TSMC Revenue Rises 50% in November Despite Covid Challenges
The Taiwan Semiconductor Manufacturing Co. (TSMC) headquarters in Hsinchu, Taiwan.
Photographer: Lam Yik Fei/BloombergThis article is for subscribers only.
Taiwan Semiconductor Manufacturing Co. reported sales rose by 50% in November, a month challenged by slumping consumer electronics demand and Covid disruptions in China.
The world’s biggest maker of made-to-order chips reported revenue of NT$222.7 billion ($7.3 billion) for the period, adding to a long streak of increasing sales that was supercharged by a spike in demand during the pandemic. The company is also the exclusive supplier of Apple Inc.’s Silicon chips for iPhones and Macs.