On the afternoon of October 7, TSMC announced today that due to abundant orders, the company’s operating income for the third quarter exceeded its guidance and analyst expectations.
TSMC’s consolidated revenue for September was 33.4 billion Taiwan dollars (US$1.1 billion). In the third quarter, revenue of 106.5 billion New Taiwan dollars (about 3.5 billion U.S. dollars) was exceeded, exceeding the average forecast of NT 105.8 billion.
TSMC on September 9 said that due to the increase in orders, the company's sales in the third quarter is likely to exceed the previous guidance of 102 billion to NTD 104 billion. Analysts believe that TSMC’s new orders may come from Broadcom’s mobile phone chips for Apple’s new iPhone.
TSMC’s consolidated revenue for September was 33.4 billion Taiwan dollars (US$1.1 billion). In the third quarter, revenue of 106.5 billion New Taiwan dollars (about 3.5 billion U.S. dollars) was exceeded, exceeding the average forecast of NT 105.8 billion.
TSMC on September 9 said that due to the increase in orders, the company's sales in the third quarter is likely to exceed the previous guidance of 102 billion to NTD 104 billion. Analysts believe that TSMC’s new orders may come from Broadcom’s mobile phone chips for Apple’s new iPhone.
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