The Digital Source For China's Tech Innovation Since 2000

Search
Close

TSMC Net Profit Up 28.4% In Q3 2016

October 19, 2016
Gadgets & Electronics | Telecom & Wireless

Taiwanese semiconductor company TSMC says it realized combined operating revenue of about NTD260.41 billion as it announced its financial report for the third quarter of 2016 and performance expectations for the fourth quarter of 2016.

According to the financial report, TSMC realized combined operating revenue of about NTD260.41 billion, which was about CNY55.15 billion, and it represented a year-on-year increase of 22.5% and an increase of 17.4% compared with the previous quarter. TSMC's net profit after tax was about NTD96.706 billion, which was about CNY20.48 billion, and it represented a year-on-year increase of 28.4% and an increase of 33.4% compared with the previous quarter.

The company's net profit per share was NTD3.73, which was about CNY0.79.

TSMC pointed out that during the third quarter of 2016, its shipment of 16/20 nanometer processors accounted for 31% of the company's total wafer sales; while its shipment of 28 nanometer processors accounted for 24% of the company's total wafer sales.

Overall, operating revenue of advanced processors, including 28 nanometer processors and more advanced processors, accounted for 55% of its total sales in the reporting period.

Promoted by the strong demand within the smartphone sector, TSMC expects to have better performances in the fourth quarter of 2016. They predicted that their operating revenue will reach between NTD255 billion and NTD258 billion.

Tags: manufacturing | mobile | semiconductor | smartphone | Taiwan | Taiwan Semiconductor Manufacturing Company | TSMC | wafer | Wireless

Other Related News:

Making Real Money With Broadband Networks

August 11, 2008

Apple is reportedly looking ramp up manufacturing outside China Pehal News

May 23, 2022

Alibaba Invests In Ucweb Technology

June 4, 2009

Chinese Handset Manufacturer Outsources To Egypt

April 16, 2008

Whalerock Point Partners LLC Raises Stock Holdings in Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) WKRB News

September 14, 2021

December 31st Options Now Available For Taiwan Semiconductor Manufacturing (TSM) Nasdaq

November 12, 2021

TechFaith Reports Poor Financial Results

May 15, 2006

Mitsubishi UFJ Trust & Banking Corp Sells 50,181 Shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) Transcript Daily

September 22, 2021

China proposes adding cryptocurrency mining to 'negative list' of industries

October 10, 2021
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....