Friday, October 07, 2005

Fri - worlds largest contract chip firm posts record sales

TSMC, the world's largest contract maker of microchips, posted record high monthly sales in September, as clients rush to launch products like video mobile phones and games consoles in time for Christmas.

Its main competitor, United Microelectronics, also reported its highest revenues in nine months, after customers digested excess inventories in the first half and began placing new orders.

Hot demand for chips used in consumer-oriented products like third-generation (3G) mobile phones, flat-screen televisions and Microsoft's upcoming Xbox 360 game console has been helping to drive sales in the third quarter.

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