LONDON – Sales at foundry wafer processor Taiwan Semiconductor Manufacturing Co. Ltd. were approximately NT$34.05 billion (about $1.15 billion), an increase of 11.4 percent over December 2011 and a decrease of 1.1 percent over January 2011.
On a consolidated basis, net sales for January 2012 were approximately NT$34.57 billion (about $1.17 billion), an increase of 10.6 percent over December 2011 and a decrease of 2.3 percent over January 2011.
For December 2011 TSMC's sales were about 10 percent lower than in December 2010. TSMC's 4Q11 sales were 3 percent lower than those for 4Q10.
The reduced annual percentage fall in the latest monthly sales suggests that a market correction may have bottomed out and that TSMC (Hsinchu, Taiwan) will return to annual percentage growth month by month and quarter by quarter.