TSMC's consolidated revenue in the first quarter of 2015 of NT $ 222.03 billion, net income of NT $ 78.99 billion.Year-over-year, first quarter revenue increased 49.8% while net income and diluted EPS both increased 65.0%. Compared to fourth quarter 2014, first quarter results represent a 0.2% decrease in revenue, a 1.2% decrease in net income and a 1.3% decline in EPS.

As for the outlook of the second quarter, TSMC forecasted its revenues will decline 7% to 8%, due to the communications area customers reduced their orders for the weak market demand. TSMC said, on account of the major customers lost orders from IDMs, and Fabless customers inventory adjustment, plus the exchange rate impact, its revenue in the second quarter will be obviously declined.

However, TSMC stressed that the overall development of the smart phone market is steady, and the needs of customers will back to normal in the second half of 2015. TSMC is looking forward to have a double-digit annual revenue growth in 2015.