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Taiwan Semiconductor's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Stock quotes in this article: TSM 

Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

Q2 2012 Earnings Call

July 19, 2012 2:00 AM ET

Executives



Elizabeth Sun – Director, Corporate Communications

Lora Ho – SVP, CFO and Spokesperson

Morris Chang – Chairman and CEO

Analysts



Dan Heyler – Bank of America

Mehdi Hosseini – Susquehanna

Michael Chou – Deutsche Bank

William Lu – Morgan Stanley

Andrew Lu – Barclays

Roland Shu – Citigroup

Brett Winston – RA

Mahesh Sanganeria – RBC Capital Markets

Steven Pelayo – HSBC

Randy Abrams – Credit Suisse

Presentation



Elizabeth Sun

Welcome to TSMC’s second quarter 2012 earnings conference and conference call. This is Elizabeth Sun, TSMC’s Director of Corporate Communications, and your host for today. This is the first time that we are combining the quarterly earnings conference with the conference call, and event is webcast live via TSMC’s website at www.tsmc.com. If you’re joining us through the conference call, your dialing lines are in listen-only mode. As this conference is being viewed by investors around the world, we will conduct this event in English only.

The format for today’s event will be as follows. First, TSMC’s Senior Vice President and CFO Ms. Lora Ho will summarize our operations in the second quarter and give you our guidance for the next quarter. Afterwards TSMC’s Chairman and CEO Dr. Morris Chang will provide his general remarks on business outlook and state a couple of key messages. Then we will open the floor to questions.

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