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Based on comments made by the management of Nvidia Corp. and Qualcomm Corp. – two of the world’s largest fabless semiconductor designers – Taiwan Semiconductor Manufacturing Co. has dramatically improved its production output when it comes to 28nm process technology.

Taiwan Semiconductor Manufacturing Co. recently released its financial results for the third quarter of 2012, which ended September 30, 2012. The company posted a healthy 10.4% sequential increase of revenue, but more importantly, it managed to boost output of chips produced using 28nm process technology by whopping 105% quarter-over-quarter. TSMC vowed to continue boosting 28nm output.

“28nm yield and 28nm supply situation have both improved substantially. And so we feel pretty good about the balance of supply and demand at the moment,” said Jen Hsun-Huang, chief executive officer of Nvidia.

Qualcomm seems to be satisfied with TSMC’s output, but clearly points to progression that could have been made.

“We are above the high end of our previous revenue and earnings guidance as demand in 28nm supply improved as the quarter progressed. This gives us a strong base to build off of. We are looking forward to next year, we expect double-digit revenue and non-GAAP earnings growth again in fiscal 2013, said Paul Jacobs, chairman and chief executive officer at Qualcomm.

For the third quarter of fiscal 2013 (ended October 28, 2012) Nvidia earned record revenue of $1.20 billion, up 15.3% from the previous quarter and up 12.9% from a year earlier. The company’s GAAP net income was $209.1 million, whereas gross margins were record 52.9%.

Qualcomm’s results with reported in accordance with generally accepted accounting principles. Include revenues of $4.87 billion, up 18% year-over-year (y-o-y) and 5% sequentially. Qualcomm’s operating income was $1.24 billion, even y-o-y and down 11% sequentially. The net income was $1.27 billion, up 20% annually and 5% sequentially.

Tags: Nvidia, Qualcomm, Snapdragon, Tegra, Gobi, Geforce, Kepler, Business, Tesla, Quadro

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Comments currently: 1
Discussion started: 11/12/12 09:24:59 AM
Latest comment: 11/12/12 09:24:59 AM

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They are glad of the extra money they are making with their products on 28nm that's all.
0 0 [Posted by: j7  | Date: 11/12/12 09:24:59 AM]
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