• Home
  • About
  • Contact us
Tech News, Magazine & Review WordPress Theme 2017
  • Computing
  • Entertainment
  • Gaming
  • Mobile
  • Science
  • Security
  • Services
  • Software
  • Space
No Result
View All Result
  • Computing
  • Entertainment
  • Gaming
  • Mobile
  • Science
  • Security
  • Services
  • Software
  • Space
Technovanguard — Be at the forefront of technology news
No Result
View All Result

Apple supplier TSMC sales set sixth quarterly record on strong chip demand

Justin Rowell by Justin Rowell
29.09.2022
Home Computing

Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest foundry, reported a sixth straight quarter of record sales, thanks to strong demand from Apple and other customers for semiconductors.

Apple supplier TSMC sales set sixth quarterly record on strong chip demand

Debby Wu for Bloomberg:

Revenue for the December quarter jumped 21% to NT$438.2 billion ($15.8 billion), according to monthly figures released by TSMC Monday. That compared with the NT$436.2 billion consensus estimate and the company’s own forecast of sales of as much as $15.7 billion.

TSMC produces the chips that go into everything from the latest iPhones to cars from the world’s top automakers. With the global semiconductor shortage showing no signs of abating, Asia’s most valuable company has been running in high gear for the past year, driving the chipmaker to invest heavily in new fabs and manufacturing lines to meet customer demand.

Delivery times for chips increased by six days to about 25.8 weeks in December compared with November, according to research by Susquehanna Financial Group. That lag marks the longest wait time since the firm began tracking the data in 2017.

Technovanguard Take: We’ll find out if this portends good things for Apple when the company reports its own holiday quarter (Q122) results on January 27th.

Please help support Technovanguard. Click or tap here to support our independent tech blog. Thank you!

The post Apple supplier TSMC sales set sixth quarterly record on strong chip demand appeared first on Technovanguard.


Next Post
Newly discovered isotope is a record breaker

Newly discovered isotope is a record breaker

Recommended.

How to Preserve Your Capital in a Tightened Regulatory Environment

How to Preserve Your Capital in a Tightened Regulatory Environment

01.02.2024
Tech Industry Faces Unprecedented Workforce Challenges as Layoffs Surpass 2022 Numbers

Tech Industry Faces Unprecedented Workforce Challenges as Layoffs Surpass 2022 Numbers

01.02.2024

Trending.

Google’s Financial Triumphs and Challenges: 100 Million Google One Subscribers, Cloud Profits, and Strategic Moves

Google’s Financial Triumphs and Challenges: 100 Million Google One Subscribers, Cloud Profits, and Strategic Moves

01.02.2024
Singtel Collaborates with Nvidia, Unveils Nxera for AI-Focused Datacenters Across Southeast Asia

Singtel Collaborates with Nvidia, Unveils Nxera for AI-Focused Datacenters Across Southeast Asia

01.02.2024
Technovanguard — Be at the forefront of technology news

Technovanguard - The latest news from the world of IT and modern technologies.

Categories

  • Computing
  • Entertainment
  • Gaming
  • Internet
  • Mobile
  • News
  • Science
  • Security
  • Services
  • Software
  • Space
  • Без рубрики

Tags

best bitcoin casino best bitcoin gambling site best crypto casino bitcoin gambling site btc casino cloud services digital services FEATUREDNEWS IT linkedin connection message linkedin connection request template linkedin connect message examples linkedin networking message template linkedin sales message Recommended top bitcoin casinos Trending

Recent News

Lessons From The Trading Floor: Building Trust In The CFD Market

21.05.2025
Residential homes made of foam

Prejudice to Foam and Its Impact on People’s Lives

02.04.2025
  • Home
  • About
  • Contact us

© 2021 technovanguard.com. Submit news release

No Result
View All Result
  • Computing
  • Entertainment
  • Gaming
  • Mobile
  • Science
  • Security
  • Services
  • Software
  • Space

© 2021 technovanguard.com. Submit news release