TSMC Reports 3.4% Decline in July 2011 Sales

Taiwan Semiconductor Manufacturing Co. Ltd (TSMC) has announced net sales (unconsolidated basis) of NT$34.92 billion for July 2011, down 2.1 percent over the previous month and a decrease of 3.4 percent from July last year. 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 percent from June 2011 and 4.4 percent from the year-ago period.

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