UPDATE 3-Chipmaker TSMC boosts capex by up to $5 bln, sees Q4 sales jump on smartphones
October 17, 2019 at 06:11 AM EDT
Apple Inc supplier TSMC raised its 2019 capital spending plan by up to $5 billion on Thursday and forecast a nearly 10% rise in fourth-quarter revenue on strong demand for faster mobile chips and new high-end smartphones.