IC designers lower growth goals for 3Q18 on unclear order visibility, Digitimes says
Taiwan chipmakers have quietly revised downward their revenue growth projections for the third quarter of 2018, as their order visibility for the quarter remains unclear amid the escalating China-US trade tensions that may undermine the shipment performance of their terminal customers in the quarter, according to industry sources.
The sources said that Taiwan IC designers earlier estimated their third-quarter revenues would post double-digit sequential increases, but they now have lowered growth projections for the quarter, as customers have turned conservative placing orders due to uncertainties associated with trade spats between the two economic powers.
Read more>>
