It is understood that TSMC’s most advanced 5nm process will be put into large-scale production in the first quarter of 2020 to provide OEM services for Huawei, apple and other companies. They will disclose the revenue of 5nm process from the third quarter.
Wei Zhejia, the CEO of TSMC, has repeatedly mentioned in the financial report meeting that they expect the 5nm process to contribute 8% of TSMC’s annual revenue. According to the latest financial report released by TSMC, the 5nm revenue has reached this expectation.
Recently, TSMC released its financial report for the fourth quarter of 2020, with revenue of US $12.676 billion, a year-on-year growth of 22% and a month on month growth of 4.4%. Among them, the 5nm process contributed 20% of the total. In proportion, TSMC’s 5nm process revenue reached US $2.535 billion in the fourth quarter.
According to the financial report, TSMC’s gross profit in the fourth quarter of last year was US $6.845 billion, up 22.6% year on year and 2.5% month on month. The gross profit margin was 54%, higher than 53.4% in the previous quarter and 50.2% in the same period of the previous year.
In terms of net profit, TSMC reported US $5.008 billion, up 23% year on year and 4% month on month.
From the perspective of major platform applications, the growth of TSMC in the fourth quarter mainly came from automotive electronics, consumer electronics and smart phones, with revenue growth of 27%, 29% and 13% respectively, while the revenue of high-performance computing and Internet of things dropped by more than 10%.
In terms of capital expenditure, TSMC will reach US $3.19 billion in the fourth quarter of 2020 and US $17.24 billion in the whole year of 2020.
In 2021, the market value of TSMC continued to rise. By the end of the day, the total market value of TSMC radio shares and ADR of us shares reached 552.16 billion US dollars, surpassing Berkshire Hathaway, the “stock god” of Warren Buffett, and becoming the 10th largest enterprise in the world.
Editor in charge: PJ