Analysts cuts forecast for TSMC
Mark LaPedus, EE Times
(08/26/2008 10:38 AM EDT)
SAN JOSE, Calif. -- A bad sign for the industry? An investment banking firm has cut both its third- and fourth-quarter estimates for Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC).
Mehdi Hosseini, an analyst with Friedman Billings Ramsey & Co. Inc. (FBR), cut his forecast due to lower-than-expected demand from TSMC's foundry customers. It also means that the overall chip industry could be slowing in the second half of 2008.
''Recent checks suggest to us that overall wafer shipments in 3Q could be up only 5 percent quarter-over-quarter, below previous expectations of up 7 percent to 8 percent quarter-over-quarter,'' he said in a report. ''This is attributed to cuts in shipment by key/large customers from the communication (Marvell, Qualcomm, TI), graphics, and consumer sectors.''
(08/26/2008 10:38 AM EDT)
SAN JOSE, Calif. -- A bad sign for the industry? An investment banking firm has cut both its third- and fourth-quarter estimates for Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC).
Mehdi Hosseini, an analyst with Friedman Billings Ramsey & Co. Inc. (FBR), cut his forecast due to lower-than-expected demand from TSMC's foundry customers. It also means that the overall chip industry could be slowing in the second half of 2008.
''Recent checks suggest to us that overall wafer shipments in 3Q could be up only 5 percent quarter-over-quarter, below previous expectations of up 7 percent to 8 percent quarter-over-quarter,'' he said in a report. ''This is attributed to cuts in shipment by key/large customers from the communication (Marvell, Qualcomm, TI), graphics, and consumer sectors.''
To read the full article, click here
Related Semiconductor IP
- 5G-NTN Modem IP for Satellite User Terminals
- 5G-Advanced Modem IP for Edge and IoT Applications
- TSN Ethernet Endpoint Controller 10Gbps
- 13ns High-Speed Comparator with no Hysteresis
- Frequency Divider
Related News
- Extreme Results Expected in a 2011 Semi Market Forecast to Grow 2%
- IHS Reduces 2011 Semiconductor Forecast
- ARM Forecast to Accelerate Lead in the Automotive Sector Over the next Five Years
- Analyst lowers chip market forecast for 2012
Latest News
- Ceva Launches PentaG-NTN™ 5G Advanced Modem IP, Enabling Satellite-Native Innovators to Rapidly Deploy Differentiated LEO User Terminals
- Faraday Broadens IP Offerings on UMC’s 14nm Process for Edge AI and Consumer Markets
- Accellera Approves Clock and Reset Domain Crossing (CDC/RDC) Standard 1.0 for Release
- Jmem Tek Joins the Intel Foundry Accelerator Ecosystem Alliance Program, Enabling JPUF and Post-Quantum Security Designs
- Credo Acquires CoMira Solutions