• Taiwan Semiconductor Manufacturing Company

• Taiwan Semiconductor Manufacturing Company Limited (TSMC), established in 1987 with its headquarters and main operations located in the Hsinchu Science Park in Hsinchu, Taiwan, is best known for dedicated semiconductor foundry business, which is the manufacturer of integrated circuits (ICs) for customers based on their own or third parties' IC designs. 

  The company offers a range of wafer fabrication processes, including embedded non-volatile memory process, embedded dynamic random access memory (DRAM) process, mixed signal/ radio frequency (RF) process, high voltage process, complementary metal-oxide semiconductor (CMOS) image sensor process, color filter process, micro electro-mechanical system (MEMS) process and silicon germanium process, among others.

  The Company's chips are used in computer products, communications products and consumer electronic products. Various fabless high-tech companies such as Qualcomm, Altera, Broadcom, Conexant, Marvell, NVIDIA, and VIA are customers of TSMC.

• Brief

  Full name: Taiwan Semiconductor Manufacturing Company

  Chinese name: 台灣積體電路製造股份有限公司

  Short name: TSMC

  Arconym: TSMC

  Stock code: 2330

  Country: Taiwan

  Tax ID: 22099131

  Market: TSE

  Established: 21 Feb 1987

  Paid in capital: NT$259.21 billion

  Listed on TSE: 5 Sep 1994

  Website: www.tsmc.com

  Related news

  • Hermes to see revenues grow higher than 10% sequentially in 2Q13
  • TSMC presence in advance process market remains strong
  • Digitimes Research: Rising mobile device demand drives TSMC, UMC wafer shipment growth in 2Q13
  • Chipset players queuing up for TSMC production capacity
  • TSMC to budget US$1.5 billion for R&D expenditure
  • TSMC reiterates plans for 18-inch wafer manufacturing
  • TSMC reportedly to grab 100% of AP orders for 2014 model iPhone
  • TSMC MEMS foundry biz expanding, says Yole
• On display

  

  Altera 28nm Stratix V FPGA

  Photo: Company, Apr 21.

  

  Altera Stratix IV FPGA family

  Photo: Company, Dec 18.

  

  TSMC: Steady semiconductor industry growth to persist for at least a decade

  Photo: Andrea Liu, DigiTimes, Jun 23.

• Financial performance
  TSMC [2330] historical stock price (NT$)
  Date	Volume (k)	Transactions	Value	Open	High	Low	Close	Change		Ask	Bid
  23-May	35,193			110.50	111.50	108.00	108.50	-3.50	-3.13%
  22-May	31,297	8,460	3,511,424,886	112.50	113.50	111.00	112.00	-0.50	-0.44%	112.00	111.50
  21-May	17,238	5,038	1,941,365,116	113.00	113.50	112.00	112.50	-1.50	-1.32%	113.00	112.50
  20-May	14,523	4,895	1,644,361,567	112.50	114.00	112.50	114.00	+0.50	+0.44%	114.50	114.00
  17-May	19,316	6,145	2,177,150,076	112.00	113.50	111.50	113.50	+0.00	+0.00%	113.50	113.00
  16-May	44,240	10,029	5,053,068,107	115.00	116.00	113.00	113.50	-1.50	-1.30%	114.00	113.50
  15-May	26,134	6,845	2,996,394,553	115.00	116.00	113.50	115.00	-0.50	-0.43%	115.00	114.50
  14-May	27,855	7,881	3,224,146,605	115.50	116.50	115.00	115.50	+1.00	+0.87%	116.00	115.50

  • Source: TSE, compiled by Digitimes

  TSMC: Consolidated revenues, Apr 2012 - Apr 2013 (NT$m)
  Month	Sales	M/M	Y/Y	YTD	Y/Y
  Apr-13	50,071	13.5%	23.6%	182,826	25.2%
  Mar-13	44,134	7.2%	19%	132,755	25.8%
  Feb-13	41,182	(13.2%)	21.6%	88,621	29.5%
  Jan-13	47,439	27.8%	37.2%	47,439	37.2%
  Dec-12	37,114	(16.1%)	18.8%	506,249	18.5%
  Nov-12	44,253	(11.4%)	23.4%	469,134	18.5%
  Oct-12	49,938	15.2%	32.8%	424,882	18%
  Sep-12	43,353	(12.4%)	29.8%	374,944	16.3%
  Aug-12	49,497	2%	31.5%	331,591	14.8%
  Jul-12	48,525	11.7%	37%	282,094	12.3%
  Jun-12	43,427	(1.6%)	18.4%	233,569	8.2%
  May-12	44,138	9%	20.2%	190,141	6.1%
  Apr-12	40,496	9.2%	9.1%	146,004	2.5%

