Semiconductor companies also seeing losses from investments

Posted on December 30, 2008 - 09:03 by DigiTimes

Taipei (Taiwan) - Taiwan Semiconductor Manufacturing Corporation (TSMC) and United Microelectronics Corporation (UMC) have both warned or reported on investment losses for Q4 operations. TSMC has seen $16.1 million in losses with its stake in Vanguard International Semiconductor. UMC expects to see over $152 million in losses from its stake in ProMOS Technologies.



These losses added to an already depressed semiconductor economy means an even bigger jolt to the industry.



See the DigiTimes article.




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