FourthQuarter

Chipmaker TSMC boosts capex by up to $5 billion, sees fourth-quarter sales jump on smartphones

TAIPEI (Reuters) – 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. The logo of Taiwan Semiconductor Manufacturing Company (TSMC) is seen during an investors’ conference in …

Chipmaker TSMC boosts capex by up to $5 billion, sees fourth-quarter sales jump on smartphones Read More »

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