Featured Articles

Intel refreshes CPU roadmap

Intel refreshes CPU roadmap

Intel has revealed an update to its CPU roadmap and some things have changed in 2015 and beyond. Let’s start with the…

More...
Hands on: Nvidia Shield Tablet with Android 5.0

Hands on: Nvidia Shield Tablet with Android 5.0

We broke the news of Nvidia's ambitious gaming tablet plans back in May and now the Shield tablet got a bit…

More...
Nokia N1 Android tablet ships in Q1 2015

Nokia N1 Android tablet ships in Q1 2015

Nokia has announced its first Android tablet and when we say Nokia, we don’t mean Microsoft. The Nokia N1 was designed…

More...
Marvell launches octa-core 64-bit PXA1936

Marvell launches octa-core 64-bit PXA1936

Marvell is better known for its storage controllers, but the company doesn’t want to give up on the smartphone and…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

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