This is a more modest increase than the barnstorming 40 percent annual jump shown for the month of June, but still represents tremendous strength of demand for TSMC's manufacturing services. TSMC's sales declined sequentially but such declines are not unusual in the first month of a quarter.
Meanwhile July sales at fellow pure-play foundry United Microelectronics Corp. were up sequentially by 6.3 percent as it also enjoys a strong year despite the Covid-19 pandemic.
In July TSMC's sales were NT$105.96 billion (about US$3.59) a decrease of 12.3 percent from June 2020 and an increase of 25.0 percent from July 2019. This brought TSMC's year-to-date sales to NT$727.26 billion (about US$21.07 billion), up 33.6 percent on the first seven months of 2019.
At UMC July sales were NT$15.49 billon (about US$525 million). This was up sequentially by 6.3 percent and up year-on-year by 12.9 percent. UMC's revenue for the year-to-July stands at NT$102.15 billion (about US$3.46 billion), up 24.1 percent compared with the same period in 2019.
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