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TSMC Calls FX ‘Big Uncertainty’, Vows Constant Review on Hedging
Taiwan Semiconductor Manufacturing Co. sees currency volatility as a “big uncertainty” to its margins and will constantly review hedging strategies to manage the impact, said Chief Financial Officer Wendell Huang.
Taiwan Semiconductor Manufacturing Co. sees currency volatility as a “big uncertainty” to its margins and will constantly review hedging strategies to manage the impact, said Chief Financial Officer Wendell Huang. “Foreign-exchange rate is something that we can not control, but there were instances before where it was not in our favor, but we managed to lean on other factors so that we are able to keep our profitability, and that’s what we are planning to do,” Huang said in an interview on Friday.
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