PROGRESS: Faster development of 5G technology should lift demand for chips used in smartphones, base stations, autonomous vehicles and Internet of Things, TSMC said
Taipei Times
Date: Jul 19, 2019
By: Lisa Wang / Staff reporter
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s biggest contract chip
Taiwan Semiconductor Manufacturing Co chief executive C.C. Wei, left, and chairman Mark Liu, center, listen while chief financial officer Lora Ho speaks at a news conference yesterday in Taipei on the company’s second-quarter results.
Photo: Liao Chen-huei, Taipei Times
After a bleak first half, TSMC chief executive officer C.C. Wei (魏哲家) told investors that “we have begun to see demand increasing.”
“Moving into the third quarter of this year, TSMC’s business continues to be driven by new product launches of premium smartphones, an acceleration of worldwide 5G deployment and increasing adoption of our industry-leading 7-nanometer technology by high-performance computing applications,” Wei said.
The Hsinchu-based chipmaker counts Apple Inc, Hisilicon Technologies Co (海思) and Advanced Micro Devices Inc as major clients. [FULL STORY]
