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TSMC Fourth Quarter and Full Year 2015 Revenue Outlook
Hsinchu, Taiwan, R.O.C. – September 23, 2015 -- TSMC today announced that its third-quarter revenue will exceed the company’s guidance given on July 16, 2015 due to a more favorable US dollar exchange rate to the NT dollar. The company now expects its third-quarter revenue to be between NT$211 billion and NT$213 billion, and both gross profit and operating profit margins to be within the range of its July guidance of 47% to 49% for the gross profit margin and 36.5% to 38.5% for the operating profit margin. The company further expects its fourth-quarter revenue will experience a sequential decline and is likely to be between NT$198 billion and NT$204 billion, with profit margin rates similar to its third quarter. As a result, the company expects its full-year revenue growth rate will still be close to double digits from 2014 as the company previously indicated.
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