Foundry sales continue to motor in August

September 10, 2020 // By Peter Clarke
Foundry sales continue to motor in August
Both TSMC and UMC saw substantial year-on-year rises in their August sales revenues as the foundries continue appear to be from from pandemic market effects, for now.

One consideration is that uncertainty across many market sectors due to the expected impact of Covid-19 is a cause for some stockpiling and build-up of inventory which will have to unwind at some point.

The world's leading foundry Taiwan Semiconductor Manufacturing Co. Ltd. (Hsinchu, Taiwan) saw its August sales climb year-on-year by 15.8 percent to NT$116.12 billion (about US$3.96 billion). This was up sequentially 16.0 percent.

August sales at near neighbour United Microelectronics Corp. were NT$14.84 billion (about US$507 million) and increase of 12.6 percent on the same month a year before.

TSMC's sales for the year to date are NT$850.2 billion (about US$29.0 billion) up 30.7 percent on the first two-thirds of 2019.

UMC is also doing well with annual sales-to-date of  NT$117 billion (about $4.0 billion), up 22.5 percent on the equivalent period in 2019.

Related links and articles:

News articles:

TSMC, UMC power ahead of foundry market

Sales boom in June for TSMC

Foundries keep selling strongly in May

Did Covid-19 flatten foundries' growth curves in April?

No signs of Covid-19 in massive March sales at Taiwan's foundries

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