TSMC Reports Fourth Quarter EPS of NT$3.83

Hsinchu, Taiwan, R.O.C., Jan 18, 2018  -- TSMC today announced consolidated revenue of NT$277.57 billion, net income of NT$99.29 billion, and diluted earnings per share of NT$3.83 (US$0.64 per ADR unit) for the fourth quarter ended December 31, 2017.

Year-over-year, fourth quarter revenue increased 5.9% while net income and diluted EPS both slightly decreased 0.9%. The decreases in net income and EPS were mainly due to the strong appreciation of NT dollars, which affected the operating profit margin rate negatively by about two percentage points. Compared to third quarter 2017, fourth quarter results represented a 10.1% increase in revenue and a 10.4% increase in net income. All figures were prepared in accordance with TIFRS on a consolidated basis.

In US dollars, fourth quarter revenue was $9.21 billion, which increased 10.7% from the previous quarter and increased 11.6% year-over-year.

Gross margin for the quarter was 50.0%, operating margin was 39.2%, and net profit margin was 35.8%.

In the fourth quarter, shipments of 10-nanometer accounted for 25% of total wafer revenue; 16/20-nanometer process technology accounted for 20% of total wafer revenue; and advanced technologies, defined as 28-nanometer and more advanced technologies, accounted for 63% of total wafer revenue.

“Our fourth quarter business was supported by major mobile product launches and continuing demand for cryptocurrency mining,” said Lora Ho, SVP and Chief Financial Officer of TSMC. “Moving into first quarter 2018, we expect the strong demand for cryptocurrency mining will continue while mobile product seasonality will dampen our business in this quarter. Based on our current business outlook, management expects the overall performance for first quarter 2018 to be as follows”:

• Revenue is expected to be between US$8.40 billion and US$8.50 billion; And, based on the exchange rate assumption of 1 US dollar to 29.6 NT dollars,

• Gross profit margin is expected to be between 49.5% and 51.5%;

• Operating profit margin is expected to be between 38% and 40%.

The management further expects the 2018 capital budget to be between US$10.5 billion and US$11 billion.

Contacts: 

TSMC Spokesperson
Lora Ho
Senior Vice President & Chief Financial Officer & Spokesperson
886-3-5054602

TSMC Acting Spokesperson
Elizabeth Sun
Senior Director, TSMC Corporate Communications Division
886-3-5682085
Email Contact




Review Article Be the first to review this article
Aldec

Featured Video
Jobs
Senior Electrical Engineer for Allen & Shariff Corporation at Pittsburgh, Pennsylvania
Upcoming Events
Methodics User Group Meeting at Maxim Integrated 160 Rio Robles San Jose CA - Jun 5 - 6, 2018
2018 FLEX Korea at Room 402/ 403, COEX Seoul Korea (South) - Jun 20 - 21, 2018
IEEE 5G World FOrum at 5101 Great America Parkway Santa Clara CA - Jul 9 - 11, 2018
SEMICON West 2018 at Moscone Center North, Room 24-25, 730 Howard St, San Francisco, CA 94103, USA San Francisco CA - Jul 11 - 12, 2018
TrueCircuits: IoTPLL
DAC2018



Internet Business Systems © 2018 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise