TSMC expects 5G earnings boost, flags South Korea-Japan spat as risk [Reuters (UK)]
Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm
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Source: Reuters
TSMC expects 5G earnings boost, flags South Korea-Japan spat as risk - Reuters 4 Min Read TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) on Thursday said it expects a stronger half-year on 5G telecoms demand, and that a dispute over chip-making materials between Japan and South Korea is its most uncertain factor. The world’s largest contract chipmaker reported a decline in second-quarter profit, but said demand is likely to recover during the rest of 2019 particularly from smartphone makers, hampered at present by the impact of a Sino-U.S. trade war. “Although our business continues to be impacted by a global slowing economy ... we have also passed the bottom of the cycle of our business and again began to see demand increasing,” Chief Executive Officer and Vice Chairman C.C. Wei told analysts during an earnings briefing. Taiwan’s supply chain manufacturers have been navigating slowing global demand for smartphones - a primary source of revenue - as well as market
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TSM
Earnings
- 4/19/24 - Beat
TSM
Sec Filings
- 4/25/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/18/24 - Form 6-K
- TSM's page on the SEC website