And don’t forget that in April Intel also stated they though the company had reached the bottom of the slump in sales as well.
Things are looking up! We hope…
Taiwan Semiconductor Manufacturing Company (TSMC) and United Microelectronics Corporation (UMC) continued to see improved monthly performance with narrower revenue drops on year.
TSMC announced net sales for April 2009 at NT$21.75 billion (US$658 million), an increase of 59.7% sequentially. On an annual basis, the company saw a 22.6% decrease last month, compared to a drop of 48.7% on year in March.
TSMC’s sales for January through April 2009 totaled NT$59.34 billion, a decrease of 47.7% compared to the same period of 2008.
On a consolidated basis, TSMC’s net sales for April were NT$22.45 billion, up 58.1% sequentially but down 22.2% on year.
UMC posted unaudited sales of NT$6.88 billion in April, representing an increase of 51.44% sequentially. On an annual basis, the company also saw a narrower drop, with negative growth of 10.29%.
UMC generated accumulated sales of NT$17.72 billion from January through April, down 45.53% from 2008.