TSMC revenues slip 8% in Q2 dampened by earthquake

Friday 15 April 2016 | 09:32 CET | News
TSMC reported its first quarter results, noting that while the February earthquake caused some delay in wafer shipments, business upside came from increasing demand for mid and low-end smartphones, as well as customer inventory restocking, CFO Lora Ho said. Revenues for the quarter slipped 8.3 percent year-on-year to TWD 203.49 billion while the net profit declined to TWD 64.78 billion and the diluted earnings per share went lower to TWD 2.50 from 3.05.

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Categories: General
Countries: Taiwan
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