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TSMC says demand for smartphones, PCs starting to slow

Rising costs could be passed on to consumers, chairman of tech titan warns

Taiwan tech titan TSMC says demand for consumer electronics is starting to slow, especially in China.   © AP

HSINCHU, Taiwan -- Consumer electronics demand is showing signs of slowing amid geopolitical uncertainties and COVID-related lockdowns in China, the chairman of Taiwan Semiconductor Manufacturing Co. said on Wednesday.

The slowdown is emerging in areas "such as smartphones, PCs, and TVs, especially in China, the biggest consumer market," TSMC Chairman Mark Liu said.

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