The leading wafer foundry TSMC (2330-TW) (TSM-US) announced today (10) that its revenue in December last year was 192.56 billion yuan, a monthly decrease of 13.5% Revenue was 625.532 billion yuan, a quarterly increase of about 2 %, and annual revenue was 2.26 trillion yuan, an increase of 42.6%, a new high.
TSMC’s revenue fell below the 200 billion yuan mark in December last year, but increased 23.9% year-on-year; in the fourth quarter, its revenue was 625.532 billion yuan, an annual increase of 42.75%; last year’s revenue was 2 trillion and 263.891 billion yuan.
TSMC estimates that revenue in the fourth quarter will reach US$19.9-20.7 billion Calculated at NT$31.5 per US dollar, the revenue in NT$ is estimated to reach 626.85-652.05 billion yuan, which is equivalent to to a quarterly increase of 2.2-6.3%, gross The high interest rate is 61.5%, and revenue profit and gross profit are expected to reach new highs.
Due to weakening customer demand, TSMC’s 7- and 6-nanometer production capacity utilization rates declined in the fourth quarter, but benefited from the continued increase in demand for 5-nanometer from smartphone applications and high-efficiency computing, balancing customer impact. ongoing inventory adjustments, fourth quarter performance is estimated to be flat.
Foreign investors believe that the wafer foundry industry will face the bottom of the business cycle in the first half of this year, and TSMC will not be spared. It may be in the first quarter further decline, respectively It decreased to 44-46%, 50-60%, and foreign investors generally estimate that the revenue in the first quarter will decrease by about 14-16%.
Foreign investors are also predicting that TSMC’s capital spending this year will drop to around US$30-32 billion due to weaker demand forecasts for 7nm and 5nm, and it is estimated that the second phase of the new US factory will not be installed until 2024.
The TSMC Law Seminar will be held on Thursday (12th) The market will focus on four major issues, including annual forecasts, capital expenditure, advanced manufacturing process progress, and global plan. .
