q2, process technologies of 0.13-micron and below accounted for 72 percent of wafer revenues. 90-nanometer process technology accounted for 16 percent of wafer revenues, 65-nanometer 27 percent, and 40-nanometer 16 percent of total wafer sales.