Chips

TSMC suffers profit slump

Gross margins doon

By INQUIRER staff

Thu Jul 26 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. µ

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TSMC suffers profit slump

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