Reuters: TSMC February sales rise on year but quarter seen slow

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TSMC February sales rise on year but quarter seen slow
      

TAIPEI (Reuters) - TSMC , the world's top contract chip maker, posted a 38 percent rise in February sales from a year earlier but the result was down from January, reflecting weaker sales of PCs and consumer gadgets. Taiwan Semiconductor Manufacturing Co Ltd's (TSMC)  sales were T$28.38 billion ($924 million) last month, compared with T$20.577 billion a year ago, when its clients cleared out excess inventories, the company said on Monday.
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