Semiconductor sector to grow again: TSMC

CUTTING EDGE:The company expects double-digit growth in its annual revenue this year, thanks to the advances it has made in the 16-nanometer chip technology

Taipei Times
Date: Dec 04, 2015
By: Lisa Wang  /  Staff reporter in Hsinchu

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract

Taiwan Semiconductor Manufacturing Co co-chief executive officer Mark Liu presents an award at a supply chain management forum in Taipei yesterday.  Photo: Hung Yu-fang, Taipei Times

Taiwan Semiconductor Manufacturing Co co-chief executive officer Mark Liu presents an award at a supply chain management forum in Taipei yesterday. Photo: Hung Yu-fang, Taipei Times

chipmaker, yesterday said that it expects the overall semiconductor industry to return to growth next year after a prolonged period of inventory correction.

TSMC said that is a positive sign for the industry, which might head for a recovery next quarter.

“Inventory correction in the industry would be mostly finished by the end of this year,” TSMC co-chief executive officer Mark Liu (劉德音) said in a keynote speech during the company’s annual Supply Chain Management Forum in Hsinchu.

“When we enter next year with a healthy level of inventory, we expect the semiconductor industry to return to growth trajectory,” Liu said.     [FULL  STORY]

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