Industry Expert Blogs

TSMC posted its best net profit in a year for Q309, saying demand for chips across all applications improved. Third-quarter sales fell a modest 3.3% year over year to $2.76 billion, but increased 21% from the previous quarter. Earnings per American Depositary Share (ADS) were flat when compared to 2008, but 25% above the second quarter of 2009. The revenue results hit the very top end of management guidance, and TSMC’s recovery continues to be a V-shape, as predicted in my blog TSMC Yields Recovery!