Скачать или смотреть TSMC expects Q2 sales to plunge amid inventory glut, weakening demand

TSMC, the world's largest contract chipmaker, has warned of weak demand from the mobile and PC industries. It has forecast a 16% plunge in sales for the second quarter, as consumers grapple with an inventory glut and a weakening global economy. This, despite posting a surprise increase in Q1 profit. Net income for the March quarter was about $6.8 billion, beating a Reuters consensus forecast of $6.3 billion. Revenue came in at $16.7 billion -- down nearly 5% on-year and a 16% slump on-quarter. Its stock, which closed before the earnings were out, ended six-tenths of a percent higher.

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