TSMC upbeat on chip outlook after Apple-Qualcomm settlement; first quarter disappoints

TSMC upbeat on chip outlook after Apple-Qualcomm settlement; first quarter disappoints

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-tsmc-results/tsmc-upbeat-on-chip-outlook-after-apple-qualcomm-settlement-first-quarter-disappoints-idUSKCN1RU0MV

Taiwan's TSMC struck an upbeat note about the outlook for the depressed global chip market, betting that a rollout of faster 5G mobile network would buoy demand, even as it posted its steepest quarterly profit drop in more than seven years.