TAIPEI Oct 17 Taiwan Semiconductor
Manufacturing Co Ltd said it expects
fourth-quarter revenue to fall as much as 11 percent from the
previous quarter as demand for some high-end smartphones softens
and device makers use up stocks of chips.
TSMC, the world's top contract chip maker, said revenue for
the fourth quarter will be between T$144 billion and T$147
billion ($4.90 billion and $5.00 billion), down from T$162.58
billion in the previous quarter.
Earlier on Thursday TSMC reported a net profit of T$51.95
billion for the third quarter, beating analysts' estimates.
($1 = 29.4090 Taiwan dollars)
(Reporting by Clare Jim; Editing by Kenneth Maxwell)