While the official announcement took place yesterday regarding TSMC's figures for the 2nd quarter of the year, many brand experts already agree that TSMC's third quarter financial results will be up. According to supply chain sources interviewed by Reuters,iPhone 13 saleswill be largely responsible for this increase in turnover for the Taiwanese brand.
TSMC is confident about the future despite the shortage
As a reminder, the financial results for the third quarter take into account the sales that will be made by the brand between July and September of this year 2022. According to first estimates, TSMC will go from a turnover of 14.88 billion dollars last year, to 19 or 20 billion dollars this year.
While the global smartphone marketsuffers greatly from the crisis, and in particular galloping inflation, Apple does not seem concerned by this problem, and the apple brand still attracts as many customers. According to sources within the supply chain, sales of the iPhone 13 continue to be very good in July, and the numbers have no reason to decline, while Apple is expected to announce the iPhone 14 in early September .
The semiconductor market is still doing very well
According to C. Wei, CEO of TSMC, the current difficulties facing the brand, causing the shortage of semiconductors that we are experiencing, should not have a long-term impact for the firm. He assures that demand is still “firm” and that TSMC’s production capacities allow us to believe in “structural growth” for the coming years.
With an increase expected for the third quarter during the 26 to 29%, TSMC is aiming big and risks making 2022 its record year. During the quarter which has just ended,the Taiwanese brandraked in just over 7.6 billion euros in net profit, a record for this time of the year which ridicules the figures for 2021 (+76%).
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By : Keleops AG
