TSMC Chalks Up Quarterly Sales Record
January 10, 2022
TSMC reported its net revenue for December 2021: On a consolidated basis, revenue for December 2021 was approximately NT$155.38 billion, an increase of 4.8 percent from November 2021 and an increase of 32.4 percent from December 2020. December 2021 was a record number for a single month. Revenue for January through December 2021 totaled NT$1,587.42 billion, an increase of 18.5 percent compared to the same period in 2020.
The firm which manufactures chips for companies like Apple, is enjoying price hikes amid strong demand. China Renaissance increased TSMC sales forecast for 2022, now expecting 23% year-on-year revenue growth.
The Semiconductor Industry Association (SIA) saw global semiconductor industry
sales at $49.7 billion in the month of November 2021, an increase of 23.5% over
the November 2020 total of $40.2 billion and 1.5% more than the October 2021
total of $49.0 billion. The cumulative annual total of semiconductors sold
through November 2021 reached 1.05 trillion, which is the industry’s
highest-ever annual total.