InfoAnda - Asian chipmakers see gloomy Q4; 2012 a bit brighter |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

LA-area foothills under mudslide threat | 10 February 2010
Motorola and Sprint to sell Windows phone to businesses | | 18 June 2010
"Idol" creator launches new multimedia show | 17 December 2009

India PM seeks to heal bad blood on Myanmar visit | | 27 May 2012

Forum Views () Forum Replies ()

Read more with google mobile : Asian chipmakers see gloomy Q4; 2012 a bit brighter |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Green Business Legal Deals Earnings Summits Business Video Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia Afghan Journal Africa Journal India Insight Global News Journal Pakistan: Now or Never? World Video Politics Politics Home Front Row Washington Politics Video Technology Technology Home MediaFile Science Tech Video Opinion Opinion Home Chrystia Freeland Felix Salmon Jack Shafer Breakingviews David Rohde Bernd Debusmann Gregg Easterbrook Nader Mousavizadeh James Saft David Cay Johnston Edward Hadas Hugo Dixon Ian Bremmer Mohamed El-Erian Lawrence Summers Susan Glasser The Great Debate Newsmaker Money Money Home Analyst Research Global Investing MuniLand Reuters Money Blog John Wasik Unstructured Finance Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Life & Culture Health Sports Arts Faithworld Business Traveler Left Field Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Article Comments (0) Editor's Choice World needs to update its flu vaccines: study China to launch unmanned space-docking craft RIM delays PlayBook update, stalls Messenger Statue of Liberty to sport webcams from its torch Asthma drugs may increase attacks in kids: report Hurricane Rina nears Mexico's beach resorts Environment: Coke’s new look: polar-bear white MediaFile: Software goes cheap, cheaper, cheapest Slideshow: Bangkok under water Video: The Digital Drum debuts in Uganda Follow Reuters Facebook Twitter RSS YouTube Read Merkel: 50 pct haircut to cut Greek debt by 100 bln euros 26 Oct 2011 Newsmaker: Gaddafi son may prefer surrender to death, after all | 9:03am EDT Sony buys Ericsson out of mobile phone venture 8:08am EDT Special report: Harrisburg: a city at war with itself 12:03pm EDT Rina weakens to storm as nears Mexican resorts 11:43am EDT Discussed 292 Obama to announce help on housing, student loans 88 Fraud case leaves California Democrats scrambling 86 Nazi jokes, wrath at Germans highlight Greek despair Watched Video purports to show Gaddafi capture Mon, Oct 24 2011 Euro Hawk a new eye in the sky for Germany Wed, Oct 26 2011 Gaddafi son may prefer surrender to death Wed, Oct 26 2011 Asian chipmakers see gloomy Q4; 2012 a bit brighter Tweet Share this Email Print Related News Ford's lackluster outlook disappoints Wed, Oct 26 2011 Broadcom sees revenue decline, stock falls Tue, Oct 25 2011 Amazon profit forecast disappoints, stock slumps Tue, Oct 25 2011 UBS salvages Q3 profit with one-off gain Tue, Oct 25 2011 RPT-Thai floods threaten Asia PC makers holiday sales Mon, Oct 24 2011 Analysis & Opinion The Groupon roadshow Time ripe for a new nifty fifty Related Topics Technology » By Clare Jim and Mayumi Negishi TAIPEI/TOKYO | Thu Oct 27, 2011 5:21am EDT TAIPEI/TOKYO (Reuters) - Asian chipmakers, including the world's top contract chipmaker TSMC, reported sharply worsened quarterly earnings and braced for another uncertain quarter as a weak global economy hits demand for computers, though roaring growth of smartphones and tablets offered a bright spot. On Thursday, Taiwan's TSMC reported a worse-than-expected 35 percent decline in profit to T$30.4 billion ($1 billion), its fourth straight quarterly drop. South Korea's Hynix Semiconductor Inc, the world's No.2 computer memory chipmaker, reported its first quarterly operating loss in two years. In Japan, Hynix's rival Elpida Memory Inc also tumbled to a quarterly loss. "With ongoing global macroeconomic uncertainty, demand weakness in PC market is expected to continue," Hynix said in its earnings statement on the dynamic random access memory (DRAM) market outlook for the fourth quarter. Contract prices of DRAM chips tumbled 29 percent in the July-September quarter to around production costs, forcing most chipmakers to lose money. Hynix reported a worse-than-expected 277 billion won ($245 million) third-quarter operating loss, while Elpida posted a 44.7 billion yen ($588 million) operating loss. Elpida was further hit by a strong yen. "If the yen stays at current levels, we will move production to Taiwan as soon as preparations are made," Elpida President Yukio Sakamoto said. "Overseas production is our only option." Elpida, Japan's biggest DRAM chipmaker, would transfer some production from its Hiroshima factory to Rexchip Electronics Corp, its joint venture with Taiwan's Powerchip. "For investors the choice now is chip heavyweights, regardless of whether they are foundries or design houses, because they have deep pockets so they can still invest in R&D, developing new products to make sure they won't fall behind in the next upturn," said Allen Chen, a fund manager at Capital Investment Trust Corp in Taipei. "But institutions won't touch DRAM shares at the moment." Shares in Hynix tumbled 30 percent over the past six months, while Elpida plunged 57 percent. TSMC gained 2 percent in the same period. RECOVERY HOPES Analysts said there were chances of a recovery in the first half of next year, when inventory adjustment was expected to be complete and chip prices bottom out. "Inventory adjustment should complete in the first quarter and go back to a slightly lower than normal demand