Featured Articles

Apple iPad Air 2 costs $275 to build

Apple iPad Air 2 costs $275 to build

IHS has told Recode that the Apple iPad Air 2 16GB Wifi costs only $275 to build -- not bad…

More...
LG sells 16.8 million smartphones in Q3 14

LG sells 16.8 million smartphones in Q3 14

As Samsung is losing market share, another Korean company, which many had written off, is gaining.

More...
LG G Watch R EU price set at €299

LG G Watch R EU price set at €299

LG G Watch R is probably the best looking Android Wear device on the market and many have been waiting for…

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...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 05 September 2011 10:53

TSMC warns things not as good as they should be

Written by Nick Farell
tsmc_logo

Sales falter
TSMC chairman Morris Chang has warned that his outfit's previous target of 20 per cent  sales growth for 2011 was  not going to happen He said the target would  not be reached due to disappointing end-market demand in line with weaker-than-expected global economic growth.

Speaking to  the local Chinese CTS telly station Chang noted that company revenue growth should outperform the industry average in 2011. TSMC already realized in the second quarter that the annual 20 per cent sales growth for 2011 was a little too optimistic. Utilisation rates have dropped, even for high-end manufacturing processes. TSMC was finding that customers' projections had been too ambitious.

While new foundry capacity has been coming online, demand has been sluggish particularly from the EU and the US. Chai estimated the global foundry market growth for 2011 at only 5 percent, below the 7 per cent predicted by TSMC. Chai also forecast that contract chipmakers including TSMC would see a sequential drop in third-quarter usage rates, and possibly flat growth in the fourth quarter.


Nick Farell

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