The TSMC shareholders' report reveals that this year's strategy is qualitative

  The first annual report of the TSMC, led by President Liu Deyin and President Wei Zhejia, was released. It has been mentioned that advanced processes such as 7nm and 5nm are in line with expectations and are optimistic about the trends in the 5G and AI industry. Driving the growth of semiconductor production in the future. However, due to the effectiveness of the counter-wind, this year's capacity plan is expected to grow by only 2%.


The shareholders' report of Liu Deyin and Wei Zhejia in the annual report shows that 2018 is a year in which TSMC has completed many stages, including earnings, net profit and earnings per share for seven consecutive years, and successfully mass production of a 7 nanometer process, leading the same industry for at least one year.

However, compared to 2017 and 2018, the annual growth rate of production capacity was 10% and 8%, respectively. The TSMC capacity plan this year is expected to grow by only 2%, reaching 12-1300 million 12-inch waffles. With regard to wafer sales, advanced processes continue to maintain 60-70% of wafer revenue.

We look forward to this year, TSMC said that due to the weak global economy and the growth in international trade, it will seek to strengthen the core business, accelerate technology differentiation, strengthen network security and protect confidential information. measures. At the same time, 5G and AI are believed to be the next two kinetics of semiconductor industry growth.

Deliveries of waffle TSMC reached 10.8 million 12-inch waffles last year, an increase of 2.9%, providing 261 different technology processes, producing 1436 different products for 481 customers and reporting market share in integrated circuits. It has grown for 9 years and has reached 56%.

In terms of advanced processes, in addition to the massive production of 7nm leading industry, the second-generation 7nm technology (N7 +) entered the testing phase in August last year and successfully received investment from customers and completed product verification. It is expected this year to be mass produced. It will become the industry's first ultra-violet lithographic process technology (EUV). Compared to 7nm technology, the density of N7 + transistors increases by about 20%, and power consumption decreases by about 10%.

In addition, TSMC said the progress in the development of the 5nm process is in line with expectations. Trial production is expected to begin in the second quarter of this year, and consumer product design will be finalized in the first half of the year and mass production will take place in the first half of 2020. 3nm technology, it will enter the overall stage of development.

Consolidated revenue for TSMC last year was NT $ 1.03 trillion (the same unit), an increase of 5.5% over the previous year of 977.45 billion yuan; the net profit after tax is 351.13 billion yuan and the earnings per share is 13.54 yuan. An increase of 2.3%. Last year the gross profit margin was 48.3%, a decrease of 2.3 percentage points compared to the previous year; the operating profit ratio declined by 2.2 percentage points to 37.2%. The net profit margin after tax is 34%, a decrease of 1.1 percentage points compared to 35.1% in the previous year.