Taiwan first-quarter GDP slows to four-year low as pandemic hurts consumption [Reuters]
Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm
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Source: Reuters
Taiwan first-quarter GDP slows to four-year low as pandemic hurts consumption TAIPEI (Reuters) - Taiwan’s economic growth slowed to its weakest in nearly four years in the first quarter, as the coronavirus pandemic crimped domestic consumption though still-strong demand for electronics helped soften the impact on the trade-reliant economy. The government has warned of a slowdown in export orders that will especially hurt its tech manufacturers in the coming months, and is rolling out an economic stimulus package expected to be eventually worth T$1.05 trillion ($35 billion). Gross domestic product (GDP) expanded by 1.54% in the January-March period from a year earlier, preliminary data from the statistics agency showed on Thursday, less than half the pace of the fourth quarter’s 3.31%. Growth in the first quarter was the slowest since a contraction of 0.09% in the first quarter of 2016 and slightly lagged a forecast of 1.6% in a Reuters poll. Statistics department official Huang Wei-ji
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TSM
Earnings
- 4/19/24 - Beat
TSM
Sec Filings
- 4/18/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/18/24 - Form 20-F
- TSM's page on the SEC website