TSMC's Net Sales Were Approximately NT$43.64 Billion

Although Taiwan Semiconductor Manufacturing Co.'s(TSMC's)consolidated net sales for November sank around 11.4%from October,to NT$44.2 billion,industry executives estimated the foundry giant's revenue for the fourth quarter to exceed its goal.

On an unconsolidated basis,TSMC's net sales were approximately NT$43.64 billion(US$1.504 billion at US$1:NT$29)in Novewmber,down 11.4%from October but up 23.9%from the same month last year.Revenues for the Jan.-Nov period totaled NT$463.31 billion(US$15.9 billion),an increase of 19.5%from the same period of 2011,according to the firm's statistics.

The company's consolidated net sales for November slipped 11.4%from a month earlier,but represented a 23.4%growth year on year.Its consolidated revenues for Jan.-Nov.period totaled NT$469.13 billion(US$16 billion),surging 18.5%from the same period of last year.

TSMC has set consolidated revenue goal for the fourth quarter at the NT$129-131 billion(US$4.4-4.5 billion)range,dwindling 7.3-8.8%from the third quarter.Gross margin is set at 45-47%while operating profit margin is estimated at 33-35%.

In the past two months,the company had total revenue of NT$94.1 billion(US$3.2 billion).Based on the result,industry executives feel the company will comfortably attain the Q4 goal by raking in NT$36.8 billion(US$1.2 billion)in December.They even estimated the company's consolidated revenue for this quarter to hit around NT$40 billion(US$1.3 billion).

As the company's revenue for the Jan.-Nov.period of 2012 reached NT$469.1 billion,industry executives estimated the company's revenue for the year to top NT$500 billion(US$17.2 billion).They also estimated the company's after-tax net income at over NT$6 per share for the year based on NT$4.81 per share the company made for the Jan.-Nov.period.

TSMC Sales Report(Unconsolidated)
(Unit:NT$million)

*Year 2012 figures have not been audited.
TSMC Sales Report(Consolidated):
(Unit:NT$million)
 

*Year 2012 figures have not been audited.