TSMC hopes to make up lost orders from chemical flub

Taiwan Semiconductor Manufacturing Company, Apple’s supplier for the A-series chipsets on the iPhones, is expected to lose out on $550 million in sales this quarter.

The company told investors in a forecast revision that it had to take out a higher number of 12nm and 16nm wafers due to customers this quarter — likely for mid-range offerings to competing firms like Huawei and MediaTek — as a result of a substandard chemical treatment. It looks to make up those orders in the second quarter, though, and rake back the lost $550 million in the process.

Digitimes reports TSMC will offset the loss in this quarter with an expected peak in demand for other products that could add $230 million to its coffers. Overall, the company looks to make up to $7.1 billion in revenue with operating turnover of up to $2.2 billion.

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Jules Wang
Jules Wang is News Editor for Pocketnow and one of the hosts of the Pocketnow Weekly Podcast. He came onto the team in 2014 as an intern editing and producing videos and the podcast while he was studying journalism at Emerson College. He graduated the year after and entered into his current position at Pocketnow, full-time.