TSMC and consolidated October net income hit a record high

Net sales TSMC in October reached NT $26 billion 220 million (US $794 million 700 thousand), while its biggest competitor UMC October sales of $9 billion 30 million ($273 million). Two companies' net income is set at a record high next month.

TSMC in October compared with September revenue growth of 4%, compared with the same period last year growth of 14.2%. Union October net income and growth of 6.29% in September, but compared with the same period last year, a decrease of 10.2%. TSMC, the company performance in October reached NT $26 billion 230 million ($794 million 800 thousand) of the sales target, the company achieved total sales of NT $209 billion 600 million in the first 10 months of this year ($6 billion 300 million), this figure compared with the same period last year growth of 14.2%. The first 10 months of this year, the total sales of $72 billion 300 million (NT $2 billion 190 million), compared with the same period last year fell by 27%.

TSMC vice president and CFO Mora Ho in October due to the good performance of consumer demand continued to improve. The company's 90nm process service orders are the main drivers of this growth. Based on the process of service in the quarter will be the company's total sales increased by 17%-19%, while the figure will reach 20%. TSMC two 300mm wafer factory to improve production and production capacity of its 200mm plant, but also the company's good performance in October contributors. Located in the Tainan Science Park TSMC 300mm wafer factory, shipments in the quarter will be raised to 56000 wafers, while the last quarter of the 46000 wafers. The Fab will begin offering 90nm process services in the quarter.

TSMC's board of directors recently approved a plan to set up a $706 million 500 thousand budget to expand its 65nm, 0.15 micron and 0.18 micron process capacity, which will increase the company's total capital expenditure to $2 billion 500 million this year. The company originally planned to spend $25-27 billion this year, while the company's capital expenditure in the first three quarters of the year has reached $1 billion 820 million. According to TSMC senior officials, said the original purpose of these expenditures is to improve the company's 65nm process in front of competitors advantage. So far, the company's 65nm process service has attracted orders from 7 users.