TSMC November sales rise 4.7% from October

Focus Taiwan
Date: 12/10/2020
By: Jackson Chang and Evelyn Kao

Taipei, Dec. 10 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC), a supplier to Apple Inc, on Thursday reported sales of NT$124.865 billion (US$4.42 billion) for November, up 4.7 percent from the previous month, thanks to strong sales of Apple's iPhone 12.

The November figure marked the second highest monthly sales in TSMC's history, after its NT$127.585 billion in September, the company said in a statement.

Meanwhile, TSMC said, its consolidated revenue for October and November was NT$244.168 billion.

The company, the world's largest contract chipmaker, is expected to reach or surpass its business goals for the fourth quarter, an analyst said, noting that TSMC has forecast fourth-quarter revenue of US$12.4 billion-US$12.7 billion.    [FULL  STORY]

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