Foundries defy chipmarket downturn
Taiwanese foundries TSMC and UMC were able to maintain strong progress year-on-year with September sales while the global chip market is headed towards contraction.
TSMC achieved net revenue for September 2022 of approximately NT$208.25 billion (about US$6.60 billion. This was slightly more than seasonal decline of 4.5 percent from August 2022 but an increase of 36.4 percent from September 2021. For comparison in August the global chip market was up year-on-year by 0.1 percent (see Global chip market flat in August, decline imminent).
TSMC’s revenue for January through September 2022 totalled NT$1,638.36 billion (about US$51.9 billion), an increase of 42.6 percent compared to the same period in 2021.
UMC’s September sales were NT$25.2 billion (about US$799.3 million), down marginally from August sales but up 34.5 percent compared with September 2021. UMC’s year-to-date sales were NT$210.9 billion (about US$6.9 billion) up 37.0 percent year-on-year.
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