TSMC global semiconductor industry next year growth rate of up to 5-8%

The world's largest foundry manufacturers - Taiwan TSMC chairman Zhang Zhongmou said in November 10th, estimates of the global semiconductor industry growth rate next year is 5-8%.

TSMC said last month that the company's third quarter net profit of NT $32 billion 489 million, representing an increase of about 33% over the same period last year, but the performance is expected to decline this season, due to the industry to adjust inventory, rather than the impact of new orders. The company expects revenue in the fourth quarter will be between 740-760 billion yuan, less than third in the 82 billion 480 million quarter.