By: Jackson Chang and Frances Huang
Taipei, Dec. 10 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC, 台積電) reported on Thursday that its sales for November fell more than 22 percent from a month earlier, with market analysts attributing the decline to inventory adjustments in a slow season.
TSMC, the world’s largest contract chip maker, said that it posted NT$63.43 billion (US$1.92 billion) in consolidated sales in November, down 22.4 percent from a month earlier, and also down 12.2 percent from a year earlier.
The November figure was the lowest since June, when the pure wafer foundry operator reported NT$59.96 billion in sales. [FULL STORY]