LONDON Ė Consolidated net sales at foundry Semiconductor Manufacturing Co. Ltd. (Hsinchu, Taiwan) in March were NT$44.13 billion (about $1.47 billion), an increase of 18.9 percent over March 2012.
First quarter revenues totaled NT$132.76 billion (about $4.43 billion), an increase of 25.7 percent compared to the same period in 2012. At the announcement of the company's 4Q12 financial results TSMC said they expected 1Q13 revenue of between NT$127 billion and NT$129 billion.
Rival foundry United Microelectronics Corp. (UMC) reported March sales of NT$9.60 billion (about $320 million), up 6.9 percent on March 2012. UMC (Hsinchu, Taiwan) first quarter sales of NT$27.78 billion (about $930 million) were up 5.8 percent on the same period a year before.
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