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
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]
