United Business Media EE Times


Search

HOMEMARKET INTELLIGENCE UNITFORUMSDESIGNNEW PRODUCTSCAREERSBLOGSCONTACTEVENTSSIGN UP!RSSMost Popular contentTrusted Sources

 

After record quarterly results TSMC sees third quarter growth
Print this article Email this article Reprints RSS Digital Edition

Silicon Strategies


HSINCHU, Taiwan — Foundry chip maker Taiwan Semiconductor Manufacturing Co. Ltd. reported net income of NT$23.41 billion (about $670 million) on record-setting revenue of NT$64.87 billion (about $1.91 billion) in the quarter ended June 30, the company said Thursday (July 29). TSMC forecast sales revenue would increase in the third quarter.

On a sequential basis, the second quarter results represented a 12.8-percent increase in revenue and a 24.6- percent increase in net income. Year-over-year comparison revealed increases in revenue and net income of 30 percent and 100 percent, respectively. Based on the current business outlook, TSMC said it expects single-digit sequential percentage increases in wafer shipments in the third quarter and average selling prices to remain at about the same level sequentially.

It said 2004 capital expenditure was expected to be about $2.4 billion. The overall capacity utilization rate in the third quarter is expected to be slightly down from 106 percent in the second quarter, but still well above 100 percent.

The increase in second quarter revenue resulted from a 9.4 percent increase in wafer shipments, a 3.2 percent increase in wafer average selling price, and a slightly weaker U.S. dollar exchange rate.

"Building upon four consecutive quarters of strong financial performance, TSMC has delivered a record-breaking set of financial results where both top-line and bottom-line figures continue to validate TSMC's strong fundamentals," said Lora Ho, TSMC's chief financial officer.






  Free Subscription to EE Times
First Name Last Name
Company Name Title
Email address
  Click here for your Free Subscription to EETimes Europe
 
CAREER CENTER
Looking for a new job?
SEARCH JOBS
SPONSOR

RECENT JOB POSTINGS
CAREER NEWS
DoD Recognizes University Scientists For Basic Research
Annual awards to university faculty to conduct next-generation research projects were announced this week by the Defense Department.

For more great jobs, career related news, features and services, please visit EETimes' Career Center.



All White Papers »   

  Around Silicon Strategies

10 emerging technologies to watch: EE Times has compiled a list of emerging technologies that we think will be worth watching out for in 2010. Biofeedback or thought-control of electronics are among the contenders. More...

Hot applications in 2010: We've compiled a list of 10 technology applications you should watch for in 2010, ranging from e-book readers to 3-D TVs. We examine the features that make these apps so compelling as well unresolved issues. More...

Top 25 predictions for semis in 2010: 2010 is just beginning to unfold in the electronics industry. Looking into our crystal ball, we have released our own chip forecasts--and other predictions--for 2010. More...

Seven things to fix in 2010: The editors of EE Times came up with their own informal list of things we hope engineers fix in 2010, spanning everything from nano-lithography to space travel. What do you want to see get done this year? More...

'09 moves that are shaping the future: This was a brutal year, but the industry gets a nod for showing grace under fire. Here's our Top 10 guide to the coming year, illustrating what to expect in 2010. More...

10 CEOs out in 2009: It's been a tough year for the global electronics industry and CEOs. We survey the dismissal of 10 industry CEOs during the first three quarters of 2009 and what's ahead for the rest of the year. More...

Notable women in microelectronics: There is no better time than a global economic recession to examine the keys to successful corporate governance. So, EE Times has compiled an international list that celebrates women who are business and technology leaders in semis. More...

EE Times updates Silicon 60: Seventeen companies have been added to the lastest version of our Silicon 60 list of emerging startups. Forty-three companies survived as emerging companies that are still worth watching. More...

 
Education and
Learning


Learn Now:












Home | About | Editorial Calendar | Feedback | Subscriptions | Newsletter | Media Kit | Contact | Reprints|  RSS|   Digital|  Mobile
Network Websites
International
Network Features




All materials on this site Copyright © 2010 TechInsights, a Division of United Business Media LLC All rights reserved.
Privacy Statement | Terms of Service | About