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.

This story has been viewed 1900 times.

Comments will be moderated. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned.

TOP top