TSMC sales leap forward in October….again

TSMC sales leap forward in October….again

Business news |
By Peter Clarke

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Taiwan Semiconductor Manufacturing Co. Ltd. (Hsinchu, Taiwan) recorded a massive jump in sales revenue for the month of October counterpointing the trend at other foundries and chip companies.

TSMC’s sales were up 34.8 percent compared with the previous month and up 15.7 percent compared with October 2022 which was itself a stand-out month (see TSMC’s October sales leap forward).

TSMC’s October sales were NT$243.2 billion (about US$7.52 billion) and the year-to-date sales were NT$1,779.4 billion, down 3.7 percent compared with the first ten months of 2022.

October 2023 was TSMC’s first month to record annual growth since February and suggests the company is benefitting from some leading-edge sales into the smartphone sector where it is a market leader. With the prospect of 3nm sales kicking TSMC now looks set to outperform its own prediction of a 10 percent contraction of sales in 2023.


In contrast foundry United Microelectronics Corp. had October sales of NT$19.2 billion (about US$593.6 million) that were flat sequentially and down 21.2 percent compared with October 2022.

UMC’s year-to-date sales were NT$186.8 billion (about US$5.77 billion) down 20.6 percent compared with the first ten months of 2022. UMC’s sales contraction has been consistently around the 20 percent mark since February but with signs of a gradually improving situation since August 2023.

Related links and articles:

News articles:

September sees foundries’ lacklustre sales continue

TSMC’s October sales leap forward

Taiwan foundries’ sales declines continue

TSMC sees headwinds, flips to 10 percent decline forecast

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