TSMC's December revenue up 15% Rushing 248.3 billion yuan throughout the year

On January 10, TSMC announced its latest financial report. In December 2019, total revenue was NT $ 103.313 billion (approximately RMB 23.975 billion), a monthly decrease of 4.2%, but an annual increase of 15%.

Due to strong demand for 7nm, TSMC's capacity exceeded supply in the fourth quarter of last year. The total revenue in the single quarter was NT $ 317.237 billion (about RMB 73.619 billion), a quarterly increase of 9.5 and an annual increase of 9.5%.

Looking at the whole year, TSMC's total revenue reached NT $ 1,069.985 billion (about RMB 248.303 billion), an annual increase of 3.7%.

Foreign investment believes that the cyclical boom of the semiconductor industry has bottomed out, and TSMC will usher in a wave of development driven by long-term trends such as 5G, AI, and high-speed computing. In 2020, Apple and Huawei two customers have locked TSMC's 5nm process, which will begin mass production in the first half of this year.

In addition to 5nm, TSMC's 7nm process also has orders from several major customers such as Qualcomm, MediaTek, and AMD. 7nm and 5nm are expected to become the mainstay of TSMC's revenue this year, and revenue is expected to reach a new high.