Taiwan Semiconductor Manuafacturing Company Limited (TSMC) has reported its fourth quarter and full year results, recording a net profit in Q4 of NT$80 billion ($2.5 billion) on turnover of NT$222.5 billion ($7 billion), which compares with a net profit of NT$44.8 billion ($1.4 billion) on turnover of NT$145.8 billion ($4.6 billion) in Q4 of the previous year. TSMC’s net profit for the year increased 40% to NT$263.8 billion ($8.3 billion) from NT$188 billion ($5.9 billion) in 2013, while turnover was 28% higher at NT$762.8 billion ($24 billion) from NT$597 billion ($18.8 billion) a year earlier.