U.S. brokerage cuts target price on TSMC shares amid COVID-19 concerns

A U.S.-based brokerage has lowered its target price for shares in contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), citing the escalation of the COVID-19 pandemic worldwide, which coul...

TSMC to recruit over 4,000 new staff for high-end process development

Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, said Tuesday it is planning to hire more than 4,000 new staff this year at a time when the company is gearing...

Taiwan’s minister of economic affairs discloses priorities

TAIPEI (Taiwan News) — Minister of Economic Affairs Shen Jong-chin (沈榮津) said on Wednesday that his work priorities for this year are to facilitate investment by reshoring Taiwanese businesses a...

South Korea no rival to Taiwan in semiconductor industry: minister

TAIPEI (Taiwan News) — South Korea can hardly compete with Taiwan in semiconductor manufacturing despite the ambitious move by Samsung Electronics to put a 3-nanometer semiconductor node into co...

U.S. brokerage raises target price on TSMC shares to over NT$400

An American brokerage has increased its target price on shares of Taiwan Semiconductor Manufacturing Co. (TSMC) to NT$402 (US$13.42) after the company's strong 2020 guidance at an investor confere...

TSMC forecasts 2020 sales growth at over 17%

Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, said on Thursday that its consolidated sales for 2020 will grow more than 17 percent from a year earlier in 2...

TSMC's supply of 14-nm chips to China’s Huawei threatened by US

TAIPEI (Taiwan News) — New measures by the United States could threaten Taiwan Semiconductor Manufacturing Co. (TSMC) supply of 14-nanometer chips to China’s Huawei, reports said Wednesday...

Taiwan's MediaTek sales to grow 20% in 2020 on 5G chips: U.S. brokerage

MediaTek Inc., the largest integrated circuit designer in Taiwan, will see 20 percent sales growth in 2020 on the back of new 5G chips, a U.S. brokerage forecast Wednesday. In a research note, the ...

Taiwan's TSMC set to rank as world's No. 3 chip supplier

Contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) is expected to rank as the world's third largest integrated circuit supplier in 2019, while MediaTek Inc., a Taiwanese IC designer,...

Taiwan TSMC's capex forecast to hit high in Q4: advisory firm

On the back of the need for high-end technology development, Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, is expected to achieve a quarterly high in capit...

Founder ‘not surprised’ at record-high TSMC share prices

TAIPEI (Taiwan News) – Morris Chang (張忠謀), founder of the world leading semiconductor foundry TSMC, expressed no surprise at the company’s record-setting stock price, which spiked at NT$30...

TSMC files countersuit against GlobalFoundries

Taiwan Semiconductor Manufacturing Co.(TSMC), the world's largest contract chipmaker, has countersued U.S.-based rival GlobalFoundries Inc. in the United States, Germany and Singapore, accusing it...

U.S. brokerage upbeat about TSMC sales growth, raises target price

A U.S.-based brokerage has raised its target price on shares in contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC), with the securities house expressing optimism about sales growth momen...

President Tsai reaffirms commitment to Taiwan’s semiconductor industry

President Tsai Ing-wen said Sept. 19 that the government is committed to developing Taiwan’s semiconductor industry to ensure the country remains one of the top investment destinations for high-...

TSMC to recruit 3,000 engineers in Taiwan

TAIPEI (Taiwan News) – Taiwan Semiconductor Manufacturing Co. (TSMC), the largest contract chipmaker in the world, is looking for nearly 3,000 engineers for three locations in Taiwan, reports sa...