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TSMC reports first profit drop in 4 years as electronics demand slump continues

by Editor July 20, 2023, 8:38 am 1.1k Views

TSMC reports first profit drop in 4 years as electronics demand slump continues

A woman walks past a Taiwan Semiconductor Manufacturing Company (TSMC) logo at the Hsinchu Science Park in Hsinchu on July 5, 2023. (Photo by Sam Yeh / AFP) (Photo by SAM YEH/AFP via Getty Images)

Sam Yeh | Afp | Getty Images

Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker, posted a second-quarter profit plunge Thursday as demand for consumer electronics continues to slump.

Here are TSMC’s second quarter results…

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Posted by Editor

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