TSMC's revenues for November 2018 were approximately NT$98.39 billion (about $3.18 billion), a decrease of 3.1 percent from October 2018 and an increase of 5.6 percent from November 2017. Revenues for January through November 2018 totaled NT$941.64 billion (about US$30.5 billion), an increase of 6.1 percent compared to the same period in 2017.
The declining growth towards year end is in line with forecasts that TSMC may be seeing holds on orders for 7nm production due to oversupply of smartphones (see Report: Order downturn to leave TSMC with spare 7nm capacity ).
November sales at UMC fell by 4.9 percent compared with the same month a year before to NT$11.55 billion (about US$374 million). UMC's year-to-date sales stood at NT$ billion (about US$4.53 billion) up 0.9 percent on the same period in 2017.
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