Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) largest customer accounted for 25 percent of its total revenue last year. Analysts believe the unnamed company to be Apple Inc.
The world’s largest contract chipmaker generated NT$336.78 billion (US$11.9 billion) in consolidated sales from its largest customer last year, accounting for about 25 percent of the total, financial data provided by TSMC showed.
With TSMC believed to be the sole processor supplier for Apple’s iPhone 12, analysts said the largest customer is likely the US consumer electronics giant, which drove the chipmaker’s sales growth.
Photo: Sam Yeh, AFP
TSMC did not identify the customer.
TSMC last year posted consolidated sales of NT$1.339 trillion, a historic high and up 25.17 percent from a year earlier on the back of strong global demand for smartphones, high-performance computing devices and Internet of Things products.
TSMC said that revenue generated from its largest customer rose 36.22 percent from a year earlier, meaning its sales to the customer rose from 23 percent to 25 percent of its total sales.
As Apple is keen to unveil processors it designed itself using TSMC’s high-end technologies, analysts said that the chipmaker is expected to see sales to the US customer grow.
TSMC said it last year generated consolidated sales of NT$167.39 billion from its second-largest customer, up 9.49 percent from a year earlier.
While TSMC again did not identify the customer, which accounted for 12 percent of total sales, down from 14 percent in 2019, analysts said that the company is likely Huawei Technologies Co (華為).
Due to tensions between the US and China, Washington imposed sanctions on the Chinese smartphone company on Sept. 15 last year. TSMC stopped shipments to Huawei on Sept. 14.
However, the void left by Huawei has been quickly filled by other customers, TSMC said.
Last year, TSMC generated NT$817.91 billion in sales to the US, which accounted for 61.07 percent of its total sales, making it the largest market for the company’s products.
TSMC posted sales of NT$233.78 billion, or 17.45 percent of its total sales, to China, the second-largest market, which was followed by Taiwan, where the chipmaker generated sales of NT$129.08 billion, or 9.63 percent of its total.
Apple Inc’s iPhone 13 debut was met with a stock slump on Tuesday, keeping with a tradition of poor share price performance on the day new devices are unveiled. Shares of the technology giant sank after Apple executives, including chief executive officer Tim Cook, presented the new lineup of phones and other devices. The stock fell 1 percent to close at US$148.12 in New York trading. Prior to Tuesday, Apple’s shares fell on three-quarters of the days Apple unveiled new iPhones, data compiled by Bloomberg showed. Excluding Apple’s 8.3 percent rally on the day cofounder Steve Jobs announced the first iPhone in
As Google expands its footprint in Taiwan, it plans to recruit software and hardware talent for its Google Nest smart device team, a chip development team, and teams to support its Pixel and Chromebook products, Google Taiwan said yesterday. Supply chain management talent will also be in demand, the company said at an online event. “There will always be openings for software engineers, hardware engineers and project managers,” Google Taiwan human resources head Vanessa Lu (呂亞樵) said. “The strength of the Taiwanese industry is very clear,” Lu said, adding that the company would continue to invest in Taiwan. Lu also doused some
BEATING SCHEDULE: Government plans are for nacelle assemblies to be totally local from next year, but Orsted Taiwan said that it was going ‘above and beyond’ Wind turbine manufacturer Siemens Gamesa Renewable Energy SA yesterday inaugurated Taiwan’s first nacelle assembly plant at the Port of Taichung, its first assembly facility for offshore nacelles outside Europe. Vice Premier Shen Jong-chin (沈榮津), a long-time champion of Taiwan’s ambitions to become a regional hub in the offshore wind farm industry, described the plant as a “milestone” at a ceremony at the plant. “The completion of Siemens Gamesa’s nacelle assembly plant is a milestone for the development of the offshore wind farm industry in Taiwan and a step toward localizing the supply chain,” Shen said. “This is only the beginning. My great hope
ROBUST DEMAND: 5G, AI and Internet of Things technologies are driving growth and employment, as the company plans a new plant in Hsinchu County Contract electronics manufacturer Wistron Corp (緯創) plans to invest about NT$11.1 billion (US$400.58 million) in Taiwan, in line with its global deployment strategy, the Ministry of Economic Affairs said on Friday. The company’s investment is also a demonstration of robust demand for 5G, artificial intelligence (AI) and Internet of Things applications, the ministry said in a statement. Wistron, spun off from Acer Inc (宏碁) in 2001, is a notebook computer original design manufacturing partner to major PC brands. The company, which is based in Taipei’s Neihu District (內湖), also produces servers, data storage devices, game consoles and communications products for brand clients