premiere foundry for hire, TSMC has posted its highest
quarterly profit in two years. The company expects 2010 to be a record
year, as the semi market is showing strong signs of recovery and demand
is already picking up.
TSMC reported a net profit of $1.02 billion in Q4 2009, an impressive
260 percent jump year-on-year. Revenue was up 43 percent to just shy of
$3 billion. TSMC Chairman Morris Chang said the results were much
better than expected a year ago and that 2010 is going to be
More importantly, Chang is quite optimistic on the industry outlook in
general. He expects global PC industry revenue to jump 14 percent,
while semiconductor revenue should increase by 18 percent. The foundry,
or chip manufacturing segment should grow by 29 percent.