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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
08/25/201506:13:52Report of Foreign Issuer (6-k)
08/25/201506:09:25Report of Foreign Issuer (6-k)
08/14/201506:09:25Report of Foreign Issuer (6-k)
08/11/201507:35:54Report of Foreign Issuer (6-k)
08/10/201508:20:02Report of Foreign Issuer (6-k)
08/03/201509:00:00Semiconductor - Integrated Circuits Equities Technical Coverage...
07/27/201507:39:02Report of Foreign Issuer (6-k)
07/17/201513:05:02Intel Corp. Finally Comes Clean on 10-Nanometer Manufacturing...
07/17/201506:27:32Report of Foreign Issuer (6-k)
07/16/201518:01:37ADRs End Higher; National Bank of Greece Declines
07/16/201512:10:09Taiwan Semiconductor Manufacturing Earnings Growth Slows
07/16/201507:37:54Report of Foreign Issuer (6-k)
07/13/201512:00:06Should Intel Corp. Investors Worry About IBM’s Big Announcement?
07/10/201508:14:27Report of Foreign Issuer (6-k)
06/25/201506:18:51Report of Foreign Issuer (6-k)
06/23/201510:44:44Intel Corporation Details 14-Nanometer System-on-Chip Process...
06/22/201513:00:06How Can TSMC Overcome a Smartphone Slowdown?
06/17/201512:45:03What Happens to Old Intel Corporation Manufacturing Technologies?
06/10/201513:00:03The Truth Comes Out: Intel Corporation's 10-Nanometer Node Is...
06/10/201508:46:23Report of Foreign Issuer (6-k)

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