SAN FRANCISCO—Foundry giant Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) said Friday (Oct. 7) that sales declined in September after being lifted by rush orders in August.
TSMC said its consolidated net sales for September amounted to NT$ 33.41 billion (about $1.1 billion), down 11.3 percent from August and down 11.2 percent from September 2010. Consolidated revenues for January through September totaled NT$322.37 billion (about $10.6 billion), an increase of 4.2 percent compared to the same period in 2010, TSMC (Hsinchu, Taiwan) said.
On an unconsolidated basis, excluding joint ventures, TSMC reported September sales of about NT$32.86 billion (about $1.08 billion), down 11.3 percent from August and down 10.3 percent compared to September 2010. TSMC said its unconsolidated revenue through September was up 5 percent compared to the same period of 2010.
Last month, TSMC reported that its sales in August rose on a sequential and annual basis due to an influx of last-minute rush orders that the company said was unlikely to persist into the fourth quarter.
I have heard that booking of electronics goods is not up to the expectation. It apparently will lead likely the decline of production chips, affecting the sales of both TSMC and UMC. However, the news indicate there is a decline 25 years-over-years. What's then the implication?
The year-over-year Sept sales comparison is certainly worrisome but with so much going on in the world economy, I tend to look at this as not-so-bad news! EU is facing tough choices with Greece (soon Spain & Portugal?) which has thrown uncertainties in many businesses either postponing their orders or outright cancelling.
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