TSMC sales soar 44 percent in April

TSMC sales soar 44 percent in April
Business news |
April 2018 revenue at leading foundry TSMC (Hsinchu, Taiwan) were up 44.0 percent compared with April 2017 sending the company into strong positive territory for the year-to-date sales.
By Peter Clarke


Revenues were approximately NT$81.87 billion (about $2.75 billion), a decrease of 21.0 percent from March 2018 and an increase of 44.0 percent from April 2017. Revenues for January through April 2018 totalled NT$329.95 billion (about $11.1 billion), an increase of 13.5 percent compared to the first four months in 2017.

No reasons were given by TSMC for the strong growth although it has previously spoken about the strength of cryptocurrency mining IC demand at the leading edge of manufacturing capability (see Cryptocurrency mining IC startup now a TSMC top-ten customer?).

Foundry United Microelectronics Corp. (Hsinchu, Taiwan) also enjoyed growth in April with sales revenue at NT$12.41 billion (about $416 million), up 4.1 percent from the April 2017. UMC’s year-to-date sales stand at NT$49.91 billion (about $1.67 billion), up 1.1 percent on the first four months of 2017.

Related links and articles:



News articles:

TSMC sales play catch-up in March

Cryptocurrency mining IC startup now a TSMC top-ten customer?

TSMC sales plunged in February

TSMC’s sales show modest growth in January

Linked Articles
eeNews Analog