Taiwan's chip sector robust as US-China reach truce

Bellwether TSMC bullish on demand while broader tech industry still waits for a boost

20191219 tech tracker main

TSMC, an industry bellwether, has lead the recovery in Taiwan's chip sector.  © Reuters

CHENG TING-FANG and LAULY LI, Nikkei staff writers

TAIPEI -- Taiwan's four big chip companies reported a robust 8% growth in revenue in November, continuing a recovery they began in June and outperforming a broader tech industry that saw revenue shrink on the year.

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