Apple Plays Role in TSMC's Record Q4 Sales Beating Estimates
It's being reported today that consolidated revenues at Taiwan Semiconductor Manufacturing Company (TSMC) totaled US$6.97 billion in the fourth quarter of 2014, beating the company's guidance. Apple was noted as being one of the key factors in beating their estimates.
According to DigiTimes, the fourth quarter marked another record-setting quarter for the foundry chipmaker in terms of revenues. TSMC has announced consolidated sales of NT$69.51 billion for December 2014, down 3.8% on month but up 39.9% on year. Sales for all of the year amounted to NT$762.81 billion, rising 27.8% from 2013 levels and hitting an annual high.
TSMC's sales for 2014 were buoyed by strong demand for 8-inch wafers, and ICs built using 28nm process technology. Meanwhile, the foundry's shipments for 20nm chips to Apple were another contributing factor, according to market sources.
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