The logo of Taiwan Semiconductor Manufacturing Co, the world’s largest contract chip maker, is displayed at the company's headquarters in Hsinchu, Taiwan. Photo: Bloomberg
The logo of Taiwan Semiconductor Manufacturing Co, the world’s largest contract chip maker, is displayed at the company's headquarters in Hsinchu, Taiwan. Photo: Bloomberg

Chip maker TSMC’s record profit beats forecasts ahead of new iPhones

  • The world’s largest contract chip maker saw its net income for the September quarter rise to an all-time high of US$4.8 billion, buoyed by orders from biggest customer Apple
  • The Taiwanese company also received a boost during the quarter, as second-biggest customer Huawei raced to stockpile supplies before a US ban on the telecoms giant came into effect in September

The logo of Taiwan Semiconductor Manufacturing Co, the world’s largest contract chip maker, is displayed at the company's headquarters in Hsinchu, Taiwan. Photo: Bloomberg
The logo of Taiwan Semiconductor Manufacturing Co, the world’s largest contract chip maker, is displayed at the company's headquarters in Hsinchu, Taiwan. Photo: Bloomberg
READ FULL ARTICLE