Tim Culpan, Columnist

Apple IPhone Helps Give TSMC an Instant Hit

Its latest chipmaking technology has had one of the fastest uptakes in recent history.

Small is beautiful, in chips.

Photographer: Anthony Kwan/Bloomberg
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Taiwan Semiconductor Manufacturing Co.’s introduction of a new chipmaking technology was a huge boost to the company amid a weakening global environment.

It’s 7-nanometer node, which measures the size of connections inside a chip, accounted for 11 percent of revenue during the third quarter, from zero in the previous three months.