TSMC Reports Fourth Quarter EPS of NT$5.51
January 19, 2021 | TSMCEstimated reading time: 1 minute
TSMC has announced consolidated revenue of NT$361.53 billion, net income of NT$142.77 billion, and diluted earnings per share of NT$5.51 (US$0.97 per ADR unit) for the fourth quarter ended December 31, 2020.
Year-over-year, fourth quarter revenue increased 14.0% while net income and diluted EPS both increased 23.0%. Compared to third quarter 2020, fourth quarter results represented a 1.4% increase in revenue and a 4.0% increase in net income. All figures were prepared in accordance with TIFRS on a consolidated basis.
In US dollars, fourth quarter revenue was $12.68 billion, which increased 22.0% year-over-year and increased 4.4% from the previous quarter.
Gross margin for the quarter was 54.0%, operating margin was 43.5%, and net profit margin was 39.5%.
In the fourth quarter, shipments of 5-nanometer accounted for 20% of total wafer revenue; 7-nanometer and 16-nanometer accounted for 29% and 13% respectively. Advanced technologies, defined as 16-nanometer and more advanced technologies, accounted for 62% of total wafer revenue.
“Our fourth quarter business was supported by strong demand for our industry-leading 5-nanometer technology, driven by 5G smartphone launches and HPC-related applications,” said Wendell Huang, VP and Chief Financial Officer of TSMC. “Moving into first quarter 2021, we expect our business to be supported by HPC-related demand, recovery in the automotive segment, and a milder smartphone seasonality than in recent years.”
Based on the Company’s current business outlook, management expects the overall performance for first quarter 2021 to be as follows:
- Revenue is expected to be between US$12.7 billion and US$13.0 billion
And, based on the exchange rate assumption of 1 US dollar to 27.95 NT dollars,
- Gross profit margin is expected to be between 50.5% and 52.5%
- Operating profit margin is expected to be between 39.5% and 41.5%
The management further expects the 2021 capital budget to be between US$25 billion and US$28 billion.
Suggested Items
Global Semiconductor Equipment Billings Surged to $117 Billion in 2024
04/10/2025 | SEMIWorldwide sales of semiconductor manufacturing equipment increased 10% to $117.1 billion in 2024 from $106.3 billion in 2023, SEMI, the industry association representing the global electronics design and manufacturing supply chain.
Gartner Says Worldwide Semiconductor Revenue Grew 21% in 2024
04/10/2025 | Gartner, Inc.Worldwide semiconductor revenue totaled $655.9 billion in 2024, up 21% from $542.1 billion in 2023, according to final results by Gartner, Inc. NVIDIA climbed to the No. 1 position, overtaking Samsung Electronics and Intel for the first time.
Global Semiconductor Sales Increase 17.1% Year-to-Year in February
04/07/2025 | SEMIThe Semiconductor Industry Association (SIA) announced global semiconductor sales were $54.9 billion during the month of February 2025, an increase of 17.1% compared to the February 2024 total of $46.9 billion and 2.9% less than the January 2025 total of $56.5 billion.
Global Fab Equipment Investment Expected to Reach $110 Billion in 2025
03/26/2025 | SEMIGlobal fab equipment spending for front-end facilities in 2025 is anticipated to increase by 2% year-over-year (YoY) to $110 billion, marking the sixth consecutive year of growth since 2020, SEMI announced today in its latest quarterly World Fab Forecast report.
Worldwide Server Market Revenue Increased 91% During the Fourth Quarter of 2024
03/19/2025 | IDCAccording to the International Data Corporation (IDC) Worldwide Quarterly Server Tracker, the server market reached a record $77.3 billion dollars in revenue during the last quarter of the year.