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Bits + chips
TSMC reports better-than-expected October sales, but large drop expected through rest of year
Claire Sung, Taipei; Meiling Chen, DIGITIMES
Taiwan Semiconductor Manufacturing Company (TSMC) reported October consolidated sales at NT$29.5 billion (US$898.53 million), up 0.6% sequentially. However, the company expects fourth-quarter sales to see 23-25% decline due to an economic downturn....
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The coronavirus outbreak has disrupted production and weakened consumer confidence, with all ICT sectors bracing for major declines in shipments. Digitimes Research has conducted analyses on three mobile device sectors, namely notebooks, smartphones and tablets in the wake of the outbreak.