TSMC CEO has some huge claims regarding low smartphone demands

More From Author

See more articles

Myntra Upcoming Sales 2025: Your Fashion Calendar for Maximum...

Myntra Upcoming Sales 2025 In the ever-evolving world of fashion e-commerce, Myntra continues to be India's go-to destination...

Dimensity 6020 vs Snapdragon 695: Mid-Range Chipset Battle

Dimensity 6020 vs Snapdragon 695: Qualcomm Snapdragon 695 5G (SD695) is a fast mid-range ARM-based SoC found...

My Jio Recharge Plans as of January 4,...

My Jio Recharge Plans: Since its establishment in 2016, Reliance Jio has made a remarkable impact on...

According to TSMC Chairman Mark Liu, demand for consumer electronics such as cellphones and PCs is declining due to persistent geopolitical uncertainty and further COVID-related lockdowns in China. It’s worth noting that TSMC is the most prominent supplier of Apple.

“Everyone in the industry is worried about rising costs across the overall supply chain… The semiconductor industry already and directly experienced that cost increase,” Liu said, adding that the industry is also concerned about macroeconomic uncertainties this year.

TSMC is not modifying its growth plans, according to Liu, and it is still unable to meet customer demand with its present capacity. TSMC intends to rearrange and prioritize orders for “areas where demand is still strong.”

In the wake of reports that Apple is intending to reduce iPhone SE production, signs of a drop in customer demand surfaced this week. Apple purportedly told suppliers just weeks after the iPhone SE’s release that it plans to reduce iPhone SE manufacturing by as much as two to three million units due to “weaker-than-expected demand,” while other suppliers have denied this claim.

also read:

Google Chrome gets a new icon on its 100th Version release

source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

━ Related News

Featured

━ Latest News

Featured