Taiwan's TSMC forecasts sharp rise in first quarter revenue, bets on robust 5G demand

Taiwan's TSMC forecasts sharp rise in first quarter revenue, bets on robust 5G demand

5 years ago
Anonymous $yQ5BfQaAxy

https://www.reuters.com/article/us-tsmc-results/taiwans-tsmc-forecasts-sharp-rise-in-first-quarter-revenue-bets-on-robust-5g-demand-idUSKBN1ZF0HW

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) forecast an up to 45% spike in January-March revenue and raised its capex plan for the year, betting robust demand for 5G smartphones would dial up profits at the world's top contract chipmaker.