Taiwan's TSMC posted a 19.4% rise in quarterly net profit on Thursday, Reuters calculations showed, boosted by demand for high-end chips from people splurging on devices during Covid-19 and from Apple Inc's new iPhone.
Net profit for January-March at Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker, was T$139.7 billion ($4.91 billion).
That was more than the T$134.01 billion average of 22 analyst estimates compiled by Refinitiv.
Published 15 April 2021, 07:04 IST