Thursday, July 14, 2016

Taiwan's TSMC sees Q3 revenue rising vs Q2 as seasonal demand kicks in

TAIPEI, July 14 (Reuters) - Taiwan Semiconductor

Manufacturing Co, the world's largest contract

chipmaker and an Apple Inc supplier, said it expects

business in the third quarter to be better than the second

quarter as customers stock up on chips for new product launches

in time for the year-end holiday season.

Revenue for July-September is expected to reach between

T$254 billion ($7.93 billion) and T$257 billion, up from the

second quarter's T$221.81 billion, TSMC said after announcing

res

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