Taiwan Semiconductor Manufacturing Company (TSMC) has
announced consolidated revenues of NT$76.39 (US$2.46 billion) for July
2016, down 6.1% sequentially and 5.6% on year.
TSMC's cumulative 2016 revenues through July totaled about NT$501.7 billion, decreasing 1.3% from a year earlier.
TSMC
estimated previously that revenues would climb to between NT$254
billion and NT$257 billion in the third quarter of 2016 representing
sequential growth of 14.5-16%.
TSMC's target of 5-10% growth in 2016 revenues remains unchanged, the foundry said at its July investors meeting.
http://www.digitimes.com/news/a20160810PM200.html
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