TSMC Defies Industry Downturn with 78% Rise in Q4 Profit
Taiwan Semiconductor Manufacturing Co. (TSMC) – the world’s largest contract chipmaker – posted a 78% rise in fourth-quarter net profit on Thursday, yet another quarterly record, as strong sales of advanced chips helped it defy a broader industry downturn that battered cheaper commodity chips. The company’s net profit for October-December hit a record T$295.9 billion …
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