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TSMC reports better-than-expected October sales, but large drop expected through rest of year

Claire Sung, Taipei; Meiling Chen, DIGITIMES Asia 0

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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