Taiwan Semiconductor Manufacturing : TSMC Reports Third Quarter EPS of NT$5.30
October 15, 2020 at 01:35 am EDT
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TSMC Reports Third Quarter EPS of NT$5.30
Hsinchu, Taiwan, R.O.C., Oct. 15, 2020 - TSMC (TWSE: 2330, NYSE: TSM) today announced consolidated revenue of NT$356.43 billion, net income of NT$137.31 billion, and diluted earnings per share of NT$5.30 (US$0.90 per ADR unit) for the third quarter ended September 30, 2020.
Year-over-year, third quarter revenue increased 21.6% while net income and diluted EPS both increased 35.9%. Compared to second quarter 2020, third quarter results represented a 14.7% increase in revenue and a 13.6% increase in net income. All figures were prepared in accordance with TIFRS on a consolidated basis.
In US dollars, third quarter revenue was $12.14 billion, which increased 29.2% year-over-year and increased 16.9% from the previous quarter.
Gross margin for the quarter was 53.4%, operating margin was 42.1%, and net profit margin was 38.5%.
In the third quarter, shipments of 5-nanometer accounted for 8% of total wafer revenue; 7- nanometer and 16-nanometer accounted for 35% and 18% respectively. Advanced technologies, defined as 16-nanometer and more advanced technologies, accounted for 61% of total wafer revenue.
TSMC's 2020 third quarter consolidated results:
(Unit: NT$ million, except for EPS)
3Q20
3Q19
YoY
Amounta
Amount
Inc. (Dec.) %
Net sales
356,426
293,045
21.6
Gross profit
190,494
139,412
36.6
Income from operations
150,048
107,887
39.1
Income before tax
155,124
112,336
38.1
Net income
137,310
101,070
35.9
EPS (NT$)
5.30b
3.90b
35.9
2Q20
QoQ
Amount
Inc. (Dec.) %
310,699
14.7
164,623
15.7
131,094
14.5
136,399
13.7
120,822
13.6
4.66b
13.6
3Q2020 figures have not been approved by Board of Directors
Based on 25,930 million weighted average outstanding shares
About TSMC
TSMC pioneered the pure-play foundry business model when it was founded in 1987, and has been the world's largest dedicated semiconductor foundry ever since. The Company supports a thriving ecosystem of global customers and partners with the industry's leading process technologies and portfolio of design enablement solutions to unleash innovation for the global semiconductor industry. With global operations spanning Asia, Europe, and North America, TSMC serves as a committed corporate citizen around the world.
TSMC deployed 272 distinct process technologies, and manufactured 10,761 products for 499 customers in 2019 by providing broadest range of advanced, specialty and advanced packaging technology services. TSMC is the first foundry to provide 5-nanometer production capabilities, the most advanced semiconductor process technology available in the world. The Company is headquartered in Hsinchu, Taiwan. For more information please visit https://www.tsmc.com.
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TSMC Spokesperson:
Media Contacts:
Wendell Huang
Nina Kao
Hui-Chung Su
Michael Kramer
Vice President and CFO
Head of Public Relations
Public Relations
Public Relations
Tel: 886-3-505-5901
Tel: 886-3-563-6688 ext.7125036
Tel: 886-3-563-6688 ext. 7125033
Tel: 886-3-563-6688 ext. 7125031
Mobile: 886-988-239-163
Mobile: 886-988-930-039
Mobile: 886-988-931-352
E-Mail: nina_kao@tsmc.com
E-Mail:hcsuq@tsmc.com
E-Mail: pdkramer@tsmc.com
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TSMC - Taiwan Semiconductor Manufacturing Company Ltd. published this content on 15 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2020 05:34:08 UTC
Taiwan Semiconductor Manufacturing Co Ltd is a Taiwan-based company mainly engaged in the provision of integrated circuit manufacturing services. The integrated circuit manufacturing services include process technology, special process technology, design ecosystem support, mask technology, 3DFabricTM advanced packaging and silicon stacking technology services. The Company has completed the transfer and mass production of 5nm technology, and is engaged in the research and development of 3nm process technology and 2nm process technology. The product application range covers the entire electronic application industry, including personal computers and peripheral products, information application products, wired and wireless communication system products, servers and data centers.