Mounting concern over semiconductor demand is sending shudders through Asia’s high-tech exporters, which historically serve as a bellwether for the international economy.
Browsing: TSMC
Even in an industry famous for its roller-coaster cycles, chip makers are bracing for a particularly severe shift in coming months.
One of Nancy Pelosi’s key meetings on her whirlwind tour of Taiwan reportedly is TSMC, the island’s most valuable company.
Companies that receive funding under a new US programme have to promise not to increase their production of advanced chips in China.
In a significant deal for its foundry business, Intel will produce chips for Taiwan’s MediaTek, one of the world’s largest chip design firms.
SMIC has likely advanced its production technology by two generations, defying US sanctions intended to halt the rise of China’s largest chip maker.
Taiwan’s TSMC posted a 76.4% surge in second quarter profit on Thursday, the biggest jump in earnings in eight quarters.
Taiwan’s TSMC reported better-than-expected quarterly revenue, providing another signal that electronics demand is holding up better than feared.
It was barely six months ago that the technology hardware sector looked quite immune to a global slowdown. That picture is now fading fast.
Samsung Electronics has begun mass-producing chips with advanced 3-nanometre technology, the first to do so globally.