TAIPEI, Taiwan—TSMC, the biggest contract manufacturer of processor chips for Apple Inc. and other global brands, said Thursday its latest quarterly profit rose 11.2 percent over a year earlier to $4.8 billion as demand for smartphones and consumer electronics increased. Sales in the three months ending June 30 rose 19.8 percent to $13.3 billion, said…
China in Focus (March 5): U.S. May Ease Ban on China’s Main Chipmaker
The U.S. may soon ease trade restrictions on China’s largest microchip maker. Former President Trump had put the company on a trade blacklist over its ties to the Chinese military. A Chinese internet censor says he helped the Communist Party track down and arrest six netizens last year. He boasted about his power to suppress…
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