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TSMC’s Net Revenues for April 2017 Decreases of 33.8% from March
By Korbin Lan
Published: May 11,2017
TAIPEI, Taiwan - TSMC yesterday announced its net revenues for April 2017, were approximately NT$56.87 billion, a decrease of 33.8 percent from March 2017 and a decrease of 14.9 percent from April 2016. However, its revenues for January through April 2017 totaled NT$290.79 billion, an increase of 7.6 percent compared to 2016.
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Regardless of the April revenue fell sharply, TSMC still said that it will not change its second quarter revenue forecast.
At its Q1 investor conference in April, TSMC had projected a conservative second quarter outlook, stressed that the sales of second quarter will decline due to drought period of new products of main customers and inventory.
However, TSMC forecasted a strong revenue growth in the second half of this year, and its annual revenue can grow five to ten percent.
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