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


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. 


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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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