Taipei, Aug. 11, 2010 (CENS)--With the semiconductor manufacturing industry booming as global economy recovers, Taiwan's United Microelectronic Corp. (UMC), Vanguard International Semiconductor Corp. (VIS) and Taiwan Semiconductor Manufacturing Co. (TSMC) saw their sales revenues hit record highs of NT$10.821 billion, NT$1.592 billion and NT$37.218 billion, respectively, in July, according to company sources.
With production lines fully booked by contract orders throughout the third quarter of this year, UMC is very likely to further drive up its sales record in August. Based on its July revenue, institutional investors project the firm's revenue for the third quarter to further mount by 5-10% to between NT$31.2 billion and NT$32.7 billion from NT$29.75 billion posted in the second quarter.
Besides, the firm is also expected to push up its gross profit rate to 31-33% in the third quarter from 29.6% achieved in the second quarter, as the firm has gradually switched its focus onto more advanced semiconductor fabrication technology and process to secure higher profit margins. Plus, increasing shipment and rising ASP (average selling price) of wafers will also pump solid growth momentum into its sales and profit performance in the quarter, institutional investors indicate.
On the other hand, VIS also reported better-than-expected sales revenue of NT$42.34 billion for the second quarter of this year, up 18% from a quarter earlier, at its investors conference. The firm's July revenue of NT$1.592 billion was 8.2% more than June or 13.21% more than last July.
Although most of its peers of driver IC foundry services, including Novatek Microelectronics and Orise Technology, have turned conservative about sales outlook for the third quarter due to economic and market uncertainties, VIS is expected by institutional investors to enjoy a sales growth of at least 5% in the quarter.
TSMC reported yesterday that its July revenue surged 2.4% from a month earlier to a new single-month high of NT$37.218 billion, and that its aggregate revenue for the first seven months of the year shot up 62.3% from a year earlier to NT$226.967 billion.
The firm also enjoyed shinning profits in the second quarter, with its net profits surging 19.7% from the first quarter to NT$40.282 billion, adding to its aggregate net profits of NT$73.945 billion for the first half of the year.
Despite an inertia being felt in the consumer market for PCs, the firm, with influx of contract orders, stays confident in achieving combined revenue of at least NT$109 billion in the third quarter, which is 3.85% more than the figure posted in the second quarter.
(by Steve Chuang)