TSMC sees sales increase
 

37 per cent jump

TSMC is predicting a 37 per cent jump in current-quarter sales even if chip capacity remains tight this year.

TSMC forecast revenue of $17.6 billion to $18.2 billion in the quarter ending June 30, up from $13.29 billion a year earlier.

The company said that it was working to address supply chain challenges with tool suppliers to help them expand capacity.

CEO C.C. Wei told an online earnings briefing, referring to a cycle of shortages where makers of chip equipment are struggling to find the chips needed for equipment to supply chipmakers like TSMC.

"Our suppliers are facing great challenges in their supply chain from the continued impact of COVID-19, which are creating labour, component and chip constraints in their supply chains, and extending tool delivery time for both advanced and mature nodes," he said.

https://fudzilla.com/news/54698-tsmc...sales-increase