TSMC profit soars despite 28-nm supply shortage

Peter Clarke, EETimes
7/19/2012 5:55 AM EDT

LONDON – A shortage of wafers for customers at the 28-nm process node has been no barrier to sharply increased profits at leading foundry Taiwan Semiconductor Manufacturing Co. Ltd. (Hsinchu, Taiwan). TSMC said it plans to double shipments of 28-nm in the next quarter. The company expects to expand sales revenue by about 7 percent sequentially in 3Q12.

TSMC made a net profit of NT$41.81 billion (about $1.39 billion) on sales revenue of NT$128.06 billion (about $4.27 billion) in the second quarter of 2012. The profit was up 16.3 percent on 2Q11 and the sales revenue was up 15.9 percent. Sequentially the profit jumped up by 24.9 percent while revenue was up 21.4 percent on the first quarter.

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