TSMC says it won't be affected by eventual trade ban with Huawei

The Taiwanese chip manufacturer TSMC has confirmed that eventual trade ban with Huawei will not affect its business significantly, according to its chairman Mark Liu. Asked whether the company can fill the order gap by HiSilicon, Huawei's chip manufacturing arm, Liu said "we hope that won't happen, but if it does, we will replace it in a very short time". Analysts estimate that 60% of the TSMC revenue comes from contracts with US companies, while only 20% of them come from China. Speaking at an annual general meeting, Liu said that it is difficult to predict how fast any eventual gap...



Source: https://www.gsmarena.com/tsmc_wont_be_affected_by_eventual_trade_ban_with_huawei-news-43656.php

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