LONDON – Foundry giant Taiwan Semiconductor Manufacturing
Co. Ltd. (TSMC) has reported consolidated net sales for August 2010 of
approximately NT$37.39 billion (about $1.17 billion),
an increase of 0.5 percent over July 2010 and an increase of 25.4 percent over
The monthly sequential growth – almost
none – was low compared with TSMC's typical August-over-July growth over the
last decade. This has averaged 2.35 percent having been as high as 11.2 percent
and as low as a 4.3 percent decline
The below-average figures are in-line
with August sales performance of 0.6 percent sequential growth reported by fellow
foundry United Microelectronics Corp. on Tuesday (Sept. 7) and support a view
that the third quarter may represent a peak in the present cycle. A sequential
quarterly fall in the fourth quarter is quite normal and 2010 is still set to
be bumper recovery year from the low base of 2009.
TSMC's unconsolidated net sales were approximately
NT$36.50 billion (about $1.15 billion), an increase
of 0.9 percent over July 2010 and an increase of 26.3 percent over August 2009.
Unconsolidated revenues for January through August 2010 totaled NT$263.47
billion (about $8.27 billion), an increase of 56.2 percent compared to the same
period in 2009. Consolidated revenues for January through August 2010 totaled
NT$271.76 billion (about $8.53 billion), an increase of 55.5 percent compared
to the same period in 2009.