April fall for TSMC

Author: EIS Release Date: Jun 2, 2020


TSMC’s April  revenues were down  15.4% sequentially to $3.21 billion which was 28.5% up on April 2019.

The company’s cumulative, January-April,  revenue is up 38.6% ay $13.4 billion.

TSMC expects Q2 revenue of between $10.1 and $10.4 billion and 2020 full year revenue growth of 14-19%.

TSMC expects the non-memory semiconductor market to be flat this year and forecasts that the foundry segment will grow btween 7% and 13%.