According to Taiwan Economic Daily News reported that TSMC President Wei Zhejia pointed out today in the corporate presentation, is expected this year, excluding the semiconductor industry revenue inventory fears will be reduced by 4%, wafer foundry industry revenue will be reduced by 3%, TSMC revenue this year will be a slight increase.
TSMC said, due to the weak end market demand and customers continuing to de-stocking, revenue is expected to be about $16.7 billion to $17.5 billion in the first quarter of this year, at a median of $17.1 billion (about 115.767 billion RMB), will be about 14.2% lower than the previous year.
TSMC’s gross margin for the first quarter is expected to be 53.5% to 55.5% and its operating margin is expected to be 41.5% to 43.5% due to lower capacity utilization and the lack of economic scale in the early stages of 3nm volume production.
TSMC’s president, Wei Zhejiang, pointed out that last year’s semiconductor industry revenue, excluding internal storage, grew about 10%, and foundry revenue grew 27%; TSMC’s revenue was $75.88 billion (about 513.708 billion RMB), an increase of 33.5%.
Looking ahead to 2023, Wei said the semiconductor industry boom is expected to bottom out in the first half of this year and should recover healthily in the second half of the year, with semiconductor revenue excluding inventory decreasing by 4%, foundry revenue decreasing by 3%, and TSMC revenue expected to grow slightly in USD.
