C.C. Wei

For advanced packaging, demand was very strong and TSMC can't offer enough capacity to support customers, which will continue to next year, he added.Taiwanese chipmaker TSMC projected on Thursday more than 20% growth in 2024 revenue on booming demand for high-end chips used in artificial intelligence (AI) applications even as the broader industry deals with weak smartphone and electric vehicle sales. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest…

Samsung Electronics Co. has been granted a one-year exemption from new U.S. curbs on China’s chip industry, according to people familiar with the matter, joining a list of semiconductor companies that have received dispensation. The U.S. Department of Commerce granted Samsung authorization to continue receiving chip-making equipment and other items needed to maintain its memory-chip production in China, the people said. The South Korean company…