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.
Stephen Garrett, a 27-year-old graduate student, always thought he would study in China, but first the country’s restrictive COVID-19 policies made it nearly impossible and now he has other concerns. The cost is one deterrent, but Garrett is more worried about restrictions on academic freedom and the personal risk of being stranded in China. He is not alone. Only about 700 American students are studying at Chinese universities, down from a peak of nearly 25,000 a decade ago, while there are nearly 300,000 Chinese students at US schools. Some young Americans are discouraged from investing their time in China by what they see
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
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New apartments in Taiwan’s major cities are getting smaller, while old apartments are increasingly occupied by older people, many of whom live alone, government data showed. The phenomenon has to do with sharpening unaffordable property prices and an aging population, property brokers said. Apartments with one bedroom that are two years old or older have gained a noticeable presence in the nation’s six special municipalities as well as Hsinchu county and city in the past five years, Evertrust Rehouse Co (永慶房產集團) found, citing data from the government’s real-price transaction platform. In Taipei, apartments with one bedroom accounted for 19 percent of deals last