TSMC posts report 4Q20 income
Jessie Shen, DIGITIMES, Taipei
TSMC noticed its income climb to a report excessive of NT$361.53 billion (US$12.9 million) within the fourth quarter of 2020.
TSMC reported consolidated income of NT$117.37 billion for December 2020, down about 6% on month however up 13.6% on 12 months. Revenue for the fourth quarter represented a 1.4% sequential enhance, and hit an all-time excessive for the second consecutive quarter.
TSMC’s income for all of 2020 got here to NT$1.34 trillion, rising 25.2% on 12 months and hitting an annual excessive.
TSMC estimated beforehand fourth-quarter income at between US$12.Four billion and US$12.7 billion, representing a 3.4% sequential enhance on the midpoint. The foundry expects to put up a 30% income surge in US greenback time period final 12 months.
TSMC is scheduled to carry its earnings name convention on January 14.
