TSMC's revenue in January was NT$172.176 billion, up 35.8% year-on-year

TSMC’s financial report released today (10) showed that the company’s revenue in January reached NT$172.176 billion (same unit below), a monthly increase of 10.8% and an annual increase of 35.8%.

It is reported that TSMC's revenue in December 2021 was approximately 155.382 billion yuan, a monthly increase of 4.8% and an annual increase of 32.4%.

In terms of capital expenditure, TSMC pointed out at a legal conference last month that capital expenditure in 2021 will be US$30 billion, and it is expected to be US$40 billion to US$44 billion in 2022. 70% to 80% of the expenditure is spent on advanced processes, 10% on advanced packaging, and 10% to 20% on special processes.

In terms of long-term gross profit margin and process share, TSMC said that gross profit margin will remain at 53% or above. N5 demand continues to be strong due to mobile phones and HPC; N4P has an 11% improvement in performance and 22% in power efficiency over N5, and is expected to be mass-produced in 2022H2, which will support special HPC applications; N4X is also an enhanced version of 5nm and will be mass-produced in 2023H1. However, N5 will be a long-term process and will continue to dominate in the next few years. In addition, N3 will continue to use FinFET technology and start mass production in 2022H2.