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TSMC posts elevated May income

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TSMC posts increased May revenue

TSMC has reported income grew 0.9% sequentially and 19.8% on yr to NT$112.36 billion (US$4.06 billion) in May 2021.

TSMC’s cumulative 2021 income by May elevated 17.1% from a yr earlier to NT$586.09 billion.

In addition, TSMC disclosed its board of administrators had permitted capital appropriations of about US$9.29 billion for the set up and improve of superior expertise capability, set up of specialty expertise capability, in addition to fab development, set up of fab facility methods and capitalized leased belongings, and third-quarter 2021 R&D capital investments and sustaining capital expenditures.

TSMC additionally rescheduled its annual shareholders assembly to July 26 from June Eight in response to the COVID-19 pandemic and related orders issued by the federal government.





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