pattern after," said Nomura analyst Patrick Liao. "How the chip makers perform also depends on who their clients are and whether their clients are doing well," he said. TSMC chairman Morris Chang said on Thursday that the chip industry could grow 3 percent to five percent next year, though TSMC's growth would outpace that by several points. He expects inventory correction to finish at the end of this year. "After all the destocking, we may see a sudden surge as amazing and strong as we saw in the third quarter of 2009. The winter this time is not as cold as that in 08-09." TSMC's CFO, Lora Ho, said that communications chips will the one source of revenue growth in the fourth quarter. The segment had grown 3.3 percent in the third quarter over the second, versus a 16 percent fall in PC segment revenue. The company, which supplies chips to such fabless clients as Texas Instruments and Nvidia, trimmed its 2011 capital spending forecast to $7.3 billion from $7.4 billion. Elpida said it will stick to its annual capital spending plan of 80 billion to fund its push to grab a bigger share of the lucrative smartphone and tablet market. "Amongst electronics products only communications are doing reasonably well, computers and consumer electronics are not strong, so for chip makers there are no clear recovery signs," said Capital Investment's Chen. TSMC, Elpida and Hynix joined a growing list of technology companies predicting grim fourth-quarter. Taiwan's UMC, the No.2 contract chip maker, reported a better-than-expected third quarter net profit on Wednesday, but noted a more difficult fourth quarter as demand slows amid economic uncertainty. U.S. chipmaker Texas Instruments said on Monday it saw a further decline in demand in Q4 and Europe's STMicroelectronics forecast an 8 percent fall in fourth-quarter revenue. (Additional reporting by Argin Chang in TAIPEI and Ju-min Park in SEOUL; Writing by Jonathan Standing; Editing by Miyoung Kim) Technology Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Contact Us Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Thursday, 27 October 2011
World Series game six postponed to Thursday night; heavy rain forecasted
Cubs new GM Theo Epstein looks to chat with Quade, respects Sandberg
Qaddafi family claims NATO killed Libyan leader, issues war crimes suit
Denver gets season's first snow as Obama visits
Home sales rises 5.7% in September
New Las Vegas ice skating rink to open in time for winter
Richest 1% of Americans saw incomes 275%, poorest fifth only rose by 18% over 30 years
Assist to Sedins: brothers off to hot start for Canucks
Top former Wall Street executive faces years in prison, millions in fine
Saudi cleric offers cash for Israel soldier kidnap |
Comedian, speaker, and the world’s only Professional Summarizer, Dale Irvin for Accidental Guru Radio Live Out-Side Broadcast!
Tunisian Islamists to propose their man for PM's job |
Bruce Willis, Emma Heming expecting baby |
Kid Rock eyes new album mixing musical styles |
Adele's 21 regains top spot on Billboard chart |
Lionel Richie going country with duets album |
Rare early Smurf drawings on sale in Paris |
Gaddafi son wants to surrender to ICC, says NTC |
Turk quake survivors desperate for tents as cold descends |
U.S. drone kills five Taliban commanders in Pakistan |
Mexican presidential hopeful vows drugs war shift |
Super Committee Dems ready $400 billion Medicare plan
Carling Cup: Manchester City rips Wolverhampton, advances into quarterfinals
Jays’ altered club policy to quash John Farrell, Red Sox reunion
Life sentence for Argentine Blond Angel of Death |
Man who gave cash, discounted tattoos to Buckeyes football players gets prison time
Bangkok residents flee as floods undermine dikes |
Bus driver-turned-militant takes on Pakistan again |
Reformist Japan farmers urge free trade to spur change |
Sony buys full control of Sony Ericsson |
Nintendo slashes forecast again to just break even |
RIM hit with consumer lawsuits over BlackBerry outage |
Sharp cuts outlook as TV sales slide |
Analysis: Amazon's Bezos stares down Wall Street again |
Google paid $151 million for Zagat: filing |
Olympus shares surge after chief quits |
Virgin Media reassures with solid third quarter growth |
Chaz Bono returns to OWN, blasts penguin jibes |
We Need to Talk About Kevin wins London film prize |
Insurgents attack two foreign bases in Afghan south |
Exxon profits jump 41 percent in third quarter
Pakistan military denies BBC report on Taliban links |
Eagles cornerback Asante Samuel critical of team's upper management
UK scientists breed super broccoli
Hunger hormone linked to weight gain
Egyptians cross home, U.S.-Israeli leaves Egypt in swap |
Ohio State energized by Wisconsin loss, but will Buckeyes benefit?
Analysis: Defections test Assad's ability to sustain crackdown |
Michael Lohan arrested again in Tampa
Sahel the danger zone for food insecurity
Mothers-to-be most at risk from inadequate Ugandan health budget
Government must account for Mt. Elgon disappearances
West Africans building resilience in the Sahel
Italians, Greeks skeptical over euro zone rescue plan |
Former Mubarak associate to run for president |
Tunisian Islamists await word on election win |
Exclusive: Records raise Olympus conflict of interest question |
Facebook likes Sweden for first Europe server site |
Asian chipmakers see gloomy Q4; 2012 a bit brighter |
Logitech retains goals after bounce back into black |
Casey Anthony, Marilyn Manson top list of creepy celebs |
Elite Polish cops sacked for protecting Paris Hilton |
Lindsay Lohan's father arrested again in Florida |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01