TSMC's capital expenditure this year could reach $15 billion - a record high

Just as we expect a lot from phone makers, chip foundries also have a lot of work to do in improving the manufacturing process. TSMC is one of the leading smartphone chip foundries globally and it is responsible for many chips. According to a report on Taiwan's "Economic Daily", TSMC Q4 revenue could hit $10.3 billion. At the same time, TSMC's capital expenditure for this year could also hit $15 billion. Earlier forecasts believe that it will exceed $11 billion. The increase is about 27.27~36.36% and it is a new record high.

In the third quarter of this year, TSMC's operating performance was outstanding, with a net revenue of $9.396 billion. Throughout the first three quarters, TSMC's net revenue was $24.238 billion, up 1.5% year-on-year. In the third quarter, TSMC's 7nm process shipments account for 27% of wafer sales. The 10nm process shipments account for 2% of all quarter wafer sales while the 16nm process shipments account for 22%. Overall, its revenue from advanced processes (including 16nm and above) hit 51% of all-season wafer sales.

TSMC's chief financial officer and spokesperson, Huang Renzhao, said that third-quarter revenues benefited from customers adopting the industry-leading 7-nanometer process to launch new high-end smartphone products and high-performance computing applications.

Via