TAIPEI : Taiwanese chipmaker TSMC is expected to report a 27 per cent fall in second-quarter net profit on Thursday, as global economic woes dent demand for semiconductors, though analysts say business performance is likely to improve in the current quarter.Taiwan Semiconductor Manufacturing Co Ltd (TSMC)
TAIPEI : Taiwanese chipmaker TSMC is expected to report a 27 per cent fall in second-quarter net profit on Thursday, as global economic woes dent demand for semiconductors, though analysts say business performance is likely to improve in the current quarter.
Analysts at Taiwan's Fubon Investment said they expected the second quarter to be the bottom of the current downcycle but that while the situation should improve in the third quarter, it would be weaker than normal given continued inventory build ups that are still being worked through. The second quarter is traditionally a slow period for sales for the tech industry with demand usually picking up in the third quarter and towards the year-end shopping season.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Television star Makiyo announces divorce one year after marriageTAIPEI – Taiwanese-Japanese television star Makiyo Kawashima and her husband, who is known only as Mr Chin, have divorced a little more than one year after marriage. The 39-year-old singer-host, who is known mononymously as Makiyo, announced her divorce on social media on...
Read more »
Actor Kai Ko’s face injured by dog months after scarring incidentTAIPEI – Taiwanese actor Kai Ko has suffered another facial injury months after a filming accident in 2022. The 32-year-old posted three photos on Instagram Stories on Sunday, with the first one showing a photo of his bloodied right hand. He wrote in Chinese: “Please...
Read more »
Taiwanese man gets 3 months in prison for logging into wife’s Facebook account to win her backIndividuals do not forfeit their privacy rights when they get married, the court ruled. Read more at straitstimes.com.
Read more »
Taiwanese man gets 3 months in prison for logging into wife’s Facebook account to win her backA man in Taiwan landed in the soup after logging into his wife’s Facebook account in a desperate bid to win her back after a bitter dispute. For that privacy breach, a court sentenced him to three months in prison, commutable to a fine of NT$1,000 (S$43) a...
Read more »
China slams planned US visit by ‘separatist’ Taiwan presidential front runner William LaiThe Taiwanese government said it saw no reason to overreact to mere transit stops. Read more at straitstimes.com.
Read more »
'Winner of IDGAF award': Hwasa responds to being sued after suggestive dance move on stageIt's been a week since a police report was filed against Mamamoo's Hwasa, but she seemingly remains unbothered by the incident. Almost two months after Hwasa performed at the Sungkyunkwan University Festival, South Korean media Chosun Ilbo reported on July 10 that the Student Parent's Rights Protection Union filed a police complaint against the 27-year-old. During the performance of her...
Read more »