Thu, Feb 28, 2013 - Page 14 News List

TSMC profiting from rise of mobile to lead the way

POWERING GROWTH:Outperforming other chipmakers, TSMC has also often posted better returns than Apple and Samsung, with room for more growth, analysts said

Bloomberg

TSMC’s annual net income rose 86 percent over the past three years because of surging demand for smartphones and tablets.

It forecast sales this quarter that surpassed analysts’ estimates.

“TSMC is now being viewed as a profitable growth company, whereas previously it was seen as just a profitable company,” Ho told Bloomberg News last month.

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