TSMC has barely flinched at the U.S. ban against its second-largest customer.Not only does Huawei make a large slice of the world’s telecommunications network equipment, it’s also a major international smartphone brand.

Companies are installing new servers, stay-at-home workers are buying computer monitors, and quarantined consumers are whiling away the hours on games consoles. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Photographer: Igor Golovniov/SOPA Images/Light Rocket/GettyIn other words, the broader trends toward 5G mobile networks and smartphones, coupled with high-performance computing products (such as artificial intelligence and graphics) means that if end-customers don’t buy from Huawei, they'll find someone else. As they will run out of those chipsets at some point.MediaTek does have some 5G designs available already though, like the Dimensity 800 which is a 7nm processor, and is actually running on the Huawei Enjoy Z already.What this basically means is that without TSMC, Huawei can't even make a new smartphone. And that alternative supplier is going to turn to TSMC for chips.The contract chipmaker is still needed, even if its big client gets sanctioned and Covid-19 ravages the economy.As if to prove the naysayers wrong, TSMC went one step further by raising its revenue forecast. In April, it expected sales would climb a “mid to high single digit percentage” this year.

All Rights Reserved.That's a huge blow to both TSMC and Huawei, as Huawei was designing all of its own chipsets, from its HiSilicon division.

So how is this good news for MediaTek? TSMC Shrugs off Huawei Ban in Powerful Covid-Era Earnings Report - Bloomberg The contract chipmaker is still needed, even if its big client gets sanctioned and Covid-19 …

Now, the company reckons it will top 20% growth.Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.Inevitably, that means the world still needs TSMC.Taiwan Semiconductor Manufacturing Co. was expected to be severely hurt by a U.S. ban on producing chips designed by Huawei Technologies Co., one of its largest clients. MediaTek has lagged behind in the processor world for quite some time, and it is normally only found in much cheaper smartphones (and other products). With TSMC manufacturing those chipsets. That's a huge blow to both TSMC and Huawei, as Huawei …

TSMC says that it is banned from shipping chips to Huawei, other companies will make up for the missing business from Huawei A ccording to Reuters, Kung Ming-hsin, who is the new head of Taiwan's economic planning agency, pointed out today that the U.S. isn't trying to mettle with Taiwan's relationship with China. TSMC manufactured over 95% of the HiSilicon Kirin chipsets.There's really no replacement for Qualcomm's Snapdragon lineup, and the Kirin chipsets were the closet to competing with Snapdragon. And that's a big issue, even bigger than being banned from using Google services.And Huawei is looking at MediaTek for chipsets, following the TSMC ban.