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Tuesday, March 24, 2009

Is it a good news?

Taiwan Semiconductor Manufacturing (NYSE: TSM) -- a.k.a. TSMC -- is the world's largest chip-making specialist. The company takes designs from fab-less chip designers like NVIDIA (Nasdaq: NVDA), Atheros (Nasdaq: ATHR), and Silicon Laboratories (Nasdaq: SLAB) and turns the theory into real pieces of working silicon. TSMC moved to a four-day work week recently in order to control costs. Now, everyone is back to the factory for five full days per week.

This comes only days after Taiwanese gadget assembly specialist Hon Hai Precision Industries went on a hiring spree to replace workers sacked over the holidays. And you haven't forgotten about the pending consolidation in Taiwan's massive computer memory operations, right? There are big things afoot in Taiwan today.

full coverage:Click Here

Nasdaq is trading at 1500++.

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