Wednesday, July 25, 2007

UPDATE 1-TSMC Q2 profit falls, but recovery under way

(Reuters) - TAIPEI, July 26 - The world's largest contract chip
maker, Taiwan's TSMC , posted a 25 percent fall
in quarterly profit, but the result improved from the previous
quarter thanks to fresh chip demand and was in line with analyst
expectations.




After a dismal start to the year, clients are placing big
semiconductor orders for new-generation personal computers,
mobile phones and other consumer gadgets, boding well for TSMC
and rival United Microelectronics Corp.
in the second half.


Read more at Reuters.com Market News

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