TSMC’s revenue drops for the second consecutive month


Taiwanese chip maker, TSMC, recently released its monthly revenue data. The report shows that the company’s revenue for February was $1.97 billion. This is less than what it made in the same period of last year. According to data released by TSMC, its revenue in February this year was NT$60.789 billion ($1.97 billion), which was less than NT$64.641 billion ($2.09 billion) it got for the same period of the previous year. This is a 5.8% drop year-on-year.

tsmc

Gizchina News of the week


Besides the year-on-year decline of TSMC’s revenue, the company also recorded a significant decline in revenue from the previous month (January). In the first month of the year, TSMC had a revenue of NT$78.094 billion ($2.54 billion), and in February it was NT$60.789 billion, down 22%.

Although TSMC’s revenue in January was more than NT$17 billion ($550 million) higher than in February, its January revenue also fell year-on-year. TSMC’s revenue in January last year was NT$79.941 billion ($2.59 billion), and this year’s NT$78.894 billion ($2.54 billion) was a decrease of NT$1.647 billion ($53 million), down 2.1% year-on-year.

Revenue fell for two consecutive months, and TSMC’s revenue in the first two months of this year shows a big gap compared with the same period of last year. Its revenue for the first two months of this year was NT$138.983 billion ($4.4 billion), compared with NT$144.81 ($4.6 billion) in the same period last year.

Disclaimer: We may be compensated by some of the companies whose products we talk about, but our articles and reviews are always our honest opinions. For more details, you can check out our editorial guidelines and learn about how we use affiliate links.

Source/VIA :
Previous Samsung respond to Galaxy S10+ screen flickering issue
Next Vivo V15 to arrive India on March 15