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TSMC expects semiconductor industry growth of over 10% this year

HSINCHU, Taiwan -Taiwanese contract chipmaker TSMC, a major supplier to Apple and Nvidia, on Thursday forecast an annual revenue growth of 10% in the global semiconductor industry,.
-May 23, 2024 at 12:25 am EDT
- MarketScreener ....

Cliff Hou , Kim Coghill , Anne Marie Roantree , Reporting By Faith Hung ,

TSMC sees annual sales growth to reach 10% in semiconductor industry

HSINCHU, Taiwan -Taiwanese contract chipmaker TSMC, a major supplier to Apple and Nvidia, on Thursday forecast an annual revenue growth of 10% in the global semiconductor industry,.
-May 23, 2024 at 12:25 am EDT
- MarketScreener ....

Anne Marie Roantree , Kim Coghill , Cliff Hou , Sherry Jacob Phillips , World Semiconductor Trade Statistics , Semiconductor Trade Statistics , Reporting By Faith Hung ,

Shares of Foxconn's EV unit slide 9% in market debut

Shares of Foxtron Vehicle Technologies, a unit of iPhone supplier Foxconn, fell as much as 9% in their market debut on Monday, hurt concerns over potential headwinds in the highly competitive electric vehicle market. In addition to inflation and high interest rates which have raised the cost of buying a car, EV makers are also grappling with supply-chain bottlenecks and pricing pressure from the likes of Tesla, which led EV price cuts this year. Tesla CEO Elon Musk last month raised concerns about expanding factory capacity until interest rates ease, echoing similar notes of caution from General Motors and Ford. ....

T Ai Pei , United States , Elon Musk , Anne Marie Roantree , Shri Navaratnam , Young Liu , Mega International Securities , Foxtron Vehicle Technologies , General Motors , North America , Southeast Asia , Reporting By Faith Hung , Electric Vehicle Market , Market Debut ,