Sunday, July 10, 2011

TSMC 2Q11 sales meet guidance

Taiwan Semiconductor Manufacturing Company (TSMC) has reported NT$36.67 billion (US$1.28 billion) in consolidated revenues for June 2011, down 0.1% on month but up 0.9% on year. The foundry's second-quarter consolidated revenues amounted to NT$110.51 billion, which came within the company's guidance range of NT$109-111 billion.

TSMC's cumulative 2011 revenues through June totaled NT$215.89 billion, up 9.5% from a year ago.

Fellow foundry house United Microelectronics Corporation (UMC) collected NT$9.19 billion in revenues in June 2011, down 2.3% on month and 11% on year. Revenues for the second quarter were NT$28.15 billion, representing almost flat growth compared to the NT$28.12 billion posted in the prior quarter.

UMC previously estimated that shipments and ASP for the second quarter would stay flat sequentially. It did not provide guidance for revenues.

TSMC is scheduled to hold its quarterly investors meeting on July 28 followed by UMC's on August 3.

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