Powerchip Semiconductor Manufacturing Corporation's after-tax net profit for the third quarter nearly doubled from the previous quarter, with EPS at TWD 1.38. It has set a target of negotiating a further 10% to 20% increase in mature-node pricing next year, and expects fourth-quarter revenue to grow by double digits quarter on quarter.
Powerchip Semiconductor Manufacturing Corporation (6770.TW), a major semiconductor foundry, held an earnings briefing on the 21st and announced its third-quarter results and outlook. Single-quarter after-tax net profit was TWD 6.5 billion (approximately JPY 32 billion), up 98% from the previous quarter, while earnings per share after tax (EPS) was TWD 1.38 and gross margin rose to 48%.
Third-quarter revenue was TWD 21.3 billion (approximately JPY 100 billion), up 23% from the previous quarter. The utilisation rate surged from 87% to 97%, while ASP rose 24% quarter on quarter. As a result, gross profit increased to TWD 10.2 billion from TWD 4.9 billion in the previous quarter. After-tax net profit also increased from TWD 3.3 billion in the previous quarter to TWD 6.5 billion.
Cumulative revenue through the third quarter was TWD 52.2 billion, gross margin was 31.5%, and after-tax profit was TWD 24.022 billion, marking a return to profitability. The company explained that the results were also affected by trends in its core businesses, including DRAM and NAND, as well as the effect of selling its Tongluo plant in the first quarter.
For the next quarter, fourth-quarter revenue is expected to grow by double digits quarter on quarter, with continued price increases in the memory and logic segments expected to contribute. Foundry pricing for mature processes has already been raised across the board in 2026, and the company plans to raise prices by a further 10% to 20% in 2027.