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Record sales for Far East chipcos

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Wafer foundries Taiwan Semiconductor Manufacturing and United Microelectronics both reported record sales for October. The two Taiwanese chip companies saw revenues rise to NT$7.212 billion and NT$2.87 billion respectively. UMC added that the figure would hit NT$6.4 billion if the sales of its three subsidiaries – United Semiconductor Corp, United Silicon and Holtek Microelectronics – were included. A representative for Semicon said worldwide demand for chips remained strong, and the company had quickly restored production following the Taiwanese earthquake in September, according to AsiaBizTech newswire. The company shipped 169,000 wafers in October. UMC shipped 162,000 wafers in the month, which it said was largely driven by persistent foreign demand. Taiwan Semicon’s sales for the month showed a rise of 18 per cent from the previous month’s NT$6.1 billion. UMC’s sales were up 29 per cent from September. The companies shipped NT$56.65 billion and NT$23.57 billion respectively for the first 10 months of this year. This was a gain of 32.3 per cent for Taiwan Semicon and 58 per cent for UMC. ®

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