Dallas, Texas 12/13/2013 (FINANCIALSTRENDS) – There are many investment trading houses that are quite bullish about the Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM). The only reason that is being given by them is the increased demand of the semiconductors and whenever the demand perspective looks strong there is a sense of bullishness prevails. The recent introduction of the 20- nanometer node have been taken very well by the industry and there are very good chances that the company might post good set of number for the year 2014 and 2015.
All this can lead to increase in the revenue growth which is also good for the company. Many industry analysts are also terming 20%+ growth as a good indication and 14 times earnings and 3 times book value seems to be a safe bet. However as per them the only risk that seems to be coming is weaker US dollar and a weakness in the near term demand. But there are few industry analysts that are saying that these impacts will not be much larger and will ease out as the demand increases in the long term.
New Co-CEOS named by Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM)
Recently the Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) named new Co-CEOs. Now the Morris Chang as CEO has been replaced by Mark Liu and C.C. Wei, who acted as COOs. The 82 years old Chang will remain as the chairman and he would resign for the post of CEO in July 2014.
The chip maker has seen consistent demand in the business as the mobile exposure is getting strong and moreover the demand for smart phones and tablets have also increased to a great extent in recent months. But TSMC is facing a stiff competition from Intel which is an old horse running into this battle for supremacy.
