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Chipmaker TSMC’s profit bigger than expected

TAIPEI: Taiwan Semiconductor Manufacturing Co (TSMC) projected quarterly revenue well above analysts’ estimates, underscoring hopes that the rollout of fifth-generation enabled smartphones in 2020 will galvanise growth for Apple Inc’s main chipmaker.

New trial opens for South Korea’s disgraced leader Park

Seoul: The retrial of ousted former South Korean president Park Geun-hye began over the sprawling corruption scandal that saw her impeached, convicted and jailed, only for the hearing to end after five minutes.