TSMCs revenue in July was NT $105.963 billion, up 25percent year on year

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 TSMCs revenue in July was NT $105.963 billion, up 25percent year on year


According to jimicro network news (text / Jimmy), the Economic Daily reported that TSMC announced its July results, with revenue of NT $105.963 billion (the same below), down 12.3% from the previous month, but increased by 25% year-on-year. In the first seven months of this year, the total revenue reached 727.259 billion yuan, up 33.6% year on year.

TSMC had expected third quarter revenue to be driven by 5g mobile phones, high-performance computing and Internet of things related applications, as well as strong demand for 5nm and 7Nm processes.

TSMC expects revenue to reach $11.2 billion to $11.5 billion in the third quarter, and is expected to grow 7.9% to 10.8% in the third quarter compared with the second quarter.