Taiwan Semiconductor Producing Co. said that its 3rd-quarter net profit rose 80% to a new history, and that it experienced been granted a one-12 months exemption from new U.S. limitations on China’s chip sector, making it possible for it to preserve growing its services in the place.
The world’s largest deal chip maker’s robust efficiency in the quarter was due to solid income of its reducing-edge chips employed in smartphones and other products, as well as higher margins.