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Lower Emerging Market Smartphone Demand Sinks TSMC's Net Profit
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Taiwan Semiconductor Manufacturing Co., Ltd. revealed during its latest earnings conference that the company's net profit decreased by 1.3% year-on-year to NTD75.33 billion, which was about USD2.33 billion, in the third quarter of 2015. TSMC said that due to the declining demands of smartphones in the emerging markets and severe market competition, the company's net […]
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