Taiwan foundries to take Q1 revenue hit

Q1 revenue declines are expected at Taiwan’s three top foundries, TSMC, UMC and Vanguard, reports Digitimes Research.

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The three foundries are forecast to have collective Q1 revenues of $7.24 billion a drop of 2.7% q-o-q and 14.3% y-o-y.

It would be the fifth sequential quarter of declines.

Utilisation rates at TSMC, UMC and VIS will fall to 80.3% in Q1 from 83.5% in Q4.

Combined capacity at the foundries will expand to 7.715 million 8-inch equivalent wafers in the first quarter.

Combined revenues of TSMC, UMC and VIS will come to $32.91 billion in 2016, up 3.2% from $31.88 billion in 2015


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