Taiwan Semiconductor Manufacturing Co Ltd's (TSMC) net profit in October-December T$31.58 billion ($1.05 billion), slightly above the T$31.19 billion average estimate of 20 analysts polled by Thomson Reuters I/B/E/S.

This compared to a profit of T$40.72 billion in the same period a year ago and T$30.40 in the previous quarter.

TSMC supplies chips to clients including Texas Instruments and Nvidia.

Copyright Reuters, 2012