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Updated Thursday, March 18, 2010 11:01 am TWN, Bloomberg

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Taiwan Semi says earthquake won't change first-quarter sales guidance

TAIPEI, Taiwan -- Taiwan Semiconductor Manufacturing Co., the world's largest custom chipmaker, said its first-quarter sales guidance would be unaffected by an earthquake earlier this month.

“We will deliver what we promised,” Lora Ho, chief financial officer of the Hsinchu, Taiwan-based company said yesterday in Taipei.

Taiwan Semiconductor, which last quarter posted its biggest profit in two years, said March 4 that an earthquake in southern Taiwan would cause production losses equal to 1.5 days. The company said on Jan. 28 it expects revenue this quarter of NT$89 billion to NT$91 billion.

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