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TSMC beats quarterly sales forecast |
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Written by Peter Scott
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Friday, 10 July 2009 10:23 |
Q2 wasn't all bad
TSMC, Taiwan's premier foundry for hire, says it has seen its biggest
monthly sales in eight months, and that it has surpassed its own Q2
forecast.
Sales in the second quarter jumped 88 percent sequentially, and beat
the company's own forecast made in April. Analysts are now expecting
TSMC to do even better, as it offers more advanced manufacturing
processes to its clients.
In June, TSMC recorded unconsolidated sales of $781 million, a 5
percent increase over May sales, but sales were still 9.6 percent lower
year-on-year.
Analsysts are confident about TSMCs 40nm process, and are dismissing
recent fears that TSMC might delay the migration to the new process.
More here.
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