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Taiwan Semiconductor Manufacturing (NYSE:TSM): Q4 net profit +32% to T$41.6B ($1.4B), in line...

Taiwan Semiconductor Manufacturing (NYSE:TSM): Q4 net profit +32% to T$41.6B ($1.4B), in line with estimates, as the company benefits from increasing sales of mobile devices. Revenue +25% to T$131B, also in line, as are earnings per ADR of $0.28. As previously flagged, to invest $9B on capex this year, forecasts Q1 revenue of T$127-129B; also expects inventory levels to fall. (PR)

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Taiwan Semiconductor Manufacturing Company Limited
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