Featured Articles

Hands on: Nvidia Shield Tablet with Android 5.0

Hands on: Nvidia Shield Tablet with Android 5.0

We broke the news of Nvidia's ambitious gaming tablet plans back in May and now the Shield tablet got a bit…

More...
Nokia N1 Android tablet ships in Q1 2015

Nokia N1 Android tablet ships in Q1 2015

Nokia has announced its first Android tablet and when we say Nokia, we don’t mean Microsoft. The Nokia N1 was designed…

More...
Marvell launches octa-core 64-bit PXA1936

Marvell launches octa-core 64-bit PXA1936

Marvell is better known for its storage controllers, but the company doesn’t want to give up on the smartphone and…

More...
TSMC 16nm FinFET Plus in risk production

TSMC 16nm FinFET Plus in risk production

TSMC’s next generation 16nm process has reached an important milestone – 16nm FinFET Plus (16FF+) is now in risk production.

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 10 August 2011 09:49

TSMC posts decline in sales

Written by Nick Farell


First in 22 months
The world's top contract chipmaker TSMC posted its first annual decline in sales in 22 months. TSMC saw July sales decline on a monthly basis for the fourth consecutive month, signalling a difficult start to the third quarter. TSMC said on Wednesday that sales in July fell 3.4 percent from a year earlier, the first annual decline since September 2009.

The industry appears to being hit by economic uncertainties and customer inventory adjustment. It is also seeing the cost of Labour in China increasing. The outfit said has trimmed its full-year capital spending outlook by 5 percent and reported second-quarter earnings below forecast.

TSMC chairman Morris Chang has revised down his forecast on the growth of the semiconductor industry excluding memory to 4 percent from 7 percent in the beginning of this year, and the foundry industry to 7 percent from 15 percent.

It can be re-assured that, while it is having problems, its rival UMC is going the same way.  The outfit said last week it expected revenue to decline by 11-13 percent in the third quarter from the previous quarter, the biggest drop in 10 years for what is traditionally the high season.

Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments