TSMC 2012 Q1 results: profits down again as 20-nanometer process proves expensive

Taiwan Semiconductor Manufacturing Co. has offered up its first quarter results for the year, revealing yet another middling quarter. While turnover was NT$105.51 billion ($3.6 billion) and net profit was NT$33.47 billion ($1.1 billion), that’s still 7.7 percent down on the NT$36.28 it made in the same quarter last year

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TSMC 2012 Q1 results: profits down again as 20-nanometer process proves expensive