TSMC sales surge as company says order books remain full

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Taiwan's TSMC forecast an up to 37% jump in current-quarter sales and said it expects chip capacity to remain very tight this year.

an up to 37% jump in current-quarter sales and said it expects chip capacity to remain very tight this year, amid a global crunch that has kept order books full and allowed chip makers to charge premium prices.

Our suppliers are facing great challenges in their supply chain from the continued impact of Covid-19 Wei said that TSMC had been facing the tool delivery problem since the beginning of this year and the company was working hard with its tool suppliers to resolve issues, including sending teams on site to support suppliers. He added that the company did not expect any impact to its capacity plan this year.

Revenue from TSMC’s smartphone business, which sells to Apple, ticked up 1% from the previous quarter in a typically soft season for the product.

 

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