Monday, July 9, 2007

UPDATE 1-TSMC June sales fall 7.5 pct y/y, but up from May

(Reuters) - Looking ahead, increasing wafer output and more advanced
technology could help Taiwan Semiconductor Manufacturing Co. Ltd.
and smaller rival United Microelectronics Corp.
extend a recovery from a dismal first quarter, when
clients' high stockpiles squeezed their profits.




TSMC's unconsolidated sales were T$25.25 billion in June, lower than T$27.295 billion in the same month
last year, but up 0.6 percent from May, the Taiwan company said
in a statement, without giving an explanation.


Read more at Reuters.com Market News

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