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TSMC (TSM), which yesterday issued downbeat Q4 guidance to go with a better-than-expected Q3...

TSMC (TSM), which yesterday issued downbeat Q4 guidance to go with a better-than-expected Q3 report, is aiming for a 10%+ CAGR from 2013-2106, according to CEO Morris Chang. Chang predicts strong mobile device demand - TSMC provides foundry services for many Apple/Samsung suppliers - will drive growth, and also forecasts over 30% of 2013 sales will involve 28nm chips, for which the company recently struggled with yield issues.
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