comment on this article

TSMC Q3 lifted by ‘rush orders’

TSMC Q2 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 MA Business copyright See Terms and Conditions. One-off usage is permitted but bulk copying is not. For multiple copies contact the sales team.

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

The game of drones?

Advances in power efficient SoCs, improved flight control systems and more ...

In need of new blood

Despite the best efforts of industry, trade associations, skills councils, ...

EEE conference

​The two-day EEE Conference, which is taking place at the Hilton London, ...

Always innovating

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

Acquire and survive?

The dust is beginning to settle following the news that Swiss company Dätwyler ...

Pressing the button

With less than two weeks to go before the EU referendum, the debate remains ...

Interesting times

It has certainly been an interesting year for chip giant Qualcomm. Revenues are ...

Turning on a dime

Scott Rust is an imposing figure – standing at 6’8” to be exact. He heads ...