TSMC growth surges on

  • TSMC has wrapped up yet another stellar quarter. The chipmaker’s profit rose 18 percent year-on-year to NT$39.6 billion ($1.3bn). As usual, strong demand for smartphone and tablet chips helped boost TSMC’s profitability.

    TSMC’s gross margin was 45.8, beating its own guidance. Revenue rose 26 percent compared to a year ago and it now stands at NT$132.7 billion.

    What’s more, TSMC expects the positive trend to continue. It is ramping up spending and planning to invest $9 billion to increase production capacity this year, up from $8.3 billion in 2012.

    TSMC’s 28nm process is mature and its 20nm fabs are apparently already ahead of schedule.

    The rumour mill has been abuzz with talk of a very lucrative Apple deal as well and at this point it seems more than likely that Apple will tap TSMC’s 20nm process once it is ready for prime time.

Related Stories

7 Basic Tips & Tricks Every New Mac Owner Should Know  

Xiaomi Air 13 Laptop Sale + Coupon

Powerful Advice for Avoiding Distractions in the Workplace