TSMC revenue exceed $3 billion in December – a 15% increase YoY


TSMC

According to media reports, TSMC, a foundry company that manufactures chips for Apple, Huawei and other companies, has announced its revenue for December last year. The revenue for the month hit $3.449 billion, a year-on-year (YoY) increase of 15%, but a month-on-month (MoM) increase. TSMC discloses the revenue of the previous month on the official website on the 10th of each month. 

TSMC

According to data disclosed by TSMC, the net revenue in December last year was $3.449 billion in contracts. In December 2018, TSMC’s revenue was NT $ 89.831 billion (about $2.9 billion), compared with NT $ 103.313 billion ($3.4 billion) in December last year, an increase of 15%. Although TSMC’s net revenue in December last year increased by 15% year-on-year, it declined from the previous month. In November last year, TSMC’s net revenue was 107.874 billion Taiwan dollars ($3.5 billion), which represents a decrease of 4.571 billion Taiwan dollars ($152 million) compared to December.

According to media reports, as the world’s largest foundry chip maker, TSMC is regarded as a representative of global technology needs. As 5G technology moves towards 2020, investors are investing in 5G networks and equipment. The launch prospects are optimistic. TSMC shares rose 53.9% in 2019 to close at NT $ 331 ($ 11.06). The company’s market value has risen to $287.51 billion, which is comparable to that of rival Samsung’s $288.72 billion. According to market research firm TrendForce, TSMC and Samsung are the two largest companies in the global semiconductor industry. They have about 50% and 18% market share respectively.

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