[ad_1]
Yesterday, Taiwan Semiconductor Manufacturing Company (TSMC), through a statement, detailed the expectations that the manufacturer is managing for the third quarter of the year in the semiconductor market and predicted a decline sales of these components for the creation of equipment for criptominería despite starting massive solid-state production of 7 nanometers in June.
In the statement to the United States Securities and Exchange Commission, TSMC, the world's largest semiconductor foundry company, announced that its revenues in the second quarter of year were down 7.2% from the previous quarter, but up 11.2% from the same quarter of 2017.
report, Lora Ho, vice president and chief financial officer The company said the profits were affected as the season of announcements and launches of mobile devices s as phones and tablets were already sold out. But he also noted that although these sales fell "continued strong demand for cryptocurrency extraction and a favorable exchange rate moderated the impact of mobile" .
However, he mentioned that the trend would not continue for at least the next quarter. "We expect our companies will benefit from the launch of new products that utilize TSMC's 7-nanometer technology, while the demand for cryptocurrency mining will diminish" . The 7 nanometer semiconductors will bring new products that consume less energy and improve performance. In this sense, companies like AMD or Bitmain have announced by the end of 2018 new products with this new technology. This makes anticipate future equipment that optimizes the mining activity of cryptocurrencies like those of Bitmain to exploit in Zcash, Ethereum, Monero and SIA.
Source link
