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Posted on Monday, March 11 2019 @ 11:04 CET by Thomas De Maesschalck
DigiTimes
reports TSMC's February sales hit a 22-month low of NT$60.89 billion (US$1.97 billion), a drop of 22 percent versus January. The Taiwanese foundry also revised its first-quarter revenue outlook to US$7-7.1 billion, down from an original estimate of US$7.3-7.4 billion, due to a larger-than-expected hit by
the bad batch of chemicals.
TSMC disclosed its cumulative 2019 revenues through February decreased 3.7% from a year earlier to NT$144.38 billion.