TSMC's recent purchases of machinery equipment do indicate that the chip industry is recovering. But Chang pointed out that the industry is improving from a rapid fall in the second half of 2008, and many sectors have yet to see their shipments return to the 2008 levels.
TSMC maintains its negative growth prediction of the overall semiconductor market for 2009, said Chang. At the company's last investors conference Chang revised upward the estimate to negative 17%.
TSMC expects full recovery of chip market in 2011
Posted on Monday, October 19 2009 @ 20:42 CEST by Thomas De Maesschalck