February 2025 Review – Semiconductor Foundries and OSATs

Foundry Revenue:

• TSMC: In February, TSMC’s revenue reached US$7.9 billion, marking an 11% decrease compared to January. However, this represents a 43% increase year-over-year. The company’s revenue for the first two months of 2025 is up 39% compared to the corresponding period in 2024.
• UMC: UMC’s February revenue was US$552 million, reflecting an 8% sequential decline but a 4.3% increase year-over-year. The first two months of 2025 show a 4.2% revenue increase compared to the same timeframe last year.
• Vanguard Internal Semi (VIS): This 8″ specialist foundry experienced substantial growth in February, with revenue climbing nearly 17% to US$120 million. Year-over-year revenue increased by 28%, and the first two months of 2025 show a 22% increase compared to the same period in 2024.
• Powerchip (PSMC): PSMC’s February revenue reached US$114 million, a 3% increase compared to January and a 5.6% increase year-over-year. Year-to-date revenue is up 4% compared to last year.

OSAT (Outsourced Semiconductor Assembly and Test) Revenue:

• ASE: ASE reported February revenue of US$835 million, a 2.5% decrease sequentially but a 12% increase year-over-year. The year-to-date revenue is up 9.5% compared to the same period in 2024. ASE also announced a partnership with Ainos to implement AI-powered gas detection systems across its facilities.
• PowerTech (PTI): PTI’s February revenue was US$151 million, down 1.7% sequentially and 15% year-over-year. The year-to-date revenue is down 16%.