TSMC released its third quarter financial report this afternoon.
financial report shows that TSMC 's revenue in the third quarter was NT$356.426 billion, a year-on-year increase of 21.6% and a month-on-month increase of 14.7%; in US dollars, the third quarter revenue was US$12.14 billion, a year-on-year increase of 29.2% and a month-on-month increase of 16.9%.
The company's net profit was NT$137.31 billion, with a gross profit margin of 53.4% in the quarter, an operating profit margin of 42.1% and a net profit margin of 38.5%.
In the third quarter, 5-nanometer shipments accounted for 8% of the total revenue of wafers; 7-nanometer and 16-nanometer accounted for 35% and 18% respectively. Advanced technology is defined as 16nm and more advanced technology, accounting for 61% of total wafer revenue.
Based on the company's current business prospects, management expects the overall performance of the fourth quarter of 2020 to be as follows:
• Revenue is expected to be between US$12.4 billion and US$12.7 billion; (based on the exchange rate of NT$1 to NT$28.75)
• Gross profit margin is expected to be between 51.5% and 53.5%;
• Operating profit margin is expected to be between 40.5% and 42.5%.
