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TSMC sees modest growth in Q3 2010

Posted on Friday, July 30 2010 @ 00:50:20 CEST by

TSMC saw its revenue climb 41.4 percent year-over-year in Q2 2010, while net income increased by 64.8 percent. For the current quarter the Taiwanese foundry expects modest growth.
Wafer shipments during the second quarter in all major semiconductor market segments increased from their first quarter levels, the company said. The company sees weakness in the computer market in the third quarter but continued strength of demand for consumer and communications products. The company is predicting relatively modest sequential growth of between 4 and 7 percent to take its sales to between NT$109 billion (about $2.60 billion) and NT$111 billion (about $2.65 billion).
More info at EE Times.



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