TSMC report a 7-11% sequential decrease in consolidated revenues for the quarter.

TSMC's major clients including Qualcomm, Broadcom, NXP and Texas Instruments (TI) have started to slow down orders recently amid inventory adjustments. The foundry will likely see the negative impacts continue until March, the watchers indicated.

With the iPhone 5 fever now cooling, and several smartphone vendors transitioning from old to new products, international chip suppliers are expected to cut their orders to TSMC by 5-10% in the first quarter, the watchers said.

Monthly sales at TSMC will stay below the NT$40 billion (US$1.38 billion) mark in January and February, the watchers estimated.

TSMC has announced that consolidated revenues for December 2012 declined 16% sequentially to NT$37.11 billion, hitting the lowest level in nine months.

By: DocMemory
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