Good Month for Taiwan Chip Companies

Taiwan’s major chip companies reported strong sales in July, with Mediatek achieving monthly revenue which was the highest in four months.

Taiwan Semiconductor Manufacturing (TSMC) saw sales rise 35% sequentially and 24.7% year on year to NT$80.9 billion ($2.5 billion), bringing sales for the year so far to NT$508.4 billion ($15.8 billion), 28.3% higher than the same period of 2014.

United Microelectronics (UMC) reported a 10.1% YoY increase in sales to NT$12.7 billion ($394.2 million), while for the first seven months of the year, sales climbed 11.7% to NT$88.4 billion ($2.7 billion).

Mediatek‘s monthly sales were the highest in four months, though at NT$17.9 billion ($555.6 million), this was 7.1% down YoY. The company’s cumulative sales for 2015 were down 5.8% at NT$112.5 billion ($3.5 billion).