Taiwan Semiconductor Manufacturing Company Ltd. ( TSM)

Q4 2010 Earnings Call

January 27, 2010 8:00 am ET


Elizabeth Sun - Head IR

Morris Chang - Chairman and CEO

Lora Ho - SVP and CFO


Randy Abrams - Credit Suisse

Mehdi Hosseini - Susquehanna International

Dan Heyler - Bank of America/Merrill Lynch

Pranab Sarmah - Daiwa Capital Markets

Steven Pelayo - HSBC



Welcome to the TSMC's fourth quarter 2010 results webcast conference call. (Operator Instructions) I would now like to turn the conference over to Dr. Elizabeth Sun, TSMC's Head of Investor Relations.

Elizabeth Sun

Good morning and good evening everyone, welcome to TSMC's fourth quarter 2010 conference call. Let me wish all of you a very Happy New Year. Joining us today on the call are Dr. Morris Chang, our Chairman and Chief Executive Officer, and Ms. Lora Ho, our Senior Vice President and Chief Financial Officer.

The format for today's conference call will be as follows. First, Lora will summarize our operations in the fourth quarter and give you our guidance for the next quarter. Then, TSMC's Chairman, Dr. Chang will provide his general remarks on the business outlook and a couple of key messages. Then we will open the floor to questions.

For those participants who do not yet have a copy of the press release, you may download it from TSMC's website at www.tsmc.com. Please also download the summary slides in relation to today's quarterly review presentation.

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