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Apple supplier TSMC raises capex at least 10 percent partly on

2016-01-14 12:54:21| Semiconductors - Topix.net

Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd on Thursday said it would raise capital expenditure by at least 10 percent from 2015's four-year low, partly driven by growth in the global smartphone market. The world's biggest contract chipmaker estimated 2016 capex of $9 billion to $10 billion and said it expects global smartphone shipments to expand 8 percent.

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