  *Figures are consolidated
  Source: TSE, compiled by Digitimes, May 2013

  TSMC: Non-consolidated revenues, Dec 2011 - Dec 2012 (NT$m)
  Month	Sales	M/M	Y/Y	YTD	Y/Y
  Dec-12	36,559	(16.2%)	19.6%	499,872	19.5%
  Nov-12	43,644	(11.4%)	23.9%	463,313	19.5%
  Oct-12	49,283	15.1%	32.3%	419,669	19.1%
  Sep-12	42,817	(12.4%)	30.3%	370,386	17.5%
  Aug-12	48,896	2%	32%	327,569	16%
  Jul-12	47,924	11.8%	37.3%	278,673	13.6%
  Jun-12	42,870	(1.7%)	20.2%	230,749	9.7%
  May-12	43,623	9%	21.3%	187,880	7.5%
  Apr-12	40,008	9.3%	10.4%	144,256	4%
  Mar-12	36,611	9%	0.7%	104,249	1.7%
  Feb-12	33,584	(1.4%)	5.8%	67,638	2.2%
  Jan-12	34,053	11.4%	(1.1%)	34,053	(1.1%)
  Dec-11	30,567	(13.2%)	(9.4%)	418,245	2.8%

  *Figures are not consolidated
  Source: TSE, compiled by Digitimes, May 2013

  TSMC: Consolidated revenues, 4Q11 - 4Q12 (NT$m)
  Quarter	Sales	Q/Q	Y/Y	YTD	Y/Y
  4Q-12	131,305	(7.1%)	25.4%	506,249	18.5%
  3Q-12	141,375	10.4%	32.8%	374,944	16.3%
  2Q-12	128,061	21.4%	15.9%	233,569	8.2%
  1Q-12	105,508	0.8%	0.1%	105,508	0.1%
  4Q-11	104,711	(1.7%)	(4.9%)	427,081	1.8%

  *Figures are consolidated
  Source: TSE, compiled by Digitimes, May 2013

  TSMC: Non-consolidated revenues, 4Q11 - 4Q12 (NT$m)
  Quarter	Sales	Q/Q	Y/Y	YTD	Y/Y
  4Q-12	129,486	(7.3%)	25.7%	499,872	19.5%
  3Q-12	139,637	10.4%	33.2%	370,386	17.5%
  2Q-12	126,501	21.3%	17.3%	230,749	9.7%
  1Q-12	104,249	1.2%	1.7%	104,249	1.7%
  4Q-11	103,032	(1.7%)	(3.6%)	418,245	2.8%

  *Figures are not consolidated
  Source: TSE, compiled by Digitimes, May 2013

  TSMC: Consolidated balance sheet, 4Q11 - 4Q12 (NT$k)
  Item	4Q-2012	3Q-2012	2Q-2012	1Q-2012	4Q-2011
  Current assets	252,288,635	245,325,345	280,880,903	268,123,032	225,260,396
  Long-term investments	23,430,020	23,958,462	23,372,224	23,632,874	24,900,332
  Intangible assets	10,959,569	10,888,854	10,860,551	10,969,136	10,861,563
  Other assets	8,470,613	13,716,536	15,857,773	13,037,884	13,309,563
  Assets	955,034,605	878,651,770	883,906,053	831,890,385	774,264,942
  Current liabilities	142,435,944	119,052,483	211,846,915	126,200,641	117,006,687
  Other liabilities	4,683,472	4,668,446	4,612,926	4,749,096	4,756,211
  Liabilities	229,280,906	201,505,713	253,848,405	168,307,976	142,221,391
  Stockholders' equity	725,753,699	677,146,057	630,057,648	663,582,409	632,043,551

