TSMC raises IC market forecasts for 2017

Taiwan Semiconductor Manufacturing Company (TSMC) has revised upward its forecasts for global foundry and overall IC market outlook for 2017 to a 7% and 16% growth, respectively, compared to 6% and 12% forecast previously. The foundry house also expects its capex for the year to reach US$10.8 billion compared with the US$10 billion guided previously.

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