Sentiment is quite downbeat after the overnight developments. Asia Society Policy Institute Vice President and Managing Director Wendy Cutler told Bloomberg Television that she fears the world is headed for a trade war.
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Taiwan Semiconductor Manufacturing Company TSM reported first-quarter 2018 earnings of 59 cents per which missedmarket forecasts and also declined from 64 cents reported in the previous quarter. However, it surged from the year-ago bottom-line figure of 54 cents.
Adjusted revenues grew 12.7% on a year-over-year basis but fell 8.2% sequentially to $8.46 billion. The figure came slightly ahead of marerket estimate of $8.45 billion.
first and second quarters are always lower, but yoy is still gain even after they adjusted forcast for coming quarter. the main reason for their earnings soft is mixed, mainly due to weak usd, and also others small small things add up. the market concerns about is the drop of the sales on mobile division, they said is one of the high end product selling soft and will continue to soft for coming quarter, so that obviously indicate the fruit company product.
question, what frontkn do with the fruit company product?
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spixon
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Posted by spixon > 2018-03-19 16:20 | Report Abuse
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