09 September 2011 TSMC Q3 lifted by ‘rush orders’ Taiwan's TSMC has announced better than expected Q3 results on the back of some 'rush orders', according to cfo Lora Ho. The world's largest chipmaker reported net sales of approximately NT$37billion, up 6.1% over July 2011 and up 1.5% year on year. Revenues for January through August 2011 totalled NT$282.35billion, an increase of 7.2% compared to the same period in 2010. "In August, we completed some rush orders for customers, therefore, TSMC's third quarter revenue is likely to exceed the guidance given on July 28, 2011," noted Ho. "However, given the increased uncertainty in the global economy, TSMC does not expect that these short term rush orders will continue into the fourth quarter." Author Laura Hopperton Comment on this article Websites http://www.tsmc.com/ Companies TSMC This material is protected by Findlay Media copyright See Terms and Conditions. One-off usage is permitted but bulk copying is not. For multiple copies contact the sales team. Enjoy this story? People who read this article also read... Claire Jeffreys, NEW Claire Jeffreys, events director, National Electronics Week, ... Read Article Arrow buys Nu Horizons Arrow is buying Nu Horizons in an all cash deal which values the ... Read Article Southern Manufacturing This year, Southern Manufacturing and Electronics is set to be ... Read Article NIDays 2013 NIDays is a technical conference designed specifically for ... Read Article What you think about this article: Add your comments Name Email Comments Your comments/feedback may be edited prior to publishing. Not all entries will be published. Please view our Terms and Conditions before leaving a comment.