Taiwan’s TSMC Forecasts Sharp Rise in First Quarter Revenue, Bets on Robust 5G Demand by REUTERS

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By REUTERS

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.

Published: January 15, 2020 at 06:00PM

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