TSMC Sees Better October

Taiwan Semiconductor Manufacturing Company (TSMC) posted October turnover of NT$91.1 billion ($2.9 billion), up 11% from NT$81.7 billion ($2.6 billion) a year ago. This brought sales for Q3 to NT$275.1 billion ($8.6 billion) and year to date revenue to NT$776.8 billion ($24.4 billion), up 8% from NT$721.7 billion ($22.6 billion). The company says that it expects Q4 turnover to be down on Q3, but still 25% higher than in 2015.