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What exactly Liu meant may be open to interpretation. Part of the problem is that we're dealing with people who aren't perfectly fluent in English. Was Liu referring to smartphone unit shipments in the industry as a whole or to unit shipments of TSMC's product wafers for high end smartphones Did Liu mean that unit sales of processor wafers for high end smartphones will decrease in absolute terms, or merely that the unit growth rate will decrease I'll try to get clarification on this from TSMC before Apple's earnings report next week..
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