Global Sources
EE Times-India
Stay in touch with EE Times India
 
EE Times-India > Manufacturing/Packaging
 
 
Manufacturing/Packaging  

CSMC foundry sales fall by 2.2% in 2005

Posted: 20 Mar 2006     Print Version  Bookmark and Share

Keywords:Peter Clarke  CSMC Technologies 

Chinese silicon foundry CSMC Technologies Corp. saw its annual sales decline by 2.2 per cent to Rs.345.59 crore ($78.10 million) in 2005, with an annual net loss of Rs.30.27 crore ($6.84 million). Earnings before tax, depreciation and amortization dropped by 37.2 per cent with Rs.76.11 crore ($17.2 million) in 2005 from Rs.121.69 crore ($27.5 million) 2004, the company said.

The volume of wafers sold in 2005 increased by 1.6 per cent to 439,500, up from 433,000 in 2004. However, a downturn in the global semiconductor market resulted in a fall in average selling price per wafer by 5.1 per cent to Rs.7,434 ($168) in 2005, CSMC said. The dip in market demand during the first half of 2005 led to a decline in the group's average manufacturing capacity utilisation from 87 per cent in 2004 to 63 per cent over all of 2005.

"Although 2005 was a difficult year as semiconductor markets worldwide steered through the down cycle, we were encouraged by the improving semiconductor business since the second half of 2005. The performance of the second half of 2005 was better than that of the first half of 2005," said Peter Chen Cheng-yu, chairman of CSMC group, in a statement.

"The market conditions will further improve in 2006, with the number of fabless design houses in China expected to grow and IDMs orders to rebound as the market returns to its growth track. Moreover, we believe there is a growing trend for IDMs and overseas customers to close their internal production facilities and outsource their production sites to China to reduce costs and be closer to a low-cost IC supply chain," added Chen.

The total customer count increased from 194 in 2004 to 263 in 2005, with the number of integrated device manufacturers rising to eight. CSMC also claimed to support six of China's top ten large design houses. The Group focused on supporting applications of power management integrated circuits and power discrete in personal computer, mobile phone, electric transportation and medical devices by ramping-up processes for 0.6µm and 0.5µm mixed-signal and DMOS power devices.

In May 2005 CMSC was reportedly looking for Rs.1,770 crore ($400 million) with which to build its first wafer fab for 200mm diameter wafers. CSMC the company makes chips for mostly low-end products, such as TVs and refrigerators, in two fabs running 5 and 6-inch diameter wafers.

- Peter Clarke
EE Times




Comment on "CSMC foundry sales fall by 2.2% in 2..."
Comments:  
*  You can enter [0] more charecters.
*Verify code:
 
 
Webinars

Seminars

Visit Asia Webinars to learn about the latest in technology and get practical design tips.

 

Go to top             Connect on Facebook      Follow us on Twitter      Follow us on Orkut

 
Back to Top