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Search resuls for: "Taiwan chipmaker TSMC"


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TSMC posts flat fourth-quarter revenue but beats expectations
  + stars: | 2024-01-10 | by ( ) www.cnbc.com   time to read: +1 min
Taiwan chipmaker TSMC reported a largely flat fourth-quarter revenue on Wednesday, but that still beat both the company's and market's expectations. Revenue in the final three months of last year came in at T$625.5 billion ($20.10 billion), according to Reuters calculations, compared with $19.93 billion in the year-ago period. That beat Taiwan Semiconductor Manufacturing Co's, or TSMC, previous prediction for fourth-quarter revenue being in a range of between $18.8-19.6 billion, and also beat an LSEG SmartEstimate of T$617.1 billion drawn from 21 analysts. For December alone, TSMC reported that revenue fell 8.4% year-on-year to T$176.3 billion, which was down 14.4% compared with the previous month. TSMC, Asia's most valuable publicly listed company with a market capitalization of $491 billion, did not provide any details or forward guidance in its brief revenue statement.
Persons: Taiwan chipmaker TSMC, SmartEstimates, TSMC Organizations: Apple, Nvidia, Revenue, Taiwan Semiconductor Manufacturing, TSMC's Locations: Taiwan, TSMC's Taipei
A logo of Taiwanse chip giant TSMC can be seen in Tainan, Taiwan December 29, 2022.REUTERS/Ann Wang/File Photo Acquire Licensing RightsTOKYO, Oct 12 (Reuters) - Taiwan chipmaker TSMC (2330.TW) is planning to start producing 6-nanometer advanced semiconductors in its second Japan plant in Kumamoto in 2027, the Nikkei newspaper reported on Thursday. The Japanese government is considering providing up to 900 billion yen ($6 billion) in subsidies for TSMC's plan, which in total will involve an investment of about 2 trillion yen, Nikkei reported. ($1 = 149.1500 yen)Reporting by Kantaro Komiya; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
Persons: Ann Wang, Kantaro, Jason Neely Organizations: REUTERS, Rights, Nikkei, Thomson Locations: Tainan, Taiwan, Japan, Kumamoto
TAIPEI, Aug 9 (Reuters) - Taiwan chipmaker TSMC's (2330.TW) 3.5 billion euros ($3.83 billion) investment in Germany will drive deeper engagement between the island and Europe, Taiwan's economy minister said on Wednesday, pitching the political benefits of the deal. "TSMC's investment in Europe will help bring even closer cooperation between Taiwan and the EU," Taiwan Economy Minister Wang Mei-hua told reporters in Taipei, when asked if signing the BIA would get more Taiwanese chipmakers to the bloc. Taiwan has repeatedly called for progress on a BIA with the European Union. The EU included Taiwan on its list of trade partners for a potential bilateral investment agreement in 2015, but it has not held talks with Taiwan on the issue since. The TSMC investment in Germany will need approval by Taiwan's economy ministry, and Wang said they will also consider the company's "vigorous" investments at home when weighing the German plans.
Persons: Wang Mei, Wang, TSMC, Ben Blanchard, Jeanny Kao, Stephen Coates Organizations: European Union, BIA, Washington, EU, Trade Organisation, Reuters, Thomson Locations: TAIPEI, Taiwan, Germany, Europe, Beijing, Taipei, United States, Japan
April 27 (Reuters) - Germany may limit the export of chemicals to China that are used to manufacture semiconductors as part of the government's efforts to reduce its economic exposure to the Asian economic superpower, Bloomberg news reported on Thursday. It would be the latest in steps under consideration by Germany as it reassesses ties with China. Merck KGaA (MRCG.DE) and BASF (BASFn.DE), two German chemicals majors who could be affected by the export curbs if implemented, declined comment. German Economy Minister Robert Habeck had in March suggested that Berlin could impose export restrictions to China to prevent Germany from losing its technological edge. "Export controls with regard to technology must be constantly checked, constantly expanded and constantly updated," a government spokesperson added at the time.
TSMC said in December that there was "no concrete plan" to build a chip factory in Germany. Saxony officials discussed the EU Chips Act with EU Commission President Ursula von der Leyen on March 6 in Brussels, according to the state government. Germany's economy ministry said it could not comment on individual company plans, but noted the federal government was willing to support and promote semiconductor production projects under the European Chips Act. TSMC's German factory, if is goes ahead, will likely produce less advanced chips, especially those used in the auto industry, the first person said. "These are the kinds of chips German industry needs," the person added.
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