TAIPEI -- Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, on Thursday said the second quarter ending in June would be a weak one, due to a slowdown in China and inventory correction in the smartphone, computer and consumer electronics segments.
"Our second quarter revenue guidance reflects a quite severe inventory adjustment from our customers, particularly in the smartphone and PC markets," said Mark Liu, TSMC's co-chief executive. But Liu said that the inventory correction from the supply chain would end by June.
