comment on this article

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...

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.

Related Articles

Microsemi buys Mingoa

Microsemi has acquired Mingoa, an Irish firm specialising in semiconductor IP ...

BEEAs 2013 round up

The Grand Prix at this year's British Engineering Excellence Awards goes to the ...

Supporting start ups

For 15 years, the Sophia Antipolis Microelectronics Forum (SAME) has encouraged ...

Always innovating

Check out this brief video promo for an all new website that explores TI ...

Rory Read, CEO, AMD

When Rory Read joined AMD in 2011 it was a company in trouble, but he has led ...