![]() Its second quarter consolidated sales stood at US$15.68 billion, which came within earlier guidance, ranging from US$15.2 billion to US$16.0 billion, while in Taiwan dollar terms, company revenue reached NT$480.84 billion, down 5.5 percent from a quarter earlier. ![]() In the April-June period, TSMC posted NT$181.8 billion in net profit, down 12.2 percent from a quarter earlier, and also down 23.3 percent from a year earlier, with earnings per share at NT$7.01, compared with NT$7.98 a quarter earlier and NT$9.14 a year earlier. Wei said although demand for artificial intelligence-related gadgets appears solid, global economic weakness still weighs on the semiconductor industry, adding that the weaker-than-expected recovery in China as well as lower-than-expected demand from end users also affected semiconductor sales.įor the entire semiconductor industry, excluding memory chipmakers, sales are expected to fall 4-6 percent in 2023, while revenue generated by pure play wafer foundries is expected to fall 14-16 percent from a year earlier this year, Wei said.īefore the investor conference started, TSMC reported its results for the second quarter, with the semiconductor industry undertaking inventory adjustments. In January, the chipmaker predicted "a slight increase" in sales in U.S. It is the second time TSMC has cut its sales forecast this year. dollar terms, a downgrade from an earlier forecast of a 4-6 percent decline made in April. Speaking at an investor conference, TSMC CEO C.C, Wei (魏哲家) said the company is forecasting that sales will fall by 10 percent from a year earlier in U.S. ![]() (TSMC), the world's largest contract chipmaker, said on Thursday that it has lowered its sales guidance for 2023 as a result of the weak global economy. Taipei, July 20 (CNA) Taiwan Semiconductor Manufacturing Co. ![]()
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