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TSMC April sales down over 13% from March

focustaiwan.tw, May. 10, 2021 – 

Taipei, May 10 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, said on Monday that its sales for April fell more than 13 percent from a month earlier, with analysts attributing the fall to the slow-season effect in the second quarter for the global smartphone market.

In a statement, TSMC said it posted NT$111.32 billion (US$4.00 billion) in consolidated sales, down 13.8 percent from March, but up 16 percent from a year earlier. The April figure was the second-lowest of the year after February's NT$106.53 billion.

Analysts said the month-on-month fall in April's sales also reflected the reduced number of working days in the month, which is when the four-day Tomb Sweeping Festival weekend fell.

In the first four months of this year, TSMC's consolidated sales totaled NT$473.73 billion, up 16.5 percent from a year earlier, on the back of rising demand for emerging technologies such as 5G applications, high-performance computing devices and Internet of Things-based gadgets.

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