Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 13 June 2012 10:00

TSMC wary of US economy

Written by Nedim Hadzic

tsmc logo

Recovery slower than expected

Speaking at the shareholders meeting on Tuesday, TSMC’s CEO Morris Chang said that the company is cautious when it comes to the US economy, since it has recovered at a slower rate than expected.

Chang based his opinion on a number of indicators, including employment data. Furthermore, he acknowledged that the EU crisis won’t make things any easier.

TSMC’s North American clients account for as much as 70 percent of the company’s wafer sale revenue. This pretty much sums it up when it comes to importance of this market, and at the same time puts TSMC’s concern in perspective.

For the year 2011, TSMC reported net profits of NT$134.2 billion on consolidated revenues of NT$427.08 billion. The company’s earnings, gross margins and operating margins all dropped in 2011 compared to the year before - by 17, 4 and 4.8 percent, respectively. The company’s consolidated revenues for 2011 are up by 9.2 percent compared to 2010.  

More here.


Nedim Hadzic

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments