Scalper1 News
Apple (AAPL) chipmaker Taiwan Semiconductor Manufacturing (TSM) announced Tuesday it would shutter its costly solar operations by month’s end. The move will likely reduce TSM’s EPS by 7 cents in Q3, Steve Tsu, chairman of TSM Solar, said in a company press release. Tsu said the company couldn’t turn a profit with its solar manufacturing and that even the most aggressive cost-reduction plan wouldn’t make the solar subsidiary viable. “TSMC continues Scalper1 News
Scalper1 News