Taiwan Semiconductor Jen-Chau Huan CFO Says After Last Year's 17% Electricity Price Increase, Electricity Price In Taiwan Has Increased By Another 25% Starting April 1 This Year, Expected To Take Out 70-80 Basis Points From Our Q2 Gross Margin. Looking Ahead To 2H Of The Year, We Expect The Impact From Higher Electricity Cost To Continue And Dilute Our Gross Margin By 60-70 Basis Points
Benzinga Newsdesk - 4 days ago