TSMC expects a 14% drop in Q1 revenue to $7.3/7.4 billion citing big inventories in smartphone ICs caused by dropping smartphone sales H2 smartphone launches could retrieve the situation but, for now “the inventory in the supply chain is quite a lot”, says TSMC chairman Mark Liu said at a post-earnings conference. The 14% drop expected ...
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from Electronics Weekly https://www.electronicsweekly.com/news/business/tsmc-expects-14-q1-revenue-drop-2019-01/
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