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Taiwan Semi Is Betting $28 Billion on Rising Demand for Chips


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Amid global shortages of semiconductors ranging from chips for autos to graphics processors, Taiwan Semiconductor Manufacturing said early Thursday it plans to spend $28 billion to increase the capacity of its plants.
Taiwan Semi’s (ticker: TSM) American depositary receipts rose 9% to $129.68 in afternoon trading.
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Taiwan Semi Is Betting $28 Billion on Rising Demand for Chips
Amid global shortages of semiconductors ranging from chips for autos to graphics processors, Taiwan Semiconductor Manufacturing said early Thursday it plans to spend $28 billion to increase the capacity of its plants.
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Source : vimarsana

Samsung Seizes Smartphone Initiative as Sanctions Hobble Huawei


Samsung Seizes Smartphone Initiative as Sanctions Hobble Huawei
South Korean giant recently forecast 25% jump in quarterly operating profit, aided by resurgent phone sales
Aug. 6, 2020: Samsung’s Galaxy Note smartphones have always been known for on-the-go productivity, but now we’re not going anywhere. WSJ’s Joanna Stern looks at how Samsung’s changed the phone—and its promotional messages—due to Covid-19. (Originally published Aug. 5, 2020)
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Jan. 12, 2021 6:13 am ET
SEOUL—Huawei Technologies Co.’s sanctions-induced smartphone slump has rivals seeing opportunity in a market where switching brands is rare.
With U.S. restrictions curbing its access to key parts, Huawei has suffered a plunge in sales in recent months, most strongly benefiting South Korea’s Samsung Electronics Co. and other Chinese makers.

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Samsung Expects 25% Rise in 4th-Quarter Operating Profit

The South Korean company’s projection indicates continued demand for its tech components amid the coronavirus pandemic.

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