Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.
BREAKING NEWS

TSMC second quarter net profit falls 7.6%

TSMC second quarter net profit falls 7.6%
FILE PHOTO: A logo of Taiwan Semiconductor Manufacturing Co (TSMC) is seen at its headquarters in Hsinchu, Taiwan August 31, 2018. REUTERS/Tyrone Siu -
Copyright
Tyrone Siu(Reuters)
Euronews logo
Text size Aa Aa

TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker, posted on Thursday a 7.6% fall in second-quarter net profit.

TSMC, whose clients include iPhone maker Apple Inc, said April-June profit was T$66.765 billion (1.73 billion pounds). That compared with the T$65.92 billion average of 21 analyst estimates compiled by Refinitiv.

(Reporting by Yimou Lee; Editing by Christopher Cushing)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.