According to foreign media reports, in the consumer electronics demand decline, the demand for chips also fell significantly, a number of manufacturers affected by the general background, TSMC has not been spared, in dollar terms, their revenue has declined for two consecutive quarters ringgit, in the first quarter also fell again after many years year-on-year, and is expected to decline in the next quarter’s revenue year-on-year ringgit will still decline.
With the chip industry still in a bleak position, and revenue in the first and second quarters underwhelming, TSMC’s revenue for the full year is also expected to be affected. In the Q1 earnings analyst call, TSMC CEO Chieh-Jia Wei revealed that they expect a low to mid-single-digit percentage decline in revenue for the full year.
Although TSMC has expected its revenue to decline this year, but from the reports, there are still some industry insiders who believe that TSMC’s revenue is expected to grow this year under optimal conditions.
Citing sources in the semiconductor field, the media reported that orders for the next-generation iPhone will be the key to determining whether TSMC’s revenue can have moderate growth this year.
According to the naming convention, Apple’s next-generation iPhone, the iPhone 15 series, is still expected to be equipped with two chips, including two high-end versions equipped with A17 bionic chips and expected to use TSMC’s 3nm process, while the other two are equipped with the same A16 bionic chips of the iPhone 14 Pro series.
Considering the strong market demand for the new iPhone, the demand for the chip will be quite huge, and as the exclusive OEM of Apple’s A chip for many years, TSMC will have significant revenue.
In addition, Apple has been TSMC’s number one customer for many years, contributing around 20% of revenue in recent years. Apple’s orders are critical to TSMC and have a significant impact on its revenue growth or not.