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As the result, TSMC’s MAR19 revenue surged. Its 1Q19 revenue reached NTD218.704bn, higher than the estimation of NTD217.3bn. According to the market, robust pull-in demand from Huawei leads the supply chain’s revenue momentum to grow. TSMC, as the main wafer production company, was catalyzed directly. Moreover, although TSMC was affected by the defective photoresist chemical incident in 1Q19, the affected wafers were successively replenished.
On the other hands, Institutional investors expect that as NTD become stable in 1Q19, TSMC’s revenue in US dollar is expected to slightly ahead of the estimate as well.
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