Bloomberg News

TAIWAN DAYBOOK: TSMC Net May Drop 35%; U.S. on China Military

October 26, 2011

Oct. 27 (Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s third-quarter net income may drop 35 percent from a year earlier to NT$30.3 billion ($1 billion), according to the average of 17 analyst estimates compiled by Bloomberg.

The world’s largest custom maker of chips will publish earnings at 1:30 p.m. in Taipei, followed by an investors’ conference. Rival United Microelectronics Corp. yesterday posted its biggest profit decline in more than two years and said shipments and operating income will slide further this quarter.

--Janet Ong. Editor: Joshua Fellman

To contact Bloomberg News staff for this story: Janet Ong in Taipei at jong3@bloomberg.net

To contact the editor responsible for this story: Joshua Fellman at jfellman@bloomberg.net


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