The logo of Taiwan Semiconductor Manufacturing Co is pictured at its headquarters, in Hsinchu, Taiwan, January 19, 2021. REUTERS/Ann WangSees chip shortage for auto customers easing from Q3posted record quarterly sales and forecast revenue for the current quarter will jump by at least a fifth, boosted by a pandemic-led surge in global demand for semiconductors that power smartphones, laptops and cars.
Revenue for April-June at Taiwan Semiconductor Manufacturing Co Ltd , the world's largest contract chipmaker and a major Apple IncFor the quarter ending in September, TSMC forecast revenue of $14.6 billion to $14.9 billion, compared with $12.1 billion in the same period a year earlier. TSMC's business has been supported by a global chip shortage that has forced automakers to cut production and hurt manufacturers of smartphones, laptops and even appliances during the pandemic.
On Thursday, TSMC said on an analyst call that the auto chip shortage will gradually reduce for its customers from this quarter but expects overall semiconductor capacity tightness to extend possibly into next year.
Source: Car News Wire (carnewswire.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S.-China tensions over Taiwan threaten peace, Japan warnsGrowing military tensions around Taiwan as well as economic and technological rivalry between China and the U.S. threaten peace and stability in East Asia, Japan says.
Source: MSNBC - 🏆 469. / 51 Read more »
Earthquake, Magnitude 5.2 - TAIWAN - 2021 July 13, 22:52:05 UTCMagnitude: Mw 5.2, Region: TAIWAN, Date time: 2021-07-13 22:52:05.2 UTC, Location: 23.92 N ; 121.64 E, Depth: 10 km. Hualian, Taiwan
Source: LastQuake - 🏆 653. / 51 Read more »
Series of earthquakes in eastern Taiwan causes some damageTAIPEI, Taiwan (AP) — A series of more than 20 earthquakes struck the east coast of Taiwan on Wednesday morning, causing some damage. The Central Weather Bureau reported 22 quakes over two hours starting at 6:52 a.m.
Source: AP - 🏆 728. / 51 Read more »
Taiwan to get 2 mln more doses of COVID-19 vaccineAlmost 2 million more doses of COVID-19 vaccine will arrive in Taiwan on Thursday, consisting of direct purchases and a third donation from Japan, the government said, as the island ramps up inoculations, with domestic cases well under control.
Source: Reuters - 🏆 2. / 97 Read more »
What’s Worse Than a Chip Shortage? Buying Fake OnesThe global chip shortage has created a gold mine for bad actors, as dubious sellers buy ads on search engines to lure desperate buyers. wow For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Beresford_C_56 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success
Source: WSJ - 🏆 98. / 63 Read more »
The used-car market sent American inflation soaring in JuneThe prices of used cars and trucks rose 45% over the past year in America, the largest 12-month increase ever reported And in Turkey. Prices of Cars remained from the Stone Age have doubled or tripled Used car prices are the surest way to evaluate inflation everywhere in the world.If car prices increase with age,it means we have double-digit inflation.
Source: TheEconomist - 🏆 6. / 92 Read more »