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
Date: Dec 04, 2015
By: Lisa Wang / Staff reporter in Hsinchu
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract
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]