Accelerating annual growth for TSMC.... nice!
TSMC revenues down in May, but 2Q14 performance in line with expectations
Josephine Lien, Taipei; Steve Shen, DIGITIMES [Wednesday 11 June 2014]
www.digitimes.com/news/a20140611PD202.html
Taiwan Semiconductor Manufacturing Company (TSMC) has announced revenues of NT$60.79 billion (US$2.03 billion) for May, a decrease of 1.8% from the previous month but an increase of 17.4% from a year earlier. Accumulated revenues for the January-May period totaled NT$270.89 billion, increasing 15.5% from a year ago.
TSMC's June revenues are expected to drop slightly from May's, but second-quarter revenues will still be able to reach NT$180-183 billion as expected, according to an industry estimate.
A high base posted in April contributed to the slight sequential decline in revenues in May, said industry sources, adding that TSMC's second-quarter performance has been in line with expectations.
Products rolled out by its 28nm process are expected to account for 30% of TSMC's total sales in 2014, while the 20nm process technology is expected to contribute up to 20% to total revenues by year-end 2014, the sources noted.
TSMC: Consolidated revenues, Jan 2014 - May 2014 (NT$m)
| Month
| Sales
| M/M
| Y/Y
| YTD
| Y/Y
| May-14
| 60,789
| (1.8%)
| 17.4%
| 270,892
| 15.5%
| Apr-14
| 61,887
| 23.9%
| 23.6%
| 210,103
| 14.9%
| Mar-14
| 49,956
| 6.7%
| 13.2%
| 148,215
| 11.7%
| Feb-14
| 46,829
| (9%)
| 13.7%
| 98,259
| 10.9%
| Jan-14
| 51,430
| 3.5%
| 8.4%
| 51,430
| 8.4%
|
*Figures are consolidated
Source: TSE, compiled by Digitimes, June 2014 |
