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TSMC downgrades 4Q sales forecast by 8-9%, but no layoffs planned

Claire Sung, Taipei; Yvonne Yu, DIGITIMES Asia Tuesday 2 December 2008 0

Amid a global economic downturn that has lead to declining semiconductor sales, leading global pure-play foundry Taiwan Semiconductor Manufacturing Company (TSMC) has announced that its fourth-quarter sales will come in well below the company's previous...

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