EE Times reports TSMC's third quarter revenue rose 24.8 percent year-over-year to a record NT$112.25 billion ($3.65 billion). This quarter's revenue is expected to be a bit lower due to weakened demand for computer and consumer related applications.
In the third quarter, demand for TSMC’s wafers continued to increase, and wafer shipments in all major semiconductor market segments, except computer, increased from their second quarter levels.
The outlook is cloudy. “For the fourth quarter, we expect the demand from communication related applications to continue to grow while computer and consumer related applications will decline,” said Lora Ho, senior vice president and chief financial officer of TSMC, in a statement.