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TSMC posts increased May revenue
Jessie Shen, DIGITIMES, Taipei 0

TSMC has reported revenue grew 0.9% sequentially and 19.8% on year to NT$112.36 billion (US$4.06 billion) in May 2021.

TSMC's cumulative 2021 revenue through May increased 17.1% from a year earlier to NT$586.09 billion.

In addition, TSMC disclosed its board of directors had approved capital appropriations of about US$9.29 billion for the installation and upgrade of advanced technology capacity, installation of specialty technology capacity, as well as fab construction, installation of fab facility systems and capitalized leased assets, and third-quarter 2021 R&D capital investments and sustaining capital expenditures.

TSMC also rescheduled its annual shareholders meeting to July 26 from June 8 in response to the COVID-19 pandemic and relevant orders issued by the government.

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