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Monday, 01/25/2016 8:25:55 AM

Monday, January 25, 2016 8:25:55 AM

Post# of 151685
TSMC forecasts 11% YoY decline in Q1 revenues
http://finance.yahoo.com/news/fewer-orders-apple-suppliers-could-014332497.html

But TSMC, which makes some of the chips that go into iPhones, forecast this month that first-quarter revenues would likely fall by up to 11 percent year-on-year, adding that demand for high-end smartphones would also be weak.

An 11 percent quarterly decline would be the steepest revenue drop for TSMC in almost 7 years, Thomson Reuters data shows.


I guess this means the smart phone is dead right? big smile
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