Taiwan Semiconductor 3Q profit up 62%

Written By Unknown on Kamis, 25 Oktober 2012 | 17.52

TAIWAN Semiconductor Manufacturing Co, the world's top contract microchip maker, says net profit in the third quarter surged 62.2 per cent year on year to Tw$49.3 billion ($A1.63 billion).

Demand for its most advanced chip manufacturing technology more than doubled to account for 13 per cent of the total shipments during the July-September quarter, it said on Thursday.

Net profit rose 17.9 per cent from the previous quarter, the company said.

Revenues came in at NT$106.5 billion, up 32.8 per cent year-on-year and an increase of 10.4 per cent from the previous quarter.


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