TSMC to see better-than-expected 4Q09

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Taiwan Semiconductor Manufacturing Company (TSMC) is expected to see revenues for the fourth quarter remain flat or increase by low single-digits sequentially, according to market watchers. TSMC customers AMD, Broadcom and Marvell have reportedly maintained their pace of orders.

TSMC has estimated third-quarter revenues to be between NT$88 billion and NT$90 billion, up 18-21% sequentially. The pure-play foundry enjoyed a sequential revenue jump of 91.7% in the second quarter.

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