TMSC saw their quarterly profits plunge the highest since 2019. However, the company says that the the PC and smartphone market concerns are abating and chip demand is rising again.
Taiwan Semiconductor Manufacturing Company, also known as Taiwan Semiconductor, operates as a semiconductor foundry.
Taiwan Semiconductor Manufacturing Company, Limited, is the world’s largest dedicated independent (pure-play) semiconductor foundry, with its headquarters and main operations located in the Hsinchu Science and Industrial Park in Hsinchu, Taiwan.
TSMC is also occasionally referred to as Taiwan Semiconductor or TSM, but it’s unrelated to another similarly named company Taiwan Semiconductor Co Ltd (TSC), which is a manufacturer of discrete semiconductor components.
Manufacture of Integrated circuits and related services
TMSC saw their quarterly profits plunge the highest since 2019. However, the company says that the the PC and smartphone market concerns are abating and chip demand is rising again.
ASML is taking a conservative view of 2024, with revenue projections similar to 2023.
Aside from the popular Apple and Samsung brands, Huawei is probably one of the few other companies that has designed its smartphone processor.