The firm added that its 2011 capital spending and revenue growth targets remain unchanged.
Analysts expect TSMC to announce weaker earnings in the second quarter because of weak consumer demand for personal computers.
"We expect clear order cuts from the end of May on any supply-chain shortages, and as such, we see an increased risk for their third-quarter outlook," commented Pranab Kumar Sarmah, an analyst at Daiwa Capital Markets.
Elsewhere, the India Semiconductor Association (ISA) and Frost & Sullivan has observed that the semiconductor market in India has grown beyond the industry expectations.
According to the trade body, the market grew by 28.3 per cent in 2010, adding that it projects it to be $9.86 billion by 2012.
Pradip Dutta, chairman, ISA, explained there is a lot of growth happening in [the] semiconductor space.
