Tag: chipmaker

Taiwan Chipmaker TSMC Says Profit up 11.2 Percent as Demand Rises

TAIPEI, Taiwan—TSMC, the biggest contract manufacturer of processor chips for Apple Inc. and other global brands, said Thursday its latest quarterly profit rose 11.2 percent over a year earlier to $4.8 billion as demand for smartphones and consumer electronics increased. Sales in the three months ending June 30 rose 19.8 percent to $13.3 billion, said…


China in Focus (March 5): U.S. May Ease Ban on China’s Main Chipmaker

The U.S. may soon ease trade restrictions on China’s largest microchip maker. Former President Trump had put the company on a trade blacklist over its ties to the Chinese military. A Chinese internet censor says he helped the Communist Party track down and arrest six netizens last year. He boasted about his power to suppress…