TSMCs year-on-year growth rate increased from September's. At the time the company reported its third quarter results Lora Ho, CFO at TSMC, said: "Moving into fourth quarter 2018, we anticipate our business will continue to benefit from the strong demand for our 7-nanometer technology."
Elsewhere in the semiconductor business companies are starting to see a softer fourth quarter and predicting an overall slow-down in 2019 partly due to falling selling prices for DRAM and NAND flash components.
TSMC's revenues for October 2018 were approximately NT101.55 billion (about US$3.3 billion) up 7.0 percent from September sales. Revenues for the first ten months of the year totalled NT$843.254 billion (about US$27.4 billion), an increase of 6.2 percent compared to the same period in 2017.
October sales at UMC's sales fell 8.9 percent compared with the same month a year before. Sales in October were NT$12.58 billion (about US$410 million). UMC's year-to-date sales stood at NT$128.31 billion (about US$4.17 billion) up 1.5 percent on the same period in 2017.
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