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TSMC, UMC to lower earning forecast


Tuesday, April 19, 2005

TSMC and UMC may lower their second-quarter earning forecast due to a weaker-than-expected PC market and a decrease in orders from US wireless communication makers, according to the sources familiar with both companies.

Amid weak demand in PC and wireless communication equipment market, orders from the consumer electronics sector are expected to grow 5-10% in the second quarter, the sources said.

 

By: DocMemory
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