Strong December Pushes TSMC's 2003 Sales up 25%
Silicon Strategies
01/08/2004, 7:32 AM ET
HSINCHU, Taiwan -- Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) said Thursday (January 8, 2004) that its net sales in December 2003 totaled NT$18,965 million (about US$562 million), an increase of 2.5 percent from November 2003 and an increase of 67.2 percent on December 2002.
As a result of the strong December the company's fourth quarter 2003 sales were a record as were the full-year sales of NT$201.9 billion (about US$5.98 billion), up 25.4 percent over 2002, the company said.
TSMC's fourth quarter 2003 sales grew 5.3 percent sequentially to NT$57,780 million (about US$1,712 million) and on a year-over-year basis fourth quarter 2003 sales increased 40.4 percent, according to the silicon foundry giant, based in Hsinchu.
"In line with our statements in mid-December, 2003, TSMC's fourth quarter 2003 sales result, which hit a quarterly record high, was better than the guidance we advised in our third quarter 2003 investor conference on October, 28, 2003," said Lora Ho, TSMC's chief financial officer, in a statement. |
