TSMC sees signs of market turning up

Peter Clarke, EETimes
11/7/2011 9:42 AM EST

LONDON – Although foundry Taiwan Semiconductor Manufacturing Co. Ltd. suffered a third quarter that was down sequentially against its second quarter, the company is starting to see signs of a turn in the market, according to its leading European executive.

This is partly because concerns about the global economic situation during 2011 has caused electronic equipment and chip companies to strive to burn off inventory, and that process has now reached close to a minimum, according to Maria Marced, European president of TSMC.

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