TSMC turns in whopping profit

THE GRAND DADDY of pure play foundries said it had increased its net profits and revenues for its third quarter.

TSMC will print chips for its design customers on the equivalent of eight million eight inch equivalent wafers during this year, and claims it is the first foundry to produce 65 nanometre tech.

65 nano tech accounted for seven per cent of its total wafer sales.

The firm turned in net profits of NT$30.37 billion on revenue of NT$88.96 billion for its third quarter, which ended the 30th of September last. That gave TSMC a gross margin of 45.8 per cent and a net margin of 34.1 per cent.

It did better than it expected because of stronger than expected demand from its customers. µ