THE ASSOCIATED PRESS
January 13, 2022 at 18:16 JST
TSMC’s headquarters in Hsinchu in Taiwan (Asahi Shimbun file photo))
TAIPEI--Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips, reported Thursday its quarterly profit rose 16.4 percent over a year earlier to $6 billion amid surging demand for chips for smartphones and other electronics.
Revenue in the final three months of 2021 rose 21.2 percent to 438.2 billion New Taiwan dollars ($15.8 billion), TSMC announced. Profit was 166.2 billion New Taiwan dollars.
TSMC, headquartered in Hsinchu, Taiwan, makes processor chips for major brands including Apple Inc. and Qualcomm Inc.
Chipmakers have benefited from demand for next-generation telecoms, high-performance computing and chips for use in products from cars to medical devices.
TSMC announced plans last year to invest $100 billion over the next three years in manufacturing and research and development.
Most semiconductors used in smartphones, medical equipment, computers and other products are made in Taiwan, South Korea and China.
TSMC announced plans in October to build its first chip factory in Japan. The company and Sony Corp. later said they would jointly invest $7 billion in the facility.
Outside Taiwan, TSMC also operates a semiconductor wafer fabrication facility in Camas, Washington, and design centers in San Jose, California, and Austin, Texas.
The company has announced plans for a second U.S. production site in Arizona as concern grows over American reliance on sources in Asia for high-tech components.
Uncertainty over whether TSMC plant will secure domestic chips
October 15, 2021
TSMC eyes expansion in U.S., Japan to meet sustained chip demand
July 16, 2021
TSMC announces chip plant in Japan, flags ‘tight’ capacity throughout 2022
October 15, 2021
800-billion-yen package eyed to bolster Japan’s chip industry
November 25, 2021
TSMC to raise $9 billion for expansion, open Japan subsidiary
February 10, 2021
Japan urges more chip tie-ups with Taiwan at trade talks
January 11, 2022
Here is a collection of first-hand accounts by “hibakusha” atomic bomb survivors.
A peek through the music industry’s curtain at the producers who harnessed social media to help their idols go global.
Cooking experts, chefs and others involved in the field of food introduce their special recipes intertwined with their paths in life.
A series based on diplomatic documents declassified by Japan’s Foreign Ministry
A series about Japanese-Americans and their memories of World War II
