TSMC logs first 10nm sales

TSMC says it is trailing Samsung by about four months.

Taiwan Semiconductor Manufacturing Co. or TSMC has recognized its first revenue from 10nm products, trailing Samsung, its main rival in the foundry business, by nearly four months.

TSMC said that 10nm accounted for 1 percent of its overall revenue during the second quarter of this year. In March, Samsung announced its first 10nm products, including the company's Exynos 8895 SoC as well as Qualcomm's Snapdragon 835.

TSMC expects to exit a slump that saw its second-quarter sales in dollar terms edge up just 3.2 percent from the same period a year ago. The company, which makes mobile communications products for Apple and MediaTek, said that an inventory correction among fabless customers will probably end during third quarter this year.

"We forecast our third-quarter revenue will grow by 15.7 percent quarter on quarter," said TSMC Co-CEO Mark Liu at an event in Taipei to announce the company's second-quarter results. "This growth is driven by a fast ramp-up of 10nm mobile customer products."

To read the full article, go to EETimes.