Seeking Alpha

TSMC Q4 net profit +7.7%; sees growth continuing in 2014

  • Taiwan Semiconductor Manufacturing Company's (TSM) Q4 net profit rose 7.7% on year to NT$44.81B (U.S.$1.49B) and topped consensus of NT$42B, boosted by growth from chips used in mobile devices.
  • Revenue climbed 11% to NT$145.81B.
  • EPS NT$1.73 (U.S.$0.29 per ADR unit).
  • TSMC expects double-digit growth in sales in 2014 and for profit to increase as well. However, it forecasts that Q1 sales will fall up to 6.7% on quarter to NT$136-138B, due to inventory corrections in the supply chain.
  • Share +1.9% in Taiwan. (PR)
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector