Supply chain inventory to fall at slower pace, says TSMC

Taipei, Friday, April 20, 2018 11:05 (GMT+8),

28°C

中文繁體 | 簡體

We have recently changed our search engine. Check the Advanced options to learn the new search rules.

Related company info

Supply chain inventory to fall at slower pace, says TSMC

Cage Chao, Taipei; Jessie Shen, DIGITIMES

Thursday 17 January 2013

Taiwan Semiconductor Manufacturing Company
Taiwan Semiconductor Manufacturing Company Limited (TSMC), established in 1987 with its headquarters and main operations located in the Hsinchu Science Park in Hsinchu, Taiwan, is best known for dedicated semiconductor foundry business, which is the manufacturer of integrated circuits (ICs) for customers based on their own or third parties' IC designs.

The company offers a range of wafer fabrication processes, including embedded non-volatile memory process, embedded dynamic random access memory (DRAM) process, mixed signal/ radio frequency (RF) process, high voltage process, complementary metal-oxide semiconductor (CMOS) image sensor process, color filter process, micro electro-mechanical system (MEMS) process and silicon germanium process, among others.

The Company's chips are used in computer products, communications products and consumer electronic products. Various fabless high-tech companies such as Qualcomm, Altera, Broadcom, Conexant, Marvell, NVIDIA, and VIA are customers of TSMC.
Performance

The company's stock price closed at NT$244.5 on the TSE on Thursday, April 19, 2018.

The company has reported consolidated revenues of NT$103,697 million for March 2018, representing a 60.4% increase on month and 20.8% increase on year.

For the fourth quarter of 2017, the company totaled NT$277,570 million in consolidated revenues, up 10.1% sequentially and up 5.9% on year.

Brief

Full name: Taiwan Semiconductor Manufacturing Company
Chinese name: 台灣積體電路製造股份有限公司
Short name: TSMC
Arconym: TSMC
Stock code: 2330
Country: Taiwan
Tax ID: 22099131
Market: TSE
Established: 21 Feb 1987
Paid in capital: NT$259.30 billion
Listed on TSE: 5 Sep 1994
Website: www.tsmc.com
Related news
On display

Altera 28nm Stratix V FPGA
Altera has announced its next-generation 28nm Stratix V FPGA family, which offers up to 1.6Tbps of serial switching capability. Manufactured...
Photo: Company, Apr 21.
Altera Stratix IV FPGA family
Altera has announced silicon availability of 40nm field-programmable gate arrays (FPGAs) for communications, broadcast,...
Photo: Company, Dec 18.
TSMC: Steady semiconductor industry growth to persist for at least a decade
Kenneth Kin, senior vice president of Taiwan Semiconductor Manufacturing Company (TSMC)'s worldwide sales and service unit...
Photo: Andrea Liu, DigiTimes, Jun 23.

Latest stock

TSMC [2330] historical stock price (NT$)
Date	Volume (k)	Transactions	Value	Open	High	Low	Close	Change		Ask	Bid
20-Apr	53,991			228.00	230.00	228.00	229.50	-15.00	-6.13%
19-Apr	31,835	10,383	7,741,770,000	242.00	244.50	241.00	244.50	+6.50	+2.73%	244.00	244.50
18-Apr	42,452	11,693	10,119,006,000	239.50	241.50	236.50	238.00	+0.00	+0.00%	238.00	238.50
17-Apr	42,694	17,815	10,217,325,500	243.00	243.50	237.50	238.00	-5.50	-2.26%	238.00	238.50
16-Apr	18,312	8,086	4,450,353,500	243.00	244.00	242.00	243.50	-1.00	-0.41%	243.00	243.50
13-Apr	19,705	5,278	4,826,917,500	246.00	246.00	244.00	244.50	-0.50	-0.20%	244.00	244.50
12-Apr	20,356	6,618	4,998,611,500	248.50	248.50	244.00	245.00	-3.00	-1.21%	244.50	245.00
11-Apr	21,608	8,811	5,349,887,880	246.50	248.50	246.50	248.00	+2.50	+1.02%	247.50	248.00

