The uplift in Q4 results meant the Taiwanese chip maker was able to end 2021 on a high amid global chip shortage.
Taiwan Semiconductor Manufacturing Company (TSMC) has announced that strong demand for its 5nm chips contributed to a 21% year-on-year revenue increase to NT$438 billion — $16 billion — during the 2021 fourth quarter. Net profit for the period ending 31 December was NT$166 billion, up 16% year-on-year. Shipments of 5nm accounted for 23% of total revenue, an increase from the 18% in the previous quarter, while 7nm accounted for 27%, which is seven percentage points lower than 3Q21. Meanwhile, advanced technologies, defined as 7nm and below, accounted for 50% of total revenue. The company also broke the Q4 revenue results down by platform, which showed smartphone and high-performance computing represented 44% and 37% of net revenue respectively, while IoT, automotive each represented 9% and 4%, and it was 3% each for digital consumer electronics and others.
