- Taiwan's Economic Daily News reports foundry giant TSMC (TSM -1.3%) aims to grow its chip packaging revenue to $1B in 2015, and $2B in 2016. The paper notes that if TSMC achieves its goal, it would become Taiwan's #3 packaging firm, behind only ASE (ASX -0.7%) and Siliconware Precision (SPIL +0.3%).
- TSMC, which on Thursday posted a Q1 beat and strong Q2 guidance, plans to rapidly grow its packaging sales in part by expanding its service lineup to include cheaper offerings.
- For reference, TSMC's 2014 revenue consensus is currently at $23.2B.
Report: TSMC aims for $2B in 2016 chip packaging revenue
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Taiwan Semiconductor Manufacturing Company Limited |