ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

TSMC and MediaTek fuel rebound by Taiwan's tech sector

Chipmakers drive July sales growth in leading indicator of global IT industry

Orders received by TSMC are at a record high. (Photo courtesy of the company)

TAIPEI -- Combined revenue at 19 major Taiwanese information technology companies rose 9.4% on the year in July, increasing for a fifth straight month in a pandemic-altered world.

Chip companies are performing particularly well. Taiwan Semiconductor Manufacturing Co., the world's top contract chipmaker, reported a 25% jump in revenue, while mobile chip company MediaTek surged 29%. United Microelectronics Corp., the world's fourth-largest contract chipmaker, saw a 13% rise.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more