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TSMC Result 14/04/2016

Taiwan Semiconductor Manufacturing Company reported Q1 2016 net profit of NT$64.8 billion ($2 billion), down 18% YoY. Turnover was NT$203.5 ($6.1 billion), down 8.3% YoY. Financial results were impacted by the February 6 earthquake, as well as improvements in mid and low end smartphone segments.