TSMC takes $550m hit on defective photoresist material

TSMC has completed of an assessment of all wafers recently affected by a batch of problematic photoresist material, and has concluded that the incident will reduce TSMC’s Q1 revenues by about US$550 million. The incident will reduce gross margin by 2.6pp, operating margin by 3.2pp, and EPS by NT$0.42, said TSMC. TSMC said it discovered ...

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