Fri, Oct 26, 2012 - Page 13 News List

TSMC to maintain capital spending

INCOME SOARS:To ease investors’ concerns, TSMC’s chairman and CEO said the company would generate enough cash from its operations to support investment

By Lisa Wang  /  Staff reporter

Inventory is expected to return to normal level in the second quarter of next year, which would help drive a “very good rebound” for TSMC, Chang said.

TSMC’s shares fell 0.70 percent to close at NT$84.80 ahead of the release of its third-quarter results.

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