Taiwan Semiconductor Manufacturing Company (TSMC) saw its consolidated revenues amount to NT$104.7 billion (US$3.5 million) in the fourth quarter of 2011, which came close to the company's high-end target of NT$105 billion.

TSMC has reported NT$31.24 billion in December consolidated revenues, down 12.9% on month and 10.4% on year. Sales for all of 2011 totaled NT$427.08 billion, showing an increase of 1.8% compared to 2010.

TSMC is scheduled to discuss its financial results for the fourth quarter of 2011 and the entire year, and provide its guidance for first-quarter 2012 and industry outlook at a company investors meeting on January 18.

By: DocMemory
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