TSMC achieves Q2 sales target

Focus Taiwan
Date: 2015/07/10 19:02:37
By: Jackson Chang and Frances Huang

Taipei, July 10 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電), the world’s largest contract chip maker, said Friday that it has achieved its sales target for the second quarter, although the quarter revenue fell more than 7 percent sequentially due to slow season effects.

In the April-June period, TSMC posted NT$205.44 billion (US$6.63 billion) in consolidated sales, down 7.47 percent from NT$222.03 billion recorded in the previous quarter.

The second quarter figure came within the profit expectation TSMC had submitted in mid-April stating that the chip would generate NT$204 billion to NT$207 billion in revenue for the three month period.     [FULL  STORY]