Q4 sales are estimated at between $6.08 billion and $6.21 billion while Q3 sales are estimated at $6.45 billion.
TSMC blamed the Q4-Q3 sales drop on falling demand for smart phone SoCs with Chairman Morris Chang saying that the slow rate of decline of the inventory of mobile SoCs is “not a very good omen”.
The company expects gross profit of between 47% to 49% and operating profit of between and 36.5% to 38.5%.
It is looking at full-year growth of 10%.
See also: TSMC Quarterly Results