[High-tech LED News] TSMC Q3 consolidated revenue of NT$160.783 billion, down 3.6%, better than the company's original estimate of 6% to 8% quarterly; and due to increased shipments and the depreciation of the New Taiwan dollar against the US dollar It is estimated that TSMC's Q3 operating profit ratio is 32%, which is higher than the original estimate of 28% to 30%. Q3's after-tax net profit is 1.26 yuan, slightly better than the market estimate of 1.20 yuan.
TSMC said it expects Q4 to be less profitable than expected, and capacity utilization will not pick up until the second quarter of next year. TSMC is scheduled to hold a law conference on October 28 to explain Q3's operating results and Q4 outlook.
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