Taiwan Semiconductor Manufacturing Company (TSMC) has posted consolidated revenues of NT$ 35.37 billion (US$1.23 billion) for January 2011, up 1.4% on month and 17.4% on year.
Fellow pure-play foundry company United Microelectronics Corporation (UMC), however, saw January sales drop 6.4% sequentially to NT$9.53 billion. Compared with the NT$8.6 billion posted in January 2010, revenues were up 10.75%.
TSMC has estimated consolidated revenues for the first quarter at NT$105-107 billion, down 3-5% sequentially but up from the NT$92.19 billion posted in the same quarter of 2010. Demand from communication-related applications will be stronger than that from other sectors in the first quarter, TSMC said.
TSMC's consolidated revenues for 2010 hit an all-time high of NT$419.54 billion. The company aims for over 20% sales growth in 2011.
UMC expects wafer shipments to slip by a low single-digit percentage rate sequentially in the first quarter, with a low-to-mid single digit percentage drop in ASPs. Market sources predict UMC's first-quarter revenues will likely decrease 12-14%, while taking into account changes in currency exchange rates.
UMC also enjoyed record revenues in 2010. The company has not provided its 2011 revenue forecast.
