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Report: Taiwan Contract IC Foundries to Reach $3.66B in Q3 (UPDATED in US Dollars) |
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Written by Chelsey Drysdale
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Wednesday, 22 August 2007 |
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TAIWAN – Taiwanese contract IC foundries are expected to produce $3.66 billion worth of product, up 16.9% sequentially, thanks to growing demand, according to the Taiwan Semiconductor Industry Association.
The sector began recovering in the second quarter, with an output of $3.13 billion, up 13.2% sequentially, according to TSIA.
TSIA predicts third-quarter output will increase 5.5% year-over-year. The trend will follow decreases in inventory brought about by growing demand for PCs, cellphones and other consumer electronics, as a result of positive seasonal sales and outsourcing of orders for nanotech products reported by integrated device manufacturers, the report said.
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