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If you can't bite, don't show your teeth - Yiddish proverb
TSMC suffers profit slump
Gross margins doon
Thursday, 26 July 2007, 11:09
PURE PLAY foundry Taiwan Semiconductor Manufacturing Co (TSMC) showed a drop of 25 per cent on its net profits
for its financial second quarter.
It turned in $851 million net profit for the quarter, and blamed a drop in its gross margins which were 43 per cent. This time last year its gross margin was 51.8 per cent. ยต
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