TSMC July 2011 Sales Report

[Daniel Nenni]

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| align="left" valign="top" style="padding: 15px 0px 0px 0px" | TSMC July 2011 Sales Report
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| align="left" valign="top" style="padding: 12px 0px 12px 0px" | Issued by: TSMC
Issued on: 2011/08/10
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| align="left" valign="top" | Hsinchu, Taiwan, R.O.C. – August 10, 2011 - TSMC (TWSE: 2330, NYSE: TSM) today announced its net sales for July 2011: On an unconsolidated basis, net sales were approximately NT$34.92 billion, a decrease of 2.1 percent over June 2011 and a decrease of 3.4 percent over July 2010. Revenues for January through July 2011 totaled NT$245.31 billion, an increase of 8.1 percent compared to the same period in 2010. On a consolidated basis, net sales for July 2011 were approximately NT$ 35.43 billion, a decrease of 3.4 percent over June 2011 and a decrease of 4.8 percent over July 2010. Consolidated revenues for January through July 2011 totaled NT$251.32 billion, an increase of 7.2 percent compared to the same period in 2010.

Beginning in July 2011, the revenues of Global Unichip Corp. (GUC) are no longer included in TSMC's consolidated revenues. This reduced TSMC July revenues by NT$149 million, with an 0.4 percentage point impact when compared with June and year-ago revenues. In other words, If GUC continued to be included in consolidated reveneues, TSMC's July consolidated revenues would have declined 3% from June 2011 and 4.4% from the year-ago period. TSMC Sales Report (Unconsolidated):

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[Eric Esteve]

Just a remark, as we probably don't have the exchange rate NT$/US$ in mind (even if we can find it) maybe it would be useful to post TSMC results directly in US$?

Another point about GUC: during the last 5 years, the company revenues have sky rocketed! From a few $ million revenues, 10 years ago (before TSMC took a share), they have probably x100

 

[Daniel Nenni]

Here are the key points:

TSMC posted its first annual decline in sales in 22 months.

UMC is going the same way. Revenue declined 11-13% in the third quarter from the previous quarter, the biggest drop in 10 years.

SMIC just reported a 5.9% decline in revenue.


It could be a long cold Winter!

D.A.N.