Source: TSE, compiled by Digitimes

Latest sales

TSMC: Consolidated revenues, Mar 2017 - Mar 2018 (NT$m)
Month	Sales	M/M	Y/Y	YTD	Y/Y
Mar-18	103,697	60.4%	20.8%	248,079	6.1%
Feb-18	64,641	(18.9%)	(9.5%)	144,381	(2.5%)
Jan-18	79,741	(11.3%)	4.1%	79,741	4.1%
Dec-17	89,897	(3.5%)	15.1%	977,447	3.1%
Nov-17	93,153	(1.5%)	0.1%	887,550	2%
Oct-17	94,520	6.7%	3.8%	794,397	2.3%
Sep-17	88,579	(3.6%)	(1.3%)	699,877	2.1%
Aug-17	91,917	28.4%	(2.5%)	611,298	2.6%
Jul-17	71,611	(14.9%)	(6.3%)	519,381	3.5%
Jun-17	84,187	15.7%	3.4%	447,770	5.3%
May-17	72,796	28%	(1.1%)	363,582	5.7%
Apr-17	56,872	(33.8%)	(14.9%)	290,786	7.6%
Mar-17	85,875	20.2%	17.5%	233,914	15%

*Figures are consolidated
Source: TSE, compiled by Digitimes, April 2018

TSMC: Consolidated revenues, 4Q16 - 4Q17 (NT$m)
Quarter	Sales	Q/Q	Y/Y	YTD	Y/Y
4Q-17	277,570	10.1%	5.9%	977,447	3.1%
3Q-17	252,107	17.9%	(3.2%)	699,877	2.1%
2Q-17	213,855	(8.6%)	(3.6%)	447,770	5.3%
1Q-17	233,914	(10.8%)	15%	233,914	15%
4Q-16	262,227	0.7%	28.9%	947,938	12.4%

*Figures are consolidated
Source: TSE, compiled by Digitimes, April 2018

Latest balance sheet and income statement

TSMC: Consolidated balance sheet, 4Q16 - 4Q17 (NT$k)
Item	4Q-2017	3Q-2017	2Q-2017	1Q-2017	4Q-2016
Current assets	857,203,110	704,861,778	838,049,552	825,661,833	817,729,126
Intangible assets	14,175,140	14,841,399	14,118,892	14,278,436	14,614,846
Non-current assets	1,134,658,533	1,136,562,604	1,148,384,225	1,109,001,928	1,068,726,176
Assets	1,991,861,643	1,841,424,382	1,986,433,777	1,934,663,761	1,886,455,302
Current liabilities	358,706,680	298,522,304	523,507,145	321,580,524	318,239,273
Non-current liabilities	110,395,320	111,489,389	120,560,987	156,773,212	178,164,903
Liabilities	469,102,000	410,011,693	644,068,132	478,353,736	496,404,176
Stockholders' equity	1,522,759,643	1,431,412,689	1,342,365,645	1,456,310,025	1,390,051,126

*Figures are consolidated
Source: TSE, compiled by Digitimes, April 2018

TSMC: Consolidated income statement, 4Q16 - 4Q17 (NT$k)
Item	4Q-2017		3Q-2017		2Q-2017		1Q-2017		4Q-2016
Item	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales
Operating revenue	277,570,284		252,107,345		213,855,212		233,914,400		262,227,252
Gross profit (loss) from operations	138,715,365	50%	125,876,681	49.9%	108,753,243	50.9%	121,485,666	51.9%	137,110,387	52.3%
Operating expenses	28,841,655	10.4%	27,536,716	10.9%	25,366,814	11.9%	26,156,483	11.2%	27,176,908	10.4%
Operating income (loss)	108,894,999	39.2%	98,056,433	38.9%	83,255,401	38.9%	95,352,390	40.8%	109,907,341	41.9%
Non-operating expenses and losses	2,779,901	1%	2,461,731	1%	2,862,066	1.3%	2,470,109	1.1%	2,140,134	0.8%
Income from continuing operations before income tax	111,674,900	40.2%	100,518,164	39.9%	86,117,467	40.3%	97,822,499	41.8%	112,047,475	42.7%
Net income (loss)	99,306,060	35.8%	89,949,228	35.7%	66,270,652	31%	87,620,908	37.5%	100,228,247	38.2%
Diluted earnings per share (NT$)	3.8		3.5		2.6		3.4		3.9