TSMC has reported a 38% year-on-year increase in sales in May.
The world’s largest chip foundry also said May sales of NT$33.84bn ($1bn) were 3.5% higher than in April 2010.
The trend is for strong sales growth in the global semiconductor market as indicated by the latest figures from World Semiconductor Trade Statistics (WSTS).
TSMC’s revenues of NT$155.7bn ($5bn) for the first five months of the year were 86% up on the same period last year.
The latest forecast from the WSTS suggests that the semiconductor market will hit $291bn this year.
That would represent a year-on-year growth figure of 28.6%.
This is a market which has put the downturn of 2009 behind it.
See: Goodbye to the downturn