Fri, May 01, 2009 - Page 12 News List

TSMC posts lowest profit in eight years

DIFFICULT PERIOD In the first quarter, the company’s earnings dropped 94.5 percent to NT$1.56 billion, compared with NT$28.14 billion for the same period last year

By Lisa Wang  /  STAFF REPORTER

Under an agreement, Fujitsu Microelectronics would expand its 40-nanometer generation logic IC business with production at TSMC’s fabs. They are also set to initiate discussions on a collaborative development of high-performance process technologies for 28-nanometer and below for Fujitsu Microelectronics’ product applications.

TSMC shares and smaller rival United Microelectronics Corp (聯電) yesterday rose 6.98 percent and 6.9 percent to close at NT$55.2 and NT$12.4 respectively.

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