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| | TSMC Jan sales down 20 pct but near bottom | Technology, Media & Telecom | Reuters |
 | | (TSMC) and smaller rival United Microelectronics Corp. (UMC) (2303.TW: Quote, Profile, Research) have forecast a weaker first quarter, but analysts say the downturn is near a bottom as clients could empty stocks and go back to placing new orders from the second quarter. |
 | | TSMC, which expects its business to bottom out by the end of March, had unconsolidated sales of T$20.851 billion ($634 million) last month, down from T$26.178 billion a year ago, the company said, without giving an explanation. |
 | | TSMC, which counts top cellphone chip supplier Texas Instrument Inc. (TXN.N: Quote, Profile, Research) as a major clients, had sales of T$22.376 billion in December. |
| www.reuters.com /article/technology-media-telco-SP/idUSTP1214420070209 (444 words) |
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