Taiwan Semiconductor Manufacturing, the world's largest contract manufacturer of microchips, said on Thursday, January 16, that it expects revenue of 10.2- 10.3 billion in the first quarter of 2020. USD due to the growing number of orders in the field of 5G mobile communication technologies and for high-performance computing systems.

The Taiwanese firm also forecasts a gross profit margin in the first quarter in the range of 48.5-50.5% with an operating profit margin in the range of 37.5-39.5%.

In the coming year, investors expect the deployment of 5G networks in most countries of the world, as well as the launch of devices capable of supporting 5G networks. The growth of Taiwan Semiconductor Manufacturing this year is likely to be driven by the mass production of chips for Apple's next-generation iPhones, as well as for new models of Huawei's Mate series devices, which are so popular in Asia.

The Taiwanese manufacturer expects that the cumulative growth in 2020 will be 5-10%, based on its expectations of benefiting this year from operating in the field of 5G mobile communication technologies and high-performance computers. Central processors, network and artificial intelligence are showing growth in the segment of high-speed computers.

The company plans to invest USD 15-16 billion in fixed assets in 2020, 80% of which will be allocated to advanced technologies, 10% to modern packaging and mass production, and the remaining 10% to special technologies.
The Taiwanese manufacturer spent 5.55 billion. USD for capital investments in the fourth quarter of 2019 compared to 3.14 billion. USD in the third quarter.

The company reported consolidated revenue of USD 10.39 billion in the fourth quarter, which is 9.5% more than a year earlier, and net profit of USD3.86 billion, which is 16.1% higher than in the same period of 2018, explaining the jump in strong demand in the smartphone-related technology segment.applications.

Orders for smartphone chips accounted for 53% of the manufacturer's sales in the fourth quarter, while orders for high-performance computer chips accounted for 29%, and processors for Internet of Things devices accounted for only 8%.

It is expected that in 2020, the semiconductor industry, with the exception of memory, will grow by 8%, and Taiwan Semiconductor