TSMC Q2 Revenue Heating Up

Reported 10 months ago

On June 20, 2024, analysts are optimistic about TSMC's revenue in the second half of the year, as the company seizes opportunities in high-end mobile display chip market while launching a 22nm embedded high-voltage (eHV) technology platform. TSMC's advanced solutions are expected to drive the development of high-end smart phones and mobile device displays, with energy consumption reduced by 30% compared to the 28nm eHV process. With TSMC's revenue picking up significantly after entering the second quarter, market outlook is positive for a double-digit growth in Q2 due to strong revenue performance in April and May.

Source: YAHOO

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