TSMC's 3Q 2020 Revenue Hits USD 12.14 Bn, Up 29.2% YoY
Taiwanese foundry TSMC (TSM:NYSE, 2330:TW), the world's largest semiconductor manufacturer, generated over USD 12.14 billion in revenue in the third quarter of 2020, per industry sources.
Meanwhile, the chipmaker's gross profit margin reached 53.4%, which is 5.8% higher than that in the third quarter of 2019.
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On January 16, Jiang Shangyi, vice chairman of SMIC, said at the second annual conference of SMIC that "the semiconductor application market has experienced significant changes. With the restructuring of the chip supply chain, different applications need different chips, and the demand for chips has become diversified."
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Semiconductor Equipment Sales in China to Reach CNY 21.3 Bn in 2020
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Nearly 20,000 New Chipmakers Registered in China in 3Q 2020
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TSMC Unveils First 5nm Process Revenues: 8% of Total in 3Q 2020
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