TSMC's Q1 2016 revenues decline 18 percent
Low-end, midrange smartphone demand offset February earthquake
On Thursday Taiwan Semiconductor Manufacturing Company announced an 18 percent quarterly revenue decline for Q1 2016 from the same timeframe a year ago in Q1 2015. The chip manufacturing giant also announced Q1 2016 net profit of $2 billion USD ($64.78 billion TWD), representing an 8.3 percent quarterly profit decline from the same timeframe a year ago in Q1 2015.
Recent Taiwan earthquake impact larger than expected
Damage to Fab 14 may affect iPhone 7 production
A recent 6.4-magnitude earthquake in the southern Taiwan region that killed at least 116 people was originally expected to have a less than 1 percent impact on semiconductor manufacturing in the region. TSMC now expects to have an impact above 1 percent, according to an updated report from DigiTimes.
TSMC constructs second 12-inch fab for 20nm wafers
20nm volume production begins Q1 2014