TSMC 1Q09 profits drop sharply

Jessie Shen, DIGITIMES, Taipei Thursday 30 April 2009 0

Taiwan Semiconductor Manufacturing Company (TSMC) has reported a 87.5% sequential drop in net income to NT$1.56 billion (US$47.11 million) for the first quarter, with revenues going down 38.8% on quarter to NT$39.5 billion.

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