TSMC revenue rose slightly by 6% on UMC

Wafer Hutcheon announced the January revenue yesterday. Leading TSMC (2330) was 35.3 billion yuan, a slight increase of 1.4% over December of last year; UMC (2303) monthly revenue continued to fall to 9.5%, monthly decrease. It reached 6.42%, which is the lowest revenue in the past six months.

TSMC’s combined revenue in January reached 35.371 billion yuan, a monthly growth rate of 1.4%, which represented a growth of 17.4% over the same period last year. TSMC’s previous law said that if the demand continues to grow and customers are still “queuing”, the combined revenue in the first quarter will be between 105 billion and 107 billion yuan, a slight decrease of 2.85% from the fourth quarter of last year to 4.67%.

The foundry’s UMC’s UMC’s revenue continued to decline in January, with a single month’s revenue of 9.525 billion yuan, a decrease of 6.42% compared with December of last year, but compared with the same period of last year, it grew by 10.75%.

UMC pointed out that due to seasonal factors in the traditional off-season, the utilization rate of the first quarter was about 90%. Wafer shipments were estimated to be reduced by 1% to 3%. The average sales price of products denominated in dollars will be reduced by the quarter. 5%, if excluding the impact of exchange rates, UMC’s 1Q11 revenue is expected to decrease by approximately 7%.

Recently, due to the impact of the appreciation of the NT, foreign investors started to cut back their shares in wafers. Among them, TSMC has been overselling foreign funds for 6 consecutive days. It sold over 40,633 pieces of paper on a single day yesterday, ranking the second highest foreign investment, and selling over 3 billion yuan.