TMSC makes a new record, earns $4 billion in June with 40.8% Y-O-Y increase in revenue

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The Taiwanese semiconductor foundry who is the world’s biggest chipmaker makes a record revenue in June 2020 even in this pandemic situation. Many silicon giants like Apple, NVIDIA, AMD, Huawei, MediaTek, Qualcomm are its well-known customers which makes the foundry much more valuable and its rapid growth in much finer fabrication nodes has made it a giant in this business.

Obviously, TSMC’s commitment towards its customers is superb and so more companies are relying on the Taiwanese firm for its SoCs. TSMC, in its official site, announced its June revenue, which marked $4.1 billion, which is probably the highest ever monthly revenue for TSMC. 

TMSC makes a new record, earns $4 billion in June with 40.8% Y-O-Y increase in revenue

They even openly said that in 22 years from 1999 to 2020, this is the first time ever the company crossed or even achieved the $4 billion revenue mark. It’s highest monthly earning till now was in March 2020 of $3.8 billion and previously in May, it recorded $3.1 billion revenue which is 28.8% increase in revenue to the same month previous year.

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With June 2020’s revenue, the company has attained a whole new level because in June 2019 it only made $2.9 billion while with $4.1 billion, it made a record 40.8% increase in revenue. TSMC also disclosed its H1 2020 revenue which accounts for a total of $21 billion (January to June), which is insane and if compared to the previous year ($15.5 billion), this is almost 35.2% increase.

TSMC’s name is again in the top with this recent reports and will help gather more clients eventually and its main focus will be on Apple who is all set to launch 5nm based A14 chips this year and Qualcomm who will also be launching Snapdragon 875 chips this year based on 5nm process. TSMC will also be delivering 4nm process nodes, its 3nm process on track and 2nm process in development, so its future is also well-planned.

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Raunak Saha
A cs engineer by profession but foodie from heart. I am tech lover guy who has a passion for singing. Football is my love and making websites is my hobby.

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