Bits + chips
TSMC expects up to 10% revenue drop in 1Q17, cautious about 2Q
Josephine Lien, Taipei; Jessie Shen, DIGITIMES

Pure-play foundry Taiwan Semiconductor Manufacturing Company (TSMC) has forecast revenues will fall up to 10% sequentially in the first quarter of 2017, and expressed caution over the prospects for the second quarter.

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