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TSMC Chairman Expects 2012 Revenue To Grow More Than 6%-7%

HSINCHU, Taiwan -(Dow Jones)- Made-to-order chip maker Taiwan Semiconductor Manufacturing Co. (TSM) expects its revenue growth for next year to beat the estimated 6%-7% growth for the global non-memory semiconductor industry, Chairman Morris Chang said Friday. Chang said that while the global economy would likely grow "very slowly" in 2012, revenue in the semiconductor sector has always outpaced the expansion of the world economy. He didn't elaborate. TSMC, considered a technology bellwether for its diversified client base that includes Qualcomm Inc. and Nvidia Corp., has reduced its capital spending budget twice this year because of deteriorating market conditions. -By Lorraine Luk, Dow Jones Newswires; 8862-25022557; lorraine.luk@dowjones.com

Stock News for Taiwan Semicond (TSM)
DateTimeHeadline
07/27/201601:20:00Japan Shares Lead Asia Higher
07/25/201606:51:52Report of Foreign Issuer (6-k)
07/15/201606:08:07Report of Foreign Issuer (6-k)
07/14/201606:29:00Report of Foreign Issuer (6-k)
07/11/201608:30:40Report of Foreign Issuer (6-k)
06/24/201606:07:44Report of Foreign Issuer (6-k)
06/16/201610:40:00ASML Paying $3.09 Billion to Buy Taiwan Chip-Tech Firm Hermes...
06/08/201607:12:03Report of Foreign Issuer (6-k)
06/07/201607:19:31Report of Foreign Issuer (6-k)
06/07/201606:13:35Report of Foreign Issuer (6-k)
05/27/201606:05:27Specialized Disclosure Report (sd)
05/25/201616:12:00Report of Foreign Issuer (6-k)
05/17/201606:23:19Report of Foreign Issuer (6-k)
05/10/201607:02:43Report of Foreign Issuer (6-k)
05/10/201606:17:04Report of Foreign Issuer (6-k)
04/26/201606:11:16Report of Foreign Issuer (6-k)
04/15/201606:11:53Report of Foreign Issuer (6-k)
04/14/201606:16:36Report of Foreign Issuer (6-k)
04/11/201608:20:59Report of Foreign Issuer (6-k)
04/11/201607:54:29Annual and Transition Report (foreign Private Issuer) (20-f)

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