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TSMC Reports 2Q Earnings

Hsin-Chu, Taiwan — TSMC today announced consolidated revenue of NT$110.51 billion, net income of NT$35.95 billion, and diluted earnings per share of NT$1.39 (US$0.24 per ADR unit) for the second quarter ended June 30, 2011.

Year-over-year, second quarter revenue increased 5.3% while both net income and diluted EPS decreased 10.8%. Compared to first quarter of 2011, second quarter of 2011 results represent a 4.9% increase in revenue, and a 0.9% decrease in both net income and diluted EPS. All figures were prepared in accordance with R.O.C. GAAP on a consolidated basis.

In US dollars, second quarter revenue increased 6.5% from the previous quarter and increased 16% year-over-year.

Read the full press release.

{complink 5388|Taiwan Semiconductor Manufacturing Co. (TSMC)}

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