Chipmaker TSMC raises capex by up to $5 billion, sees fourth-quarter sales jump on smartphones
https://www.reuters.com/article/us-tsmc-results/chipmaker-tsmc-raises-capex-by-up-to-5-billion-sees-fourth-quarter-sales-jump-on-smartphones-idUSKBN1WW0HL
Apple Inc supplier TSMC raised its 2019 capital spending plan by up to $5 billion on Thursday and forecast a nearly 10% rise in fourth-quarter revenue on strong demand for faster mobile chips and new high-end smartphones.
