TSMC has warned that we will see a sharp drop of up to 11 percent in revenue in Q4 due to a slower demand for mobile devices.


According to TSMC Chairman and CEO Morris Chang, "The mobile product boat is slowing down," which will definitely influence a lot of things in Q4. While Q4 is usually quite good as it includes the Christmas shopping season, the smartphone market is quite different and judging by earlier Q4 results, TSMC predicts that it will see the same drop this year.

TSMC still expects that this year should be better than last few and TSMC's Q3 revenue was up by 5 percent, year-on-year, and ended at US $1.8 billion, a new record for TSMC.


Source: via Fudzilla.com.