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TSMC bracing for gloomy prospects in 4Q08, say investment banks

Claire Sung, Taipei; Steve Shen, DIGITIMES Asia 0

A number of investment banks, including Friedman Billings Ramsey (FBR), HSBC and Merrill Lynch, have issued a conservative guidance over the prospects for Taiwan Semiconductor Manufacturing Company (TSMC) in the fourth quarter of this year.

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