2019-11-11 09:36:00 Mon ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
Apple upstream semiconductor chipmaker TSMC boosts capital expenditures to $15 billion with almost 10% revenue growth by December 2019. Due to high global demand for faster mobile microchips and new 5G high-end smart phones, TSMC expects robust revenue and net profit growth in 2020-2022. This bullish prediction helps assuage both investor fear and anxiety in the early resolution of uncertainty around the Sino-American interim partial trade agreement. TSMC CEO C.C. Wei expects to attain 20%+ 5G smartphone market penetration for 2020. As of 2019Q4, TSMC serves several clients such as Apple, HuaWei, and Qualcomm worldwide.
Meanwhile, TSMC raises its new capital expenditures to $15 billion from an earlier conservative forecast of $10 billion for the fiscal year 2020. In recent years, TSMC surpasses its U.S. archrival Intel to become the biggest high-performance micro-chip producer as TSMC maintains its $250 billion stock market capitalization in comparison to $230 billion stock market capitalization for Intel.
From January 2019 to September 2019, TSMC ships 185 million smart phones. In fact, this achievement is only second to the Chinese tech titan HuaWei. In essence, the robust stock market momentum among HuaWei, Intel, and TSMC etc suggests that a major global tech slowdown seems less likely in the current business cycle.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2019-10-01 11:33:00 Tuesday ET

The Trump administration postpones increasing 25% to 30% tariffs on $250 billion Chinese imports after China extends an olive branch to de-escalate Sino-Ame
2020-11-10 07:25:00 Tuesday ET

The McKinsey edge reflects the collective wisdom of key success principles in business management consultancy. Shu Hattori (2015) The McKins
2018-07-07 10:33:00 Saturday ET

The east-west tech rivalry intensifies between BATs (Baidu, Alibaba, and Tencent) and FAANGs (Facebook, Apple, Amazon, Netflix, and Google). These Sino-U.S.
2018-05-15 08:40:00 Tuesday ET

Net neutrality rules continue to revolve around the Trump administration's current IT agenda of 5G telecom transformation. Republican Senate passes the
2018-05-11 09:37:00 Friday ET

OPEC countries have cut the global glut of oil production in recent years while the resultant oil price has surged from $30 to $78 per barrel from 2015 to 2
2020-10-06 09:31:00 Tuesday ET

Strategic managers envision lofty purposes to enjoy incremental consistent progress over time. Allison Rimm (2015) The joy of strategy: a bu