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TSMC posts elevated August income

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TSMC posts increased August revenue

TSMC has introduced consolidated income of NT$137.43 billion (US$4.97 billion) for August 2021, up 10.3% sequentially and 11.8% on yr.

TSMC is on monitor to fulfill its income steering for the third quarter, based on market watchers. The foundry has loved a ramp-up in its shipments for the upcoming iPhones, which led to its income will increase in August, the watchers stated.

TSMC expects to submit income of between US$14.6 billion and US$14.9 billion within the third quarter, which is an 11% sequential enhance on the midpoint. The forecast relies on the alternate charge assumption of US$1 to NT$27.90.

TSMC noticed its income hit a file excessive of NT$372.15 billion within the second quarter.

TSMC disclosed its cumulative 2021 income by means of August totaled NT$996.54 billion, rising 17.2% from a yr earlier.

TSMC in July revised upward its income development outlook this yr to above 20%.





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