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Non-Tech : Kirk's Market Thoughts
COHR 187.81-2.0%12:50 PM EST

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Gottfried
To: Gottfried who wrote (2404)12/11/2014 1:44:30 PM
From: Kirk ©1 Recommendation  Read Replies (1) of 26880
 
TSMC November sales slip 10%

Contract chipmaker Taiwan Semiconductor Manufacturing Company (TSMC) has announced consolidated sales of NT$72.28 billion (US$2.32 billion) for November 2014, down 10.5% sequentially.

A slowdown in orders for the latest iPhone devices was the main reason behind the sequential drop in TSMC's sales for November, according to market sources. The sources believe that shipments of Apple's iPhone 6 and 6 Plus have passed their peak.

In addition, as orders from Android device vendors have not picked up, TSMC is expected to report another sequential decrease in sales for December, the sources said.

Nevertheless, TSMC's consolidated sales for the fourth quarter are set to meet the company's guidance of NT$217-220 billion, representing growth of 4-5% sequentially, the sources indicated.

TSMC disclosed its consolidated revenues for the first 11 months of 2014 increased 26.7% from a year earlier to NT$693.30 billion.

News website: www.digitimes.com

>> I sure like my new Samsung Galaxy S5!

Apple is late and still catching up....
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