  *Figures are consolidated
  Source: TSE, compiled by Digitimes, May 2013

  TSMC: Non-consolidated balance sheet, 4Q11 - 4Q12 (NT$k)
  Item	4Q-2012	3Q-2012	2Q-2012	1Q-2012	4Q-2011
  Current assets	207,815,340	171,455,431	206,362,984	197,779,086	158,563,352
  Long-term investments	139,264,161	132,018,796	132,250,792	127,897,713	128,200,718
  Intangible assets	6,449,837	6,323,077	6,073,257	6,192,765	6,287,000
  Other assets	5,556,792	11,287,667	13,282,079	12,543,648	12,783,145
  Assets	946,173,183	870,043,006	873,361,260	821,137,301	761,407,874
  Current liabilities	138,795,878	115,713,785	206,708,611	120,967,891	109,514,430
  Other liabilities	4,125,591	4,132,030	4,133,359	4,237,083	4,299,930
  Liabilities	222,975,469	195,499,815	245,895,970	160,204,974	131,814,360
  Stockholders' equity	723,197,714	674,543,191	627,465,290	660,932,327	629,593,514

  *Figures are not consolidated
  Source: TSE, compiled by Digitimes, May 2013

  TSMC: Consolidated income statement, 4Q11 - 4Q12 (NT$k)
  Item	4Q-2012		3Q-2012		2Q-2012		1Q-2012		4Q-2011
  	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales
  Gross sales	132,028,911		143,978,772		130,550,851		106,877,069		104,707,601
  Operating revenue	131,304,626	99.5%	141,375,451	98.2%	128,060,828	98.1%	105,507,675	98.7%	104,711,167	100%
  Gross profit (loss) from operations	61,843,749	46.8%	69,019,378	47.9%	62,470,189	47.9%	50,286,583	47.1%	46,845,924	44.7%
  Operating expenses	15,693,614	11.9%	16,376,880	11.4%	15,544,539	11.9%	14,922,644	14%	13,841,838	13.2%
  Operating income (loss)	46,254,675	35%	52,652,879	36.6%	46,711,671	35.8%	35,437,968	33.2%	32,930,057	31.4%
  Non-operating revenues and gains	2,172,396	1.6%	1,231,143	0.9%	2,176,293	1.7%	1,202,205	1.1%	986,247	0.9%
  Income from continuing operations before income tax	46,247,420	35%	53,728,546	37.3%	45,924,306	35.2%	35,653,704	33.4%	33,620,619	32.1%
  Net income (loss)	41,484,388	31.4%	49,345,233	34.3%	41,768,736	32%	33,365,332	31.2%	31,564,466	30.1%
  Fully-diluted earnings per share (NT$)	1.6		1.9		1.6		1.3		1.2

  *Figures are consolidated
  Source: TSE, compiled by Digitimes, May 2013

  TSMC: Non-consolidated income statement, 4Q11 - 4Q12 (NT$k)
  Item	4Q-2012		3Q-2012		2Q-2012		1Q-2012		4Q-2011
  	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales	NT$k	% of sales
  Gross sales	130,081,003		142,133,228		128,909,670		105,573,837		103,016,231
  Operating revenue	129,485,621	99.5%	139,636,984	98.2%	126,500,546	98.1%	104,248,736	98.7%	103,032,378	100%
  Gross profit (loss) from operations	59,356,025	45.6%	66,166,331	46.6%	60,315,108	46.8%	48,495,883	45.9%	45,186,522	43.9%
  Operating expenses	14,490,789	11.1%	15,106,396	10.6%	14,379,854	11.2%	13,529,509	12.8%	12,420,376	12.1%
  Operating income (loss)	44,969,776	34.6%	51,070,316	35.9%	45,721,275	35.5%	35,040,403	33.2%	32,817,818	31.9%
  Non-operating revenues and gains	1,858,824	1.4%	2,581,109	1.8%	5,167,787	4%	1,580,357	1.5%	977,901	0.9%
  Income from continuing operations before income tax	46,328,146	35.6%	53,483,436	37.6%	48,091,084	37.3%	35,727,282	33.8%	33,574,479	32.6%
  Net income (loss)	41,569,268	32%	49,302,730	34.7%	41,812,617	32.4%	33,474,187	31.7%	31,578,648	30.7%
  Fully-diluted earnings per share (NT$)	1.6		1.9		1.6		1.3		1.2

  *Figures are not consolidated
  Source: TSE, compiled by Digitimes, May 2013

• Taiwan Semiconductor Manufacturing Company full profile

Categories: Bits + chips Green energy Solar

Tags: 2012 China Commentary Gintech Motech PV renewable energy solar cell solar module Taiwan TSMC UMC

Topics: Digitimes comment on the solar market Page 2

Companies: Gintech Energy Motech Industries Taiwan Semiconductor Manufacturing Company United Microelectronics Corporation

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