International E-commerce Information 13th News TSMC held its third-quarter online legal person briefing today, in addition to announcing the Q3 financial report, Q4 and 2022 full-year outlook, it also explained the US licensing and authorization situation.
TSMC Q3 gross profit margin reaches 60.4%!
financial report shows that TSMC's Q3 revenue was NT$613.14 billion NT$9, a quarterly increase of 14.8%, and an annual increase of 47.9%. If calculated in US dollars, Q3 revenue was NT$20.23 billion, a quarterly increase of 11.4%, and an annual increase of 35.9%. The gross profit margin in Q3 reached 60.4%, the operating profit rate was 50.6%, and the after-tax pure yield was 45.8%, both of which were better than the financial forecast target.
is divided into processes. The 5-nanometer process shipment accounts for 28% of TSMC's Q3 wafer sales, 7-nanometer-based 26%, 16-nanometer-based 12%, and 28-nanometer-based 10%. Overall, the revenue of advanced processes (including 7nm and more) reached 54% of the sales of wafer in the whole quarter.
If we look at the technology platform, Q3 smartphone revenue accounts for 41%, high-performance computing 39%, Internet of Things 10%, automotive electronics 5%, and consumer electronics 2%. Among them, IoT revenue increased by 33%, smartphones grew by 25%, with the strongest momentum.
Outlook for Q4, TSMC estimates revenue to reach US$19.9-20.7 billion, equivalent to a quarterly decrease of 1.6% to a quarterly increase of 2.3%, and based on the intermediate value, it is estimated to increase by about 0.4% in quarterly increase; based on the calculation of 1 USD to NT$31.5, the revenue is estimated to reach NT$626.85-652.05 billion, equivalent to a quarterly increase of 2.2-6.3%, the gross profit margin is estimated to be 59.5-61.5%, and the profit rate is 49-51%. Both rates are expected to hit new highs.
TSMC Finance Minister Huang Renzhao pointed out that judging from the estimated gross profit margin of Q4 median , it will be the same as Q3, mainly due to the favorable factors of exchange rate offset by the decline in capacity utilization. "In order to cope with the pressure of rising costs in 2023, TSMC will continue to drive value sales, and the long-term gross profit margin of more than 53% can still be achieved."
Wei Zhejia said that due to the continued increase in demand for 5 nanometers in Q4, balancing the impact of customers' continuous inventory adjustments, the performance is expected to remain flat.
If measured in US dollars, TSMC expects its annual revenue to grow by 34-36% this year.
Nanjing factory 16/28 nanometers have been licensed for US equipment
In response to the industry's concerns about whether TSMC has obtained the exemption from US technology export restrictions to China, TSMC stated that its 28nm semiconductor factory in Nanjing has obtained a one-year license from the US Department of Commerce and can continue to order US chip manufacturing equipment for the factory to continue to produce 28nm and 16nm process products, so the factory's expansion plan can still be carried out according to the steps.
TSMC stressed that it will provide services to all customers in full compliance with all rules and regulations.
This is ahead of this, the US Department of Commerce announced new export control measures last Friday (7th), and semiconductors used in artificial intelligence , high-performance computing and supercomputers produced using US technology can only be sold to mainland China if they obtain export license .
In addition to TSMC, SK Hynix , Samsung Electronics , Intel , and Intel have all obtained a one-year license from the US Department of Commerce. How will chip manufacturers deal with the new regulations of
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Editor: Elaine
