TSMC Reports 2017 Revenue: $ 33 Billion | Up 3% YoY

According to "Financial Times" Beijing time January 10 reported that Apple chip foundry TSMC today announced the results of 2017. The report shows that TSMC last year revenues of 977.45 billion yuan (about 330 billion U.S. dollars ), An increase of 3% over the same period of last year.

TSMC, the sole processor of Apple's core processors, reported revenue of 977.45 billion yuan in 2017, up 3.1% from NT 947.94 billion in 2016.

TSMC also ended with a more robust December performance in 2017. TSMC last December revenue of NT $ 89.9 billion, an increase of 15.1%, but down 3.5% in November last year.

In the third quarter of last year, TSMC consolidated revenue of NT $ 251,207 million (US $ 8,341 million), a decrease of 3.2% over the 260.46 billion yuan recorded in the same period of last year. Its net profit was NT $ 89,925 million (approximately US $ 297.5 million) , A decrease of 7.1% from RMB96,759 million for the same period of last year.

TSMC fell 2.3% today, less than the broader market performance. Taiwan's Weighted Index fell 0.8% today.