TAIPEI -- Taiwan Semiconductor Manufacturing, the world's biggest contract chip maker and the main chip supplier to Apple and Chinese telecoms giant Huawei, said on Thursday that it was "prepared" for any new restrictions on U.S. technology that Washington may place on its Chinese clients as it forecast a rise in sales for the coming year.
TSMC, which is a bellwether for the global tech industry, said that the rollout of high-speed 5G services and other high performance applications, such as artificial intelligence and self-driving cars, would continue to boost its sales, despite the heightened possibility that supply chains will decouple amid the rivalry between the U.S. and China for global tech supremacy.
