Yesterday, the world's largest contract manufacturer of chips - the Taiwanese company TSMC - announced results for the fourth quarter of calendar year 2014. Quarterly revenues amounted to 222.52 billion. New Taiwan dollars (equivalent to - $ 7.01 billion.), While net profit reached 79.99 billion. ($ 2.52 billion.). For the year quarterly revenue during the period increased by 52.6%. Net profit for the same period has increased by 78.5%. Sequential quarterly growth of revenue and profit was lower: 6.4% and 4.8%.
The equivalent increase in revenue and profit was lower, as the Taiwan currency , as well as all other world currencies this year, steadily lowering against the currency of the United States. US dollars quarterly revenue growth was 3.7%, and the annual - 46.4%. However, for Taiwanese companies exporting is just at hand. Taxes and wages they pay in the local currency. Due to the growth rate of the company is also counting on relatively flat revenues in the traditionally sluggish commercially first quarter of the new year. It expects to gain a new period of 221 to 224 billion Taiwan dollars.
Impressive annual growth in revenues and profits against the backdrop of a small sequential quarterly growth clearly indicate that the catalyst for the avalanche of cash flow was the order of Apple's 20-nm products TSMS. Indeed, the company noted that the proportion of sales from 20-nm solutions was 21%. And this is something less than a year! For mass production of 20-nm SoC Apple A8 TSMC company started in late January or early February 2014.
Also remains high demand for 28-nm production . It is reported that sales revenue 28-nm solutions brings about 30% of the company's cash flows. Typically, new process technologies in the revenue producers bring up to 20% of revenue. In the first quarter this trend - increasing the share of revenue from the exploitation of new technological processes - will continue. Quarterly gross profit TSMC promises to increase from 48.5% to 50.5%.