Demand for 7nm ICs boosts TSMC in October, UMC flops

November 21, 2018 //By Peter Clarke
Demand for 7nm ICs boosts TSMC in October, UMC flops
October 2018 sales revenue at foundry TSMC (Hsinchu, Taiwan) was up 7.4 percent from October 2017 while sales at Taiwan's other foundry, United Microelectronics Corp. (Hsinchu, Taiwan), showed the contrary trend.

TSMCs year-on-year growth rate increased from September's. At the time the company reported its third quarter results Lora Ho, CFO at TSMC, said: "Moving into fourth quarter 2018, we anticipate our business will continue to benefit from the strong demand for our 7-nanometer technology."

Elsewhere in the semiconductor business companies are starting to see a softer fourth quarter and predicting an overall slow-down in 2019 partly due to falling selling prices for DRAM and NAND flash components.

TSMC's revenues for October 2018 were approximately NT101.55 billion (about US$3.3 billion) up 7.0 percent from September sales. Revenues for the first ten months of the year totalled NT$843.254 billion (about US$27.4 billion), an increase of 6.2 percent compared to the same period in 2017.

October sales at UMC's sales fell 8.9 percent compared with the same month a year before. Sales in October were NT$12.58 billion (about US$410 million). UMC's year-to-date sales stood at NT$128.31 billion (about US$4.17 billion) up 1.5 percent on the same period in 2017.

Related links and articles:

News articles:

TSMC sales pick up in September

TSMC's sales year awaits smartphone boost

TSMC's June sales disappoint

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