TSMC expected to remain profitable or break even in 1Q09
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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.
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