Second-quarter 2020 revenues for TSMC, UMC, VIS (Vanguard International Semiconductor) and other Taiwan-based wafer foundry service providers registered overall growth of 1.3% sequentially and 33.1% on year, according to Digitimes Research.
The growth was mainly driven by the IC supply chain increasing inventory bracing for the coronavirus pandemic and meeting strong demand supporting remote working and learning.
The foiundry houses' overall sales for third-quarter 2020 will rise 7.9% sequentially and 20.9% on year, Digitimes Research estimates.
Demand for ICs used in 5G smartphones, 5G infrastructure and high-performance computing equipment in 2020 has been strong, and the foundries' overall revenues for the year will grow 23.3% to US$49.80 billion.