Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chip maker and supplier of processors for Apple devices, registered a decrease in profits in the second quarter of 2017. Among the reasons for the decline in the Taiwanese company called the seasonal weakening of demand in the mobile segment and the unfavorable exchange rate of currencies, reports The Financial Times.

The net profit of TSMC in April-June decreased by 8.6% year-on-year and by 24.4% quarter-on quarter, to 66.3 billion Taiwan dollars (2.2 billion US dollars). The company did not reach the forecasts of analysts - according to a survey of Bloomberg, those expected income of 69.6 billion Taiwan dollars.

TSMC's revenue of 213.9 billion Taiwan dollars (7.

06 billion US dollars) was 8.6% less than in the previous quarter, and until the year of 2016 the company did not have a 3.6%. In terms of US currency, sales decreased by 5.9% compared to January-March, but compared to last year's result, the result improved by 3.2%, supplements DigiTimes.

In the current quarter, TSMC forecasts revenue in the range of $ 8.12 billion to $ 8.22 billion, while analysts expected a large figure of $ 8.6 billion, notes Bloomberg.