Leading wafer foundry TSMC said it would hold the fourth quarter of 2015 method, and for the 2016 season 1 and make a preliminary forecast for the whole year, season 1 has always been the traditional off-season, TSMC quarter decline in only about 1.3 ~ 2.7%, is better than that of the industry and the investment community expectations.

Chairman morris chang said the first quarter performance is better than the original estimate, the year there were 5 ~ 10% annual increase rate, and "hope" to maintain double-digit growth.

Chang said, the bottom of the fourth quarter of 2015 global semiconductor inventory adjustment is below the seasonal level for two days, in addition, the Chinese mainland smartphone demand recovery, slightly makes the TSMC better than expected, but also because of the overall semiconductor industry rebound performance, are not TSMC itself completely caused by city for ascension.

TSMC chief financial officer lora ho, said TSMC 1 revenue estimates about nt $198 billion ~ 201 billion, about in 47 ~ 49% gross margin, operating income rate of about 36.5 ~ 38.5%.

According to data released TSMC, TSMC full-year revenue in 2015 to about 843.5 billion nt dollars, year increased by about 10.6%, gross margin was 48.7%, relatively small reduction by 0.8% in 2014, operating income rate is about 37.9%, smaller than the same period last year 0.9%.

However, despite the global semiconductor industry is relatively difficult, in 2015, TSMC 2015 full-year EPS is 11.82 yuan, up 16.2% from a year earlier and the net interest rate of 36.3%, was increased by 1.7% over the same period last year.

Mr Chang, said TSMC structural profits, increased by 5% in five years. TSMC chief financial officer lora ho, said the cash dividend in 2016 will be "slightly" increase, and TSMC cash flow more than doubled for two consecutive years and in 2014 began to cash flow is better.