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.
Thursday, 17 October 2013 10:23

TSMC warns of 11% revenue drop in Q4

Written by Fudzilla staff



CEO: Mobile market slowing down

TSMC is expecting to see a sharp fall in revenue in Q4. The company estimates that its revenue will drop 11 percent, on the back of softer demand for all things mobile.

All major phone and SoC makers except Apple are past the middle of their product cycle, flagship Android phones are coming out in early 2014, and so are new chips from big players like Qualcomm.

"The mobile product boat is slowing down," said TSMC Chairman and CEO Morris Chang. He added that the dip is mainly due to soft demand for high-end smartphones, which are already past their prime.

Although the fourth quarter is usually kind to chipmakers, the smartphone market has its own rules, hence this is the time of year when TSMC sees the biggest drop in shipments. It also reported weak Q4 results last year.

It is basically a new seasonal trend, no reason to worry. TSMC still expects to end the year on a high note, with double-digit sales growth. As for Q3, TSMC's revenue was $1.8 billion, or 5 percent up year-on-year. It also happens to be a new record for TSMC.

More here.

Last modified on Thursday, 17 October 2013 10:27

Fudzilla staff

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