Foundries' sales show hard times continuing

May 23, 2016 // By Peter Clarke
Taiwanese foundries TSMC and UMC, two partial bellwethers of the semiconductor sector, have both indicate with recent sales figures that a chip market slow down that lasted through the winter is not yet over.

Both companies announced April 2016 sales that were significantly smaller than those they achieved in April 2015. This was after both were able to grow sales on an annual basis in March (see Corporate revenue indicators rise in March ) TSMC and UMC are bellwethers partly because they are of significant size and publish sales results on a monthly basis.

TSMC's sales in April 2016 were NT$66.84 billion (about $1.99 billion) down 8.5 percent on April 2015. TSMC's year-to-date sales for 2016 stand at NT$270.34 (about $8.28 billion), down 9.1 percent on the same period in 2015.

UMC's sales in April 2016 were NT$10.76 billion (about $330 million), down 17.3 percent from April 2015. UMC's sales for the first third of the year were NT$45.17 billion (about $1.38 billion), down 10.9 percent on the same period in 2015.

Related links and articles:

www.tsmc.com

www.umc.com

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