TSMC is considered somewhat more resistant to a downturn thanks to its commanding position in the production of high-end chips. Photo: Bloomberg TSMC is considered somewhat more resistant to a downturn thanks to its commanding position in the production of high-end chips. Photo: Bloomberg
TSMC is considered somewhat more resistant to a downturn thanks to its commanding position in the production of high-end chips. Photo: Bloomberg
Semiconductors

TSMC posts biggest profit beat in six years as it weathers pandemic, Huawei ban

  • Apple’s main iPhone chip maker reported net income of NT$120.8 billion on Thursday, beating analyst estimates of NT$110.6 billion on average
  • The Taiwanese chip maker also reported a gross margin of 53 per cent, exceeding its previous guidance of 50 per cent to 52 per cent

Topic |   Semiconductors
TSMC is considered somewhat more resistant to a downturn thanks to its commanding position in the production of high-end chips. Photo: Bloomberg TSMC is considered somewhat more resistant to a downturn thanks to its commanding position in the production of high-end chips. Photo: Bloomberg
TSMC is considered somewhat more resistant to a downturn thanks to its commanding position in the production of high-end chips. Photo: Bloomberg
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