Taiwan’s TSMC, world’s biggest contract chip maker, says Q1 profit dived 94.5 percent

Taiwan’s TSMC, world’s biggest contract chip maker, says Q1 profit dived 94.5 percent

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Taiwan chip maker TSMC says 1Q profit down 95 pct
TAIPEI, Taiwan — Taiwan Semiconductor Manufacturing Co., the world’s largest contract chip maker, said Thursday its profit plunged by 94.5 percent in the first quarter, as the global recession hit demand for its products. The company said net income dropped to 1.56 billion New Taiwan dollars [...]

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