7/18/2019 TSM Daily

http://slidepdf.com/reader/full/tsm-daily 1/2

$&+,4 -/.+3/1+.) (1/- 3*' %0'1&3+/.2 #'.3'1

1OLJ QFC 2-5Z <GSLIGZ ;QLO?EC 5?K?ECO =COPGLK *%' 7MCO?QGLKP .CKQCO# VLR A?K ALJMICQC B?GIVJLKGQLOGKE Q?PHP QL CKPROC QF?Q QFC <GSLIG ;QLO?EC 5?K?ECO PVPQCJ GP DRKAQGLKGKE MOLMCOIV%

1GEROC ' PFLTP QFC 7SCOSGCT M?EC LD QFC 7MCO?QGLKP .CKQCO% <?@IC ' BCPAOG@CP QFC B?GIV JLKGQLOGKE Q?PHPQF?Q ALOOCPMLKB QL QFC KRJ@COCB ?OC?P GK QFC DGEROC%

)*+4. $# &*24@ 5762<79260 <*;3; 

$9/- 70 )=/9=2/> 8-1/ &-24? 5762<79261 <-;3

!! <;5 .IGCKQP

/CQCOJGKC TFCQFCO ?KV AIGCKQP ?OC ?Q OGPH LD @CGKE RKMOLQCAQCB BRC QL D?GICB LO JGPPCB @?AHRMP%

.IGAH  ,+( %42/6<;  QL SGCT BCQ?GIP%

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/CQCOJGKC TFCQFCO ?KV AIGCKQ$OCI?QCB LO PCOSCO$OCI?QCB COOLOP OCNRGOC ?QQCKQGLK%

.IGAH  $4/9<;  QL SGCT BCQ?GIP% ,AQGSGQV ILE JCPP?ECP ?OC ?S?GI?@IC LK QFC ,ICOQP M?EC%

## 6CQTLOH <O?DDGA

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7/18/2019 TSM Daily

http://slidepdf.com/reader/full/tsm-daily 2/2

)*+4. $# &*24@ 5762<79260 <*;3; !,76<26=.-" 

$9/- 70 )=/9=2/> 8-1/ &-24? 5762<79261 <-;3

$$<;5 ;COSCOP

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.IGAH  ,+( +/9=/9;  QL SGCT BCQ?GIP ?KB QL K?SGE?QC QL JLOC BCQ?GIP DLO ? PMCAGDGA PCOSCO#DLO CU?JMIC+

"!   7K QFC ;COSCOP M?EC# PCICAQ ? PCOSCO# ?KB AIGAH  &/<-24;%

#!   ;CC QFC 7SCOSGCT# ,AQGSC <?PHP# ?KB .LJMICQCB <?PHP Q?@P%

,28#

!   2K QFC ,AQGSC <?PHP SGCT# VLR A?K SGCT LO A?KACI QFC PCPPGLKP QF?Q ?OC GK MOLEOCPP% >LRA?K ?IPL SGCT ?AQGSGQV ILE JCPP?ECP%

!   2K QFC .LJMICQCB <?PHP SGCT# VLR A?K SGCT QFC PCPPGLKP ?KB MOLACPPCP QF?Q PRAACCBCBLO D?GICB% >LR A?K ?IPL SGCT ?AQGSGQV ILE JCPP?ECP%

!   1OLJ QFC 7SCOSGCT ?KB .LJMICQCB <?PHP Q?@P# VLR A?K SGCT GKDLOJ?QGLK ?@LRQ QFCDLIILTGKE MOLACPPCP+

W /?Q?@?PC @?AHRMP

W ;AFCBRICB PCOSCO J?GKQCK?KAC MOLACPPCP PRAF ?P OCAI?J?QGLK# PQLO?EC MLLI @?AHRMP#

?KB PQLO?EC MLLI JGEO?QGLKP

%% 2KSCKQLOV

2D MOL@ICJP ?OC GKBGA?QCB DLO QFC PCOSCO B?Q?@?PC ?KB ?PPLAG?QCB ILEP# AIGAH  '6=/6<79? QLSGCT BCQ?GIP# DLO CU?JMIC+

!   .FCAH QFC ?JLRKQ LD RPCB ?KB DOCC PM?AC DLO QFC B?Q?@?PC# QFC ?AQGSC ILE# ?KB QFC?OAFGSC ILE%

!   =COGDV QF?Q B?Q?@?PC @?AHRMP ?OC ORKKGKE ?P CUMCAQCB%

&& ;QLO?EC 8LLIP

2D MOL@ICJP ?OC GKBGA?QCB DLO MOGJ?OV LO ALMV PQLO?EC MLLIP# AIGAH  +<79-1/ *774;  QL SGCTBCQ?GIP%

1LO CU?JMIC# SCOGDV QF?Q QFC PQLO?EC MLLIP F?SC CKLREF DOCC PM?AC%

,28#   2D BCBRMIGA?QGLK GP CK?@ICB# PCC QFC .LJMICQCB <?PHP SGCT DLO QFC OCPMCAQGSC PCOSCOQL CKPROC QF?Q MOLACPPCP ?OC ALJMICQGKE PRAACPPDRIIV%

'' ;QLO?EC /CSGACP

2D MOL@ICJP ?OC GKBGA?QCB DLO BCSGACP# AIGAH  +<79-1/ &/=2./;  QL SGCT BCQ?GIP% .FCAH DLOQFC DLIILTGKE MOL@ICJP QF?Q A?K ?DDCAQ QFC PQ?QRP+

!   1LO /2;3 BCSGAC AI?PPCP# SLIRJCP JGEFQ @C LDDIGKC LO F?SC ? OC?B$LKIV ?AACPP PQ?QC%

!   1LO Q?MC LO PF?OCB 1240 BCSGAC AI?PPCP# IG@O?OGCP# M?QFP# LO BOGSCP JGEFQ @C LDDIGKC%

!   1LO 1240 BCSGAC AI?PPCP QF?Q ?OC KLQ PF?OCB# BGOCAQLOGCP JGEFQ @C LDDIGKC% ,IPL#?BCNR?QC DOCC PM?AC JGEFQ KLQ @C ?S?GI?@IC DLO ?IILA?QGKE PAO?QAF SLIRJCP%

(( .LJJ?KB 4GKC

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"   <GSLIG ;QLO?EC 5?K?ECO+ /?GIV JLKGQLOGKE DOLJ QFC 7MCO?QGLKP .CKQCO