TSMC’s capital expenditure will reach $16 billion in 2020 – sets a new record


TSMC

The foundry leader TSMC, which has just set a record in revenue, is about to set a new record for capital expenditure in the new year. According to Taiwan media reports, TSMC Chairman Liu Deyin revealed that TSMC’s 2020 revenue outlook is optimistic due to strong demand for wafer foundry brought by 5G and HPC.

TSMC

The industry estimates that TSMC’s revenue in 2020 will have 20% growth potential. All this is based on the premise that its performance in 2019 reached a record high. The latest statistics show that TSMC’s revenue in 2019 reached NT $ 1.07 billion, an increase of 3.7% year-on-year; net profit was NT $ 345.3 billion, a decrease of 1.7% year-on-year. In the slump of the semiconductor industry, as a leader in the industry, TSMC still maintained a solid performance.

At the same time, the chip maker has achieved clear leading advantages in process technologies such as 7nm and 5nm. Due to the shortage of 7nm process foundry, TSMC estimates that capital expenditures will reach $ 15 billion to $ 16 billion in 2020, setting a new record high. TSMC President Wei Zhejia said that the scale of the foundry market in 2020 will increase by 17% year-on-year.

Source/VIA :
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