Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reported that revenue last month expanded 25 percent annually, but fell 12.8 percent month-on-month to NT$105.96 billion (US$3.59 billion).
In the first seven months of this year, the chipmaker’s revenue surged 33.6 percent to NT$727.26 billion, compared with NT$544.46 billion a year earlier.
TSMC has said it aims to grow its revenue by more than 20 percent this year.
The company has since May 15 stopped taking new orders from Huawei Technologies Co (華為), its second-biggest customer after Apple Inc, due to the US’ restrictions on exports containing US technologies.
TSMC has no plans to ship wafers to Huawei after Sept. 14, as Washington has not made a final decision on the matter yet, it said.
Losing Huawei’s orders seemed not an issue for TSMC as its chief executive officer C.C. Wei (魏哲家) told investors last month that he was not worried about filling its 5-nanometer capacity.
Separately yesterday, United Microelectronics Corp (聯電) said that revenue last month grew 12.87 percent annually and 6.24 percent monthly to NT$15.49 billion, a record high.
Its revenue in the first seven months reached NT$102.15, up 24 percent from a year earlier, it said.
Chip designer MediaTek Inc (聯發科) said that revenue last month jumped 29 percent year-on-year and 5.59 percent month-on-month to NT$20.69 billion.
MediaTek is considered a major beneficiary of the US’ ban on Huawei, as it could win new orders from the Chinese technology giant to supply advanced 5G chips after Huawei runs through stockpiles of Kirin chips designed by its semiconductor arm, Hisilicon Technologies Co (海思).
TSMC’s sole supplier of extreme ultraviolet light pods, Gudeng Precision Industrial Co (家登), reported that revenue last month grew 24.13 percent annually to NT$214.59 million, but dropped 33 percent from the previous month.
During the first seven months, cumulative revenue advanced 16.3 percent to NT$1.44 billion from a year earlier, it said.
Gudeng reported earnings per share of NT$1.66 for last quarter, down from NT$1.75 a year earlier, but up from NT$0.15 in the previous quarter.
The firm said it was positive about its business outlook in the second half, as it has increased capacity to satisfy customers’ demand following a production expansion in Tainan.
Six Taiwanese companies, including contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), made the 2025 Fortune Global 500 list of the world’s largest firms by revenue. In a report published by New York-based Fortune magazine on Tuesday, Hon Hai Precision Industry Co. (better known as Foxconn) ranked highest among Taiwanese firms, placing 28th with revenue of US$213.69 billion. Up 60 spots from last year, TSMC rose 60 places to reach No. 126 with US$90.16 billion in revenue, followed by Quanta Computer Inc. at 348th, Pegatron Corp. at 461st, CPC Corp., Taiwan at 494th and Wistron Corp. at 496th. According to Fortune, the world’s
NEW PRODUCTS: MediaTek plans to roll out new products this quarter, including a flagship mobile phone chip and a GB10 chip that it is codeveloping with Nvidia Corp MediaTek Inc (聯發科) yesterday projected that revenue this quarter would dip by 7 to 13 percent to between NT$130.1 billion and NT$140 billion (US$4.38 billion and US$4.71 billion), compared with NT$150.37 billion last quarter, which it attributed to subdued front-loading demand and unfavorable foreign exchange rates. The Hsinchu-based chip designer said that the forecast factored in the negative effects of an estimated 6 percent appreciation of the New Taiwan dollar against the greenback. “As some demand has been pulled into the first half of the year and resulted in a different quarterly pattern, we expect the third quarter revenue to decline sequentially,”
WEAKER ACTIVITY: The sharpest deterioration was seen in the electronics and optical components sector, with the production index falling 13.2 points to 44.5 Taiwan’s manufacturing sector last month contracted for a second consecutive month, with the purchasing managers’ index (PMI) slipping to 48, reflecting ongoing caution over trade uncertainties, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The decline reflects growing caution among companies amid uncertainty surrounding US tariffs, semiconductor duties and automotive import levies, and it is also likely linked to fading front-loading activity, CIER president Lien Hsien-ming (連賢明) said. “Some clients have started shifting orders to Southeast Asian countries where tariff regimes are already clear,” Lien told a news conference. Firms across the supply chain are also lowering stock levels to mitigate
DIVERSIFYING: Taiwanese investors are reassessing their preference for US dollar assets and moving toward Europe amid a global shift away from the greenback Taiwanese investors are reassessing their long-held preference for US-dollar assets, shifting their bets to Europe in the latest move by global investors away from the greenback. Taiwanese funds holding European assets have seen an influx of investments recently, pushing their combined value to NT$13.7 billion (US$461 million) as of the end of last month, the highest since 2019, according to data compiled by Bloomberg. Over the first half of this year, Taiwanese investors have also poured NT$14.1 billion into Europe-focused funds based overseas, bringing total assets up to NT$134.8 billion, according to data from the Securities Investment Trust and Consulting Association (SITCA),
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