Taiwan Semiconductor Manufacturing Co (TSMC) has reported a net profit decline of 5.5% to NT$10.11bn ($313.4m) in the six months to June despite a strong recovery in the second quarter which saw a 60.3% year-on-year increase to NT$6.02bn ($186.4m) on the back of a 48.5% growth in sales to NT$17.23bn ($533.4m).
TSMC spokesman YC Huang said the world’s top foundry chipmaker and its WaferTech subsidiary turned out a record 422,000 8-inch wafers in the second quarter with both operating at full capacity. He said wafers using 0.25 micron or more advanced technology accounted for 21% of total billing in the second quarter compared to no shipment in the same period of 1998.