The Taiwanese giant of the manufacture of semiconductors, TSMC, the biggest chips manufacturer around the world, He has announced an impressive yield in the first quarter of this year, with a net profit of 361,564 million Taiwanese dollars (approximately 9,790 million euros). This figure represents an increase of 60.3% compared to the same period of the previous year, as reported by the company in a statement issued Thursday.
Key TSMC performance factors
Impact of the smartphones industry and growth in artificial intelligence
TSMC has indicated that its business was affected by a certain «temporality» in the demand for smartphones during the quarter. However, this impact was partially compensated by growth related to artificial intelligence, which contributed to the solid financial performance of the company.
Uncertainties and future risks
Wendell Huang, Senior Vice President and Financial Director of TSMC, has expressed concern about the possible effects of tariff policies on the company’s business. Although so far there have been no significant changes in customer behavior, TSMC remains vigilant in the face of the risks and uncertainties that could arise in the final markets. Huang has emphasized the importance of managing the company prudently in the middle of this changing environment.
Outstanding financial results
During the first quarter of this year, TSMC reported net sales for a total of 839,254 million Taiwanese dollars (around 22,725 million euros), which represents an increase of 41.6% compared to the same period of the previous year. In terms of exploitation result, the company reached 493,395 million Taiwanese dollars (about 13,360 million euros), which represents an increase of 56.9%.