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TSMC reveals ~36% Revenue Growth as Chinau2019s ZTE Reportedly Using 7nm For 5G

News Snapshot:

The Taiwan Semiconductor Manufacturing Company (TSMC) has released its January revenue, signaling a solid start to the year, which analysts expect will include a semiconductor inventory correction. In addition, a new report from Nikkei says that ZTE Corporation, a Chinese telecommunications company formerly sanctioned by the US government for doing business with Iran, is covertly developing its products on one of TSMC's most advanced chip-making processes. The latter piece of information comes after the United States barred Huawei Technologies Co Ltd, a Chinese consumer electronics and technology business, from utilizing comparable technologies owing to the company's strong links to the…

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