TSMC's Q4 profit meets analyst estimates; foundry sees hot Q1

01/17/2013 | Bloomberg

Taiwan Semiconductor Manufacturing increased its fourth-quarter profit by 32% from a year ago, thanks to higher demand for chips going into mobile devices. The bottom-line figure was about the average estimate of 22 analysts compiled by Bloomberg. The silicon foundry is forecasting revenue of $4.4 billion or more in this quarter, higher than analyst estimates.

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