Monday, April 23, 2018

Apple A12 and Snapdragon 700 Chip Production May Lead TSMC to Earn Record Profits in 2018 After All

Last week, Apple supplier TSMC saw its shares decline around nine percent after it cut its full-year revenue growth target to 10 percent, compared to its previous 10-15 percent estimate. The manufacturer blamed the cut on lower-than-expected smartphone demand and growing uncertainty in the cryptocurrency mining market. Apple’s stock also declined around four percent on Friday, as many analysts

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