Featured Articles

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC has announced that it will begin volume production of 16nm FinFET products in the second half of 2015, in late…

More...
AMD misses earnings targets, announces layoffs

AMD misses earnings targets, announces layoffs

AMD has missed earnings targets and is planning a substantial job cuts. The company reported quarterly earnings yesterday and the street is…

More...
Did Google botch the Nexus 6 and Nexus 9?

Did Google botch the Nexus 6 and Nexus 9?

As expected, Google has finally released the eagerly awaited Nexus 6 phablet and its first 64-bit device, the Nexus 9 tablet.

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...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

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.
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