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Apple supplier TSMC, the world’s biggest contract chip maker, to keep spending in check amid weak global semiconductor demand

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Apple supplier TSMC, the world’s biggest contract chip maker, to keep spending in check amid weak global semiconductor demand


Chip maker TSMC’s strategy for 2023 reflects a calculated move to ensure that the company would be more than capable to meet demand in the second half of the year, when it expects global semiconductor sales to rebound. Photo: Shutterstock

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