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TSMC expected to remain profitable or break even in 1Q09
Taiwan Semiconductor Manufacturing Company (TSMC) is expected to maintain its profitability, or fall to its breakeven point, for the first quarter of 2009, according to market observers, which rate better-than-expected performance of the chipmaker.
TSMC earlier reported unaudited consolidated revenues of NT$39.5 billion (US$1.17 billion), 3.95% higher than its originally-projected NT$38 billion. The observers said the foundry will see its utilization rebound throughout the third quarter of this year, as regular orders have resumed due to a warming up of demand.
Posted by | Tue, Apr 14, 2009 - 08:28 AM
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