Ruminations on the electronics industry from David Manners, Senior Components Editor on Electronics Weekly.
Industry bellwether TSMC had a record month at $2.06 billion in April up 23.9% on March.
In the first four months of the year, TSMC has had sales of $7 billion 15% more than for Jan-April 2013.
For Q2, TSMC expects sales of about $6 billion – up about 22% on Q1.
Gross margin could hit 49.5% in Q2. Currently it’s 47%. Operating margin could hit 38%.