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TSMC received NT $206.03 billion in November, down from a year earlier.

2024-03-04 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)12/24 Report--

Thanks to CTOnews.com netizens for the delivery of clues about the past. CTOnews.com December 8 news, TSMC today released November financial data, revenue of 206.03 billion New Taiwan dollars (CTOnews.com Note: currently about 46.975 billion yuan), down 7.5% from the same period last year, down 15.3% from the previous month.

TSMC's revenue from January to November 2023 totaled NT $1.98544 trillion (currently about 452.68 billion yuan), down 4.1 per cent from the same period in 2022.

CTOnews.com previously quoted the Taiwan media "Industrial and Commercial Times" reported that supply chain sources pointed out that TSMC will reduce the price of the 7nm process by about 5% and 10%, in order to alleviate the decline in capacity utilization.

TSMC's 7nm process capacity utilization is relatively low, with its revenue share falling to 17% in the third quarter of this year, down from 23% in the second quarter of this year and 26% in the second quarter of last year.

CTOnews.com noted that Wei Zhijia, president of TSMC, said earlier that the decline in 7nm capacity utilization did exceed the company's expectations and attributed the decline to a sharp drop in shipments in the mobile phone market and delays in product launches by major customers. However, TSMC believes demand for special processes such as consumer electronics will rebound in the coming years.

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