On February 10th TSMC reported consolidated revenue of about T$103.68 billion (about 24.1 billion yuan) in January 2020, up 32.8 percent from T$78.09 billion (about 18.1 billion yuan) a year earlier. TSMC is confident of this year’s growth, President Wei Zhejia expects that this year’s global wafer foundry output value growth of 17%, TSMC benefit from 5G and AI drive, 7nm, 5nm and other advanced process demand is strong, confident that this year’s operation is better than the industry average.
During this year’s outbreak, TSMC said operations were not affected, production at the plant was not interrupted and it was still on shift as usual. In addition, in order to tie in with the local government to delay the start of construction measures, Nanjing plant on February 3 fully resumed work, Shanghai plant on February 10 fully resumed work, but will not affect production and manufacturing.
TSMC is currently the world’s most valuable chip company, with a market capitalisation of $295.7 billion per share as of February 10, 2020, up from $283.95 billion for Intel.