TSMC a quarterly results than expected, but the worst time is over?

TSMC quarter revenue, net profit, profit margins are less than market expectations, but the market thought, led by huawei, the android camp is the guarantee of TSMC performance & other; Thigh & throughout; 。

on April 18, est pre-market, TSMC announced the first quarter of 2019, according to data, revenue in the first quarter of 2187. Nt $0. 4 billion, dipping 24. 5% year-on-year drop 11. 8%; Belonging to net profit of 61. 4 billion nt, fell 32% year on year, less than market expectations.

in TSMC said the company's first-quarter earnings decline mainly by three factors, including the terminal market, poor global economic impact of supply chain inventory adjustment, as well as high-end smartphones off-season effect.

for 2019 households with photovoltaic market, Huang Chunwei said that this year's domestic household market must return to rational, three crystal electric current to do is to make sure high quality, high efficiency, high yield, product quality, further improve the life cycle of photovoltaic power station; In the call, in the future, we use long-term sustainable vision together with the practical action to contribute for the photovoltaic industry.

TSMC had earlier in January, is expected in the first quarter of 2019 revenue plunged 22%, the reason for & other; High-end smartphones demand suddenly fell, encryption chip monetary mining demand fell sharply, and the deterioration of the global macroeconomic outlook & throughout; 。 Then again in February lowered expectations again, due to pollution incident of scrap wafer more than previous evaluation.

in TSMC announced last week march sales letters, had to be revealed in the first quarter of the overall operating conditions. Before the quarterly reports and monthly report of aggregation and no data access.

TSMC quarter revenue of $7. 1 billion, equivalent to nt $2187. 0. 4 billion yuan, fell 24. 5%. Due to the decline in capacity utilization, 7 nm process dilution effect and the photoresist wafer body defect event impact, TSMC quarter gross margin fell to 41. 3%, net profit per share 2. 37 dollars, fell 38. 6%.

but when forecast second-quarter results, more optimistic, TSMC, think & other; The worst time is past & throughout; , is expected to reach 2329 in the second quarter revenue. From 1. 7 billion to 2360. Nt $0. 2 billion, yoy increase 6. 5% ~ 7. 9%.

in the second quarter gross margin forecast at 43% ~ 45%, also from the first quarter of 41. 3% had improved significantly. The main benefit from the apple camp ( Mainly huawei) Cast slice volume growth, as well as a new generation amd processor cast piece began to heat up.

after jpmorgan chase for Asian technology released a new report pointed out that huawei's mid-range phones sell well at home, expects smartphone sales 2. 500 million ( The original estimate 2. 2 - 2. 300 million). , and will drive related supply chain manufacturer & ndash; — TSMC second-quarter revenue from the previous quarter 10% growth.