Analyst: TSMC faces slowdown

Mark LaPedus, EETimes
9/28/2010 1:10 PM EDT

SAN JOSE, Calif. - Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) is seeing a slowdown amid a lull in the IC market.

''Based on our inventory analysis, rising capacity estimates and demand adjustment, we estimate TSMC will see a fall in its utilization level within two to three quarters to 75 percent, from 104-105 percent in 2Q-3Q '10,'' ''said Andrew Lu, an analyst with Barclays Bank, in a report.