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May 7
- Taiwan Dollar Surges: TSMC Demands Suppliers Cut Costs, Potential Reduction of Up to 30%
➀ The Taiwan dollar has surged recently, raising concerns about the impact on the semiconductor and electronics industries that rely on exports.
➁ TSMC has reportedly asked suppliers to submit cost reduction plans to cope with the appreciation of the Taiwan dollar.
➂ Suppliers are facing pressure as TSMC expanded its demand for earlier price quotes, with potential reductions of up to 30%.