© Reuters.
TAIPEI – Taiwan Semiconductor Manufacturing (NYSE:TSM) is setting the stage for a robust year ahead, projecting a revenue increase in the range of low to mid-20% for the upcoming year. This optimistic forecast marks a significant turnaround from the nearly 9% decline experienced the previous year. The semiconductor industry, excluding memory chips, is anticipated to grow by approximately 10%, with specialized foundries like TSM poised to potentially double that rate of growth.
In a related industry development, Cognex (NASDAQ:) Corporation (NASDAQ:CGNX) is preparing for a resurgence in demand, particularly due to a spike in warehouse automation orders. This aligns with reports from KION Group, which has seen a substantial year-over-year increase in its supply chain solutions segment. Additionally, an expected 5% growth in the smartphone market is set to further…
