TSMC, UMC sales are falling

June 12, 2017 // By Peter Clarke
Both leading foundry TSMC and its geographic rival UMC recorded sales for May that had declined compared with the same month year before.

In TSMC's case it was the second consecutive month where sales had declined on an annual basis indicating a potentially weak second quarter. TSMC has already forecast an 8.3 percent sequential decline for sales in 2Q17.

TSMC's net revenues for May 2017 were NT$72.80 billion (about $2.145 billion), an increase of 28.0 percent from April 2017 and a decrease of 1.1 percent from May 2016. Revenues for January through May 2017 totaled NT$363.58 billion (about $12.06 billion), an increase of 5.7 percent compared to the same period in 2016.

UMC's net revenues for May 2017 were NT$12.51 billion (about $415 million), a decrease of 1.52 percent from May 2016. UMC's year-to-date sales figure is NT$61.86 billion (about $2.05 billion), up 6.9 percent on the first five months of 2016. UMC has predicted that is wafer sales will remain flat sequentially in 2Q17.

Related links and articles:

www.tsmc.com

www.umc.com

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