Headline News | Most Popular | SoC News Alerts | |

TSMC Reports 5% Sequential Increase in Second Quarter Revenue with EPS of NT$0.74

	E-mail Save Print
	Related News
	TSMC Reports 18% Sequential Increase in Third Quarter Revenue with EPS of NT$0.99 TSMC Reports 17% Sequential Increase in Fourth Quarter Revenue with EPS of NT$1.37 TSMC Reports Second Quarter EPS of NT$1.12 TSMC Reports First Quarter EPS of NT$0.73 TSMC Reports Second Quarter EPS of NT$1.32
	Related
	TSMC Latest News
	Breaking News
	Rambus DDR3 Interface Solution Selected by Panasonic Synopsys DesignWare Controller and PHY IP for PCI Express Successfully Pass PCI-SIG 2.0 Compliance Testing Coreworks' announces Stereo and Multi-Channel Configurable Serial Audio Transceivers targeted for next generation broadcasting and digital TV products Faraday Monthly Sales Report -- December 2008 ARC Launches "Sound-to-Silicon" Audio IP Solutions For Portable, DTV, Home Theater, and PC/Laptop Consumer Products
	Most Popular (Updated Daily)
	1 Top 20 predictions for semis in 2009 2 Broadcom Chooses ARM Cortex-R4 Processor For Next-Generation Blu-Ray Players 3 Report: Startups caught in cash squeeze 4 NXP Announces Appointment of Richard L. Clemmer as CEO 5 Ambarella A5 Hybrid Camera Platform Puts High-quality Photos and Video on A Chip See the Top 20 >>

Hsinchu, Taiwan, R.O.C., July 26, 2005 -- TSMC today announced revenue and net income for the quarter ended June 30, 2005. Second quarter revenue reached NT$58.52 billion while net income and fully diluted earnings per share came to NT$18.37 billion and NT$0.74 per share (US$0.12 per ADS unit), respectively.

On a sequential basis, second quarter results represent a 5.1% increase in revenue, a 9.2% increase in net income and fully diluted EPS. Year-over-year comparison shows decreases in revenue, net income, and fully diluted EPS to be 9.8%, 21.5%, and 21.3%, respectively. All figures were prepared in accordance with R.O.C. GAAP on an unconsolidated basis.

The 5.1% increase in second quarter revenue mainly resulted from a 14.5% increase in wafer shipments and a 5.4% decline in average wafer selling price (ASP). Gross margin for the second quarter improved to 39.7% from the previous quarter’s 38.9%, due to higher levels of capacity utilization, but a lower ASP partially reduced the magnitude of the improvement. Revenues from advanced process technologies (0.13-micron and below) accounted for 43% of total wafer sales, compared to 45% previously. Net margin for the quarter improved to 31.4% from 30.2% in the last quarter.

“Due primarily to demand recovery from our customers, our second quarter business had improved better than we guided previously,” said Lora Ho, VP and Chief Financial Officer of TSMC. “We expect the recovery to continue for the coming quarter,” noted Ho,“and based on the current business outlook, management’s expectations for third quarter 2005 performance are the following”:

• Wafer shipments to increase by a mid-teen percentage point sequentially;
• Overall utilization rate to exceed 90%;
• Gross profit margin to be in the range of 41% to 43%;
• ASP to decline by a low to mid single digit percentage point sequentially.

Contact TSMC Fill out this form for contacting a TSMC representative. Your Name: Your E-mail address: Your Company address: Your Phone Number: Write your message:

E-mail This Article

Printer-Friendly Page