TSMC sales up for first time in seven months

RUSH ORDERS:: The firm said it had cancelled its unpaid leave policy from this month and planned to hire engineers and research and development staff Taiwan Semiconductor Manufacturing Co (TSMC, ???), the world’s largest contract chipmaker, yesterday said sales grew 16.6 percent month-on-month to NT$14.2 billion (US$430 million) last month, marking the first monthly increase over the past seven months as the bleak economy hurt spending on electronics. The boost brought TSMC’s first-quarter revenues to NT$39.5 billion, better than the chipmaker’s estimate of between NT$36 billion and NT$38 billion. Last month, TSMC raised its first-quarter revenues…

Full Article