Chip manufacturer TSMC sees higher profit in 3Q, but treats warily Exchange

TAIPEI-Taiwan Semiconductor Manufacturing, the largest manufacturer of the world''s chips and contract an essential supplier of Apple provides that your revenue grow in the third quarter after a second quarter traditionally weak. The most valuable company in Taiwan said that the releases of devices, especially smartphones, in the second half will help boost at least 15% the revenue in the quarter ended September compared with the quarter ended in June, which suffered from the appreciation of Taiwan''s currency against the dollar. "Almost 100% of our revenue is in dollars. In the last two quarters, adjudication had a very big impact on our revenue, "said Chief Financial Officer Lora Ho to reporters on Thursday. The TSMC, which is higher than the market value of Intel said revenue for the quarter from July to September will be between 8.12 billion and 8.22 billion dollars, compared with 7.06 billion dollars in the quarter from April to June, when it was affected by unfavorable currency fluctuations. The TSMC and its rivals are taking advantage of the demand for chips for smartphones and computers, which has been reflected in sharp gains in share prices. Last week, the South Korean Samsung Electronics estimated record operating profit for the quarter from April to June.