TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED TSMC today announced consolidated revenue of NT$233.91 billion, net income of NT$87.63 billion, and diluted earnings per share of NT$3.38 (US$0.54 per ADR unit) for the first quarter ended March 31, 2017.
Year-over-year, first quarter revenue increased 14.9% while net income and diluted EPS both increased 35.3%. Compared to fourth quarter 2016, first quarter results represent a 10.8% decrease in revenue, and a 12.5% decrease in net income. All figures were prepared in accordance with TIFRS on a consolidated basis.
In US dollars, first quarter revenue was $7.51 billion, which decreased 9% from the previous quarter but increased 22.2% year-over-year.
Gross margin for the quarter was 51.9%, operating margin was 40.8%, and net profit margin was 37.5%.
Shipments of 16/20-nanometer accounted for 31% of total wafer revenue, and 28-nanometer process technology accounted for 25% of total wafer revenue. Advanced technologies, defined as 28-nanometer and more advanced technologies, accounted for 56% of total wafer revenue.
TSMC - Taiwan Semiconductor Manufacturing Company Ltd. published this content on 13 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 April 2017 05:38:15 UTC.
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