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IHS iSuppli: Chip Foundries 2012 Revenue Expected To Jump 12%

DOW JONES NEWSWIRES Pure-play chip foundry suppliers are expected to see revenue jump 12% this year, driven by strong demand for tablets such as Apple Inc.'s (AAPL) iPad, smartphones and Windows-based laptops called ultrabooks, according to industry research firm IHS iSuppli. Foundry revenue is expected to reach $29.6 billion, with suppliers reporting a steady increase in demand beginning late in the first quarter and expectations demand with peak in the typically strong third quarter. "This year's notable performance is a result of the widespread growth of consumer-related products requiring advanced technology for low-power applications," said Len Jelinek, director and chief analyst of semiconductor manufacturing at IHS. "For such applications, the overall number of semiconductors-or semiconductor content-must grow in order to support the more sophisticated functionalities." The growth is expected to continue in coming years, with 2013 revenue growth estimated at 14%, followed by solid double-digit growth in 2014 and 2015. The projections compare with tepid growth of 3% last year for the sector, following a 45% surged in 2010 as the industry recovered from the recession. According to IHS iSuppli, the top pure-play foundry last year was Taiwan Semiconductor Manufacturing Corp. (TSM, 2330.TW) with revenue of $14 billion. -By Tess Stynes, Dow Jones Newswires; 212-416-2481; Tess.Stynes@dowjones.com

Stock News for Taiwan Semicond (TSM)
DateTimeHeadline
03/26/201521:09:30Portfolio Changes For The First Quarter Of 2015
03/26/201500:48:47Report: TSMC will remain "major" iPhone CPU supplier in 2H15
03/25/201506:09:54Report of Foreign Issuer (6-k)
03/23/201513:20:02The Latest News on Apple Inc.âs A9
03/23/201506:11:53Report of Foreign Issuer (6-k)
03/18/201515:20:02The Gap Between Intel Corporation and Taiwan Semiconductor Mfg...
03/17/201515:20:02New Report Says Taiwan Semiconductor Mfg. Co. Ltd Wins Most of...
03/10/201519:22:19TSMC's sales up 33.8% Y/Y in February
03/10/201507:21:36Report of Foreign Issuer (6-k)
03/03/201509:29:55Report of Foreign Issuer (6-k)
02/26/201505:51:39SanDisk Has Disappointed Twice - Cramer's Lightning Round (2/25/15)
02/25/201506:17:15Report of Foreign Issuer (6-k)
02/23/201509:52:06Intel's Fabs At The Crossroads
02/10/201509:08:48TSMC Proposes Cash Dividend NT$4.5/share for 2014, Company Record-high
02/10/201507:46:14Report of Foreign Issuer (6-k)
02/10/201507:20:56Report of Foreign Issuer (6-k)
02/06/201517:25:54Statement of Ownership (sc 13g)
02/03/201516:31:12ARM Unveils New Processor for Smartphones
02/03/201516:18:36ARM Unveils New Processor for Smartphones -- Update
02/03/201516:07:34ARM Unveils New Processor for Smartphones

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