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TSMC Announces Q3 Consolidated Revenue of NT$212.51 Billion, Increases 1.7% of YoY

Published: Oct 15,2015

TAIPEI, Taiwan - TSMC today announced consolidated revenue of NT$212.51 billion, net income of NT$75.33 billion, and diluted earnings per share of NT$2.91 (US$0.46 per ADR unit) for the third quarter ended September 30, 2015.

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Year-over-year, third quarter revenue increased 1.7% while net income and diluted EPS both decreased 1.3%. Compared to second quarter 2015, third quarter results represent a 3.4% increase in revenue, and a 5.1% decrease in net income. All figures were prepared in accordance with TIFRS on a consolidated basis.

In US dollars, third quarter revenue was $6.67 billion, which was essentially flat with the previous quarter but decreased 4.3% year-over-year.

Gross margin for the quarter was 48.2%, operating margin was 36.9%, and net profit margin was 35.4%. Due to the termination of TSMC Solar operation in third quarter, TSMC incurred a loss of NT$2.8 billion, which negatively impacted operating profit margin by about 1.3 percentage points and EPS by about NT$0.08.

Shipments of 16/20-nanometer accounted for 21% of wafer revenues, and 28-nanometer process technology accounted for 27% of total wafer revenues. Advanced technologies, defined as 28-nanometer and more advanced technologies, accounted for 48% of total wafer revenues.

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