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Foundry PSMC sees 1Q22 gross margin exceed 50%

Monica Chen, Hsinchu; Jessie Shen, DIGITIMES 0

PSMC president Brian Hsieh

Pure-play foundry Powerchip Semiconductor Manufacturing (PSMC) saw its gross margin climb to a record high of 51% in the first quarter of 2022, when net profits grew 6.8% sequentially to NT$6.62 billion (US$227.5 million) - also a historic high.

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