Global semiconductor sector to see 4.5-5.5% CAGR in next decade, says Morris Chang

The global semiconductor sector will grow 2-3pp more than the global GDP expansion and see a 4.5-5.5% compound annual growth rate (CAGR) in the next 10 years, with Taiwan Semiconductor Manufacturing Company (TSMC) to perform even better than the sector's average to reach 5-10% growth, according to TSMC chairman Morris Chang.

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