11 Feb '12, 10am

Taiwan's two leading chip-makers announce mixed results for Jan: Taiwan's top two contract semiconductor manufac...

Taiwan's two leading chip-makers announce mixed results for Jan: Taiwan's top two contract semiconductor manufac...

Taiwan's top two contract semiconductor manufacturers have reported mixed results for January. Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chip-maker, yesterday posted combined revenue of NT$34.569 billion (S$1.5 billion) last month, a 10.6-per cent increase from December. On a year-on-year basis, the figure was a decline of 2.3 per cent. The monthly sales increase came after a decline for two consecutive months in November and December. In December sales totaled NT$31.242 billion, the lowest in 22 months. As for January, sales increased due to rising orders in the period. The company had forecasted that sales would fall between NT$103 billion and NT$105 billion during the first quarter, about the same as the fourth quarter of 2011. Based on that prediction, TSMC's February and March sales should each average between NT$34.2 billion and NT$3...

Full article: http://www.asiaone.com/Business/News/Story/A1Story2012021...

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