TSMC executives reach consensus on recovery, says report

Peter Clarke, EE Times
(02/20/2009 6:43 AM EST)

LONDON — Foundry chip supplier Taiwan Semiconductor Manufacturing Co. Ltd. has reached an internal consensus that the semiconductor industry will hit a minimum of trading activity in the first quarter and that a U-shaped recovery is possible during the rest of 2009, according to a report in the Taiwan Economic News.

This would be close to the best of possible outcomes and is better than many other analysts are forecasting. It is also likely that the semiconductor industry as a whole will perform better than the foundry sector.

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