On April 16, wafer foundry giant TSMC released its first quarter 2020 financial report.
According to the financial report, TSMC ’s revenue in the first quarter has not been affected by the epidemic and still maintained double-digit growth. The financial report shows that TSMC's first quarter revenue was NT$310.6 billion (US$10.6 billion), a year-on-year increase of 42% and a month-on-month decrease of 2.1%. Among them, TSMC net profit in the first quarter was NT$116.99 billion, a year-on-year increase of 90.6%, a month-on-month increase of 0.8%; the gross profit margin was 51.8%, a year-on-year increase of 25.4%.
According to the financial report, in terms of process technology, 7nm wafer revenue is still TSMC 's largest revenue segment, accounting for 35% of total wafer revenue, 10nm accounting for 0.5%, 16nm accounting for 19%, and 28nm accounting for 14%.
TSMC 's customers include a number of star companies, such as Huawei and Apple . In May 2019, as the United States implemented a ban on Huawei, speculation surrounding whether TSMC can continue to supply Huawei has never stopped. Since the end of 2019, the media has reported that the United States may take stricter control measures against Huawei, and the measures were once interpreted as mainly to restrict Huawei from producing chips at TSMC .
Various previous news also claimed that Huawei had reduced its orders for TSMC . On April 13, media reports stated that Huawei and HiSilicon would significantly cut back on TSMC’s 25nm chip investment, and the gap would be filled by Apple and Apple. Earlier, supply chain news said that Huawei HiSilicon dispersed 14nm to the SMIC factory for production in order to avoid US control. In addition, due to the impact of the epidemic, there is also news that the inventory pressure of Huawei mobile phone is too great, and orders have been continuously cut from the supply chain.
Previously, TSMC former spokesman Sun Youwen told AI Financial News that TSMC has many customers. When an order is cancelled, other orders will be filled, which has high flexibility and flexibility. However, TSMC CEO Wei Zhejia said that TSMC has not seen customers cut orders significantly. (Text/AI Finance and Economics, Zheng Yahong, Editor/Zhao Yanqiu)
