Rating downgrade

2008-6-28 | NEWSPAPER EDITION

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TAIWAN Semiconductor Manufacturing Co, the world's largest custom-chip maker, was downgraded to "neutral" from "buy" at Goldman Sachs Group Inc which cited slowing growth and stronger competition. "We expect TSMC's shares to perform in line with or below the Taiwan market" in the second half of 2008, a report said yesterday.

Prices may go up

TAIWAN Semiconductor Manufacturing Co, the world's largest custom-chip maker, said it may raise prices to counter higher costs. "Semiconductor companies are under profitability pressure," Jason Chen, vice president...

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