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TSMC guides third-quarter revenue up at least 15 percent on new mobile devices launch

Reuters  |  TAIPEI 

By Jess Macy YuTAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co, the world's largest contract chipmaker and a key Apple supplier, forecast third-quarter revenue to rise at least 15 percent from the last quarter due to new mobile devices-related product launches.Taiwan's most valuable company, which has a market capitalisation that exceeds Intel Corp's, said on Thursday revenue for the July-Sept quarter will be between $8.12 billion and $8.22 billion, compared to the $7.06 billion posted for the April-June quarter.TSMC and its rivals are riding a boom in demand for chips that power ...

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First Published: Thu, July 13 2017. 13:28 IST