TSMC January sales dip to 6-month low

Focus Taiwan
Date: 2018/02/09
By: Chang Chien-chung and Frances Huang

Taipei, Feb. 9 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, said its sales for January fell to a six-month low, with market analysts attributing the fall to the slow season effect.

TSMC said in a statement that it posted NT$79.74 billion (US$2.71 billion) in consolidated sales in January, down 11.3 percent from a month earlier, but up 4.1 percent from a year earlier.

The January revenue was the lowest level since July 2017, when sales stood at NT$71.61 billion, according to data compiled by TSMC.

The latest sales data echoes TSMC’s previous estimate that its sales for the first quarter would be affected by the slow season effect, in particular with demand for mobile devices on the decline.    [FULL  STORY]