TSMC downgrades 4Q sales forecast by 8-9%, but no layoffs planned

Claire Sung, Taipei; Yvonne Yu, DIGITIMES Asia 0

Amid a global economic downturn that has lead to declining semiconductor sales, leading global pure-play foundry Taiwan Semiconductor Manufacturing Company (TSMC) has announced that its fourth-quarter sales will come in well below the company's previous...

The article requires paid subscription. Subscribe Now