Taiwan Semiconductor Manufacturing Company (TSM) will post Q2 earnings on July 17 amidst an environment where the company cut its revenue growth forecast for 2018 to 10% from the previously estimated 10-15%, citing weaker-than-expected smartphone demand and growing uncertainty facing the cryptocurrency mining market.
In its Q1 conference call on April 20, 2018, TSMC Co-CEO, President and Additional Director C. C. Wei commented: