GlobalFoundries' new Singapore arm pays down debt

15.03.2010

TSMC, the world's biggest contract chip maker, reported 2009 revenue of NT$295.7 billion (US$9.3 billion), down from NT$333.2 billion (US$10.5 billion) a year earlier. The company's gross profit in 2009 was NT$129.3 billion (US$4.1 billion), down from NT$141.8 billion (US$4.5 billion). TSMC reported its net profit for 2009 was NT$89.2 billion (US$2.8 billion), down from NT$99.9 billion (US$3.2 billion) in 2008.