Trade Resources Industry Views TSMC Sets Capital Expenditure at US$9 Billion

TSMC Sets Capital Expenditure at US$9 Billion

For 2013, Taiwan Semiconductor Manufacturing Co. (TSMC) sets capital expenditure at US$9 billion, R&D capital at US$1.6 billion and revenue increase rate at 15-20% year on year, according to corporate chairman and chief executive officer (CEO), Morris Chang.

Chang made the statement recently at its annual Supply Chain Management forum.

The 2013 capital spending represents an 8.4% increase over 2012’s US$8.3 billion, with the growth rate compared to the 2012’s 19%.

The company’s revenue for 2012 is estimated at NT$508.2 billion (US$17.5 billion at US$1:NT$29), and its revenue for the Jan.-Nov. period reached NT$442.5 billion (US$15.2 billion).

TSMC is forecast to have revenue of around NT$38.9 billion (US$1.3 billion) in December 2012, slipping 12% from November. Nevertheless, the company is likely to have revenue of NT$133 billion (US$4.58 billion) for the fourth quarter, higher than the company’s projection of NT$131 billion (US$4.51 billion).

Chang pointed out that 2012 is a very dark year for global semiconductor industry, with its revenue estimated to decrease 2% year on year. The global semiconductor revenue likely to rise 3% in 2013.
(by Ken Liu)

Source: http://www.cens.com/cens/html/en/news/news_inner_42356.html
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Topics: Machinery