TSMC, the largest contract manufacturer of semiconductor products, published a report for the first quarter 2013.
Consolidated revenues for the three months of the year amounted to 4.45 billion dollars, and net income, which takes into account the cost of doing business, depreciation, taxes and other expenses, was equal to 1.33 billion dollars (in fact, it is a gain prior to the payment of dividends).
Compared with the figures in the first quarter of 2012,TSMC revenue increased by 25.7%, net income - by 18.2%.
Compared with the figures in the fourth quarter of 2012, revenues increased by 1.0%, while net income - decreased by 4.9%.
Indicator of profitability (gross profit), calculated as the difference between revenue and cost of goods sold divided by the earnings in the reporting period was equal to 45.8%.
Compared with the first quarter last year the share of income has increased from 5%to 24% ( 28-nanometer production). Another 23% came from products manufactured according to 40 and 45 nm.
TSMC expects this year to increase investment from the previously planned $ 9 billion to 9.5-10 billion dollars.