Fri, Jul 18, 2014 - Page 13 News List

Investors bailing out of TSMC stocks

SUMMER SALES:70.19 million of the company’s shares were sold yesterday, as investors fear TSMC would lose a major contract for new technology to Samsung

By Lisa Wang  /  Staff reporter

“While some in the market have higher expectations [of an adverse impact] on TSMC’s [16nm] FinFET chips, the overall impact on earnings is manageable,” Shu said.

Additional reporting by CNA

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