TAIPEI -- The global semiconductor and smartphone markets are both at risk of contracting this year due to the coronavirus, one of the industry's leading manufacturers said Thursday.
Taiwan Semiconductor Manufacturing Co., the world's biggest contract chipmaker and a key supplier to electronics giants including Apple and Huawei Technologies, said it had significantly lowered its 2020 forecast for the semiconductor market, excluding memory, to zero growth or even a slight decline, compared with the 8% expansion it predicted in January.
