TSMC recently released part of its results for the first quarter of the year. 2022 is off to a very good start with demand for IT components still just as high, especially for smartphones, cars and computers.
Thanks to this, TSMC can boast of seeing its profits reach 491 billion New Taiwan dollars, 15.62 billion euros. It is 36% more than in the first quarter of 2021where its profits were NT$362 billion.
In turn, semiconductor makers face a shortage of machinery
These are only estimates for the moment, the official revenues of the world’s largest semiconductor manufacturer will be presented more at the end of the month. TSMC’s revenue details should tell us more about the state of demand, whether it’s the automotive sector, or smartphones.
To respond to this, the Taiwanese giant was able to maintain part of its production in China during the pandemic, despite the many restrictions imposed by the Party. While TSMC announced at the beginning of the year to invest more than 40 billion euros to strengthen its production of chips, this record cash inflow will be a significant support. Beyond a larger production volume, the company also has to meet a demand for very sophisticated components, thanks to ever finer engravings.
While waiting to discover the official and consolidated figures, TSMC sounds a bell similar to that of Samsung. The South Korean company should also present official results at the end of the month, but has already estimated a profit of 10 billion euros, +50% compared to the first quarter of 2021. The shortage of components will finally have makes people happy.