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iPhone outlook powers TSMC chairman into billionaire class

Mr Chang, 86, owns 0.5 per cent of Taiwan Semiconductor Manufacturing Co directly and through his family.

Hong Kong

THE chairman of the world's largest contract chipmaker has become a billionaire thanks to expected demand for Apple Inc's new iPhone.

Taiwan Semiconductor Manufacturing Co (TSMC) shares have surged 25 per cent in the past year, lifting founder and chairman Morris Chang's...

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