TSMC sales drop in February to 10-month low

Focus Taiwan
Date: 2017/03/10
By: Jackson Chang and Frances Huang

Taipei, March 10 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world’s largest contract chip maker, on Friday reported consolidated sales of NT$71.42 billion (US$2.30 billion) for February, its lowest monthly figure in 10 months.

The company said the NT$71.42 billion represented a 6.8 percent monthly drop but was 19.9 percent higher than a year earlier.

The February figure was the lowest level since April 2016, when TSMC reported sales of NT$66.84 billion, the company’s statistics showed.

In the first two months of this year, TSMC’s consolidated sales totaled NT$148.04 billion, up 13.5 percent from a year earlier, the chip maker said.    [FULL  STORY]

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