14 DAY TRIAL // Like most other companies in the IT industry, Taiwan Semiconductor Manufacturing Company (TSMC) recently reported its July revenues, only it seems to have fared a bit better than some of the players on the motherboard market, having even managed a slight on-month increase and a position that allowed it to set a fairly optimistic view for the ongoing third quarter.
The chip market seems to have had a decent marketing performance during July, and TSMC, as one of the leading manufacturers of such chips, can boast of having raised its revenue by a slight margin during that period, even though it didn't really get close to a record surge.
The foundry's consolidated revenues for July 2010 were of NT$37.22 billion, which is about 19.4% more than last year's same period, as well as 2.4% higher than the figure reached in June.
Mostly, this was possible because the company's July consolidated revenues did, on the other hand, surge by quite a bit, 61.8% to be exact, to NT$234.37 billion, compared to July 2009.
In terms of total revenues, the Taiwanese company generated about 3% more than what it did during the previous month, namely a sum of NT$36.16 billion, and this is the equivalent of US$1.1 billion, not a small amount compared to last year.
In fact, TSMC's July 2009 revenues were 19.4% lower than this year's, and the full January-July 2010 period actually scored a jump of 62.3% on-year (in 2009, sales were of NT$139.84 billion, much less than this year's NT$226.97 billion).
All in all, TSMC seems to have done fairly well for itself, and it even seems quite optimistic about the future, considering that it hopes to score NT$109-111 billion in Q3 (Q2 yielded NT$104.96 billion). At least, this is what the most recent report from Digitimes claims CFO Lora Ho said at a recent investors conference.