Data: Standard & Poor's Compustat | |
OCTOBER 24, 2005
No. 11: TSMC Rick Tsai, 54, CEO since July
Semiconductors REVENUES $8.0 billion PROFITS $2.9 billion
TSMC has also opened its first chip fab in China. At the same time, Shanghai-based Semiconductor Manufacturing International Corp. stunned investors in September by slashing estimates on profit margins by more than a third, to about 9%. TSMC boasts a strong base of customers, including U.S. chip powers like Freescale Semiconductor, Nvidia, and Broadcom (BRCM ). TSMC is also benefiting from brisk demand for semiconductors in wireless LAN gear and cellular phones. ``The amount of silicon incorporated into handsets continues to increase,'' says Chief Executive Rick Tsai, who took over the job from retiring Chairman Morris Chang in July. ``It seems everything they can think of, they want to put in the handset.'' With that kind of demand, expect TSMC to post more good results.  Get BusinessWeek directly on your desktop with our RSS feeds.  Add BusinessWeek news to your Web site with our headline feed. Click to buy an e-print or reprint of a BusinessWeek or BusinessWeek Online story or video. To subscribe online to BusinessWeek magazine, please click here. Learn more, go to the BusinessWeekOnline home page  | | |
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