Despite the bear market, the “Chipgate” in this October proves the A9 processor manufactured by TSMC is way better than that of Samsung. Therefore, TSMC will take all orders of A9X processor for iPad Pro. Nevertheless, it is widely circulated that the company will get hands on 100 percent orders of Apple’s A10 processor. In fact, the InFO will also contribute to the company’s revenue in the near future.

“We are very grateful for our supplier partners’ full support as we ramp our 16nm capacity,” said Mark Liu. “In the spirit of the Grand Alliance, we will continue to forge closer bonds with our customers and suppliers to push technology forward and reap the rewards of growth together.”

Regarding mergers and acquisitions in the industry, Mark Liu considered it’s a sign of mature industry. “Some of the potential advantages of mergers and acquisitions include combining complementary resources and eliminating inefficiencies.”

At the same time, mergers and acquisitions drive the cross-industry growth. For example, automobile electronics, computer and mobile electronics, Internet and App, Mark Liu added.

Last but not least, Mark Liu cited that the inventory adjustment is likely to be resolved this quarter, the semiconductor industry will enjoy the long-lost bullish market trend, as well as TSMC.