Consider the decline of TSMC? The second quarter will increase by € 7 million this year

  On the afternoon of April 18, TSMC held its earnings meeting for the first quarter. According to the data, TSMC's consolidated sales in the first quarter were approximately 218.7 billion yuan (NT $, also below) and net income after tax was approximately 61.39 billion yuan and EPS per share was 2.37 Yuan.


Compared to the same period of 2018, revenue in the first quarter of 2019 decreased by 11.8% and profit after tax and earnings per share decreased by 31.6%. Compared to the fourth quarter of 2018, revenue decreased by 24.5% in the first quarter of 2019 and earnings after taxes by 38.6%. In US dollars, revenue for the first quarter of 2019 was $ 7.1 billion, a decrease of 16.1% over the same period in 2018 and a 24.5% decrease from the previous quarter. In addition, the gross profit margin was 41.3%, the operating profit margin 29.4% and the net profit margin after tax 28.1%.

In anticipation of the second quarter, TSMC is expected to open in the quarter due to the global economic downturn and the momentary devaluation of smartphone holdings. In addition, wafers affected by photoresist in the first quarter will be delivered to customers in the second quarter. Revenue will increase to $ 75.5 to $ 7.65 billion, an increase of 6.33 to 7.74% from the first quarter.

TSMC forecasts that the gross margin for the second quarter will rise to 43-45%, as the 7 nm film volume has increased significantly and the utilization of all processes is better than in the first quarter. In addition, TSMC pointed out that the investment will reach $ 10 to $ 11 billion for the full year.

In wafer shipments, 7% of process deliveries accounted for 22% of the company's wafer sales in the first quarter, 4 nm process deliveries to 4% and 16 nm to 16%. Overall, sales of advanced processes (16 nm and below) accounted for 42% of total wafer sales.

Today, at 1 pm (18), an earthquake of magnitude 6.1 occurred in Taiwan. The outside world is concerned about the production status of TSMC factories. Therefore, before the results meeting, TSMC said that the TSMC factories in Zhuke, Zhongke and Nanke were not affected by the earthquake inventory. In addition, there were evacuation cases in the Longtan factory in Taoyuan because of the earthquake-induced 4 earthquake, and it has now returned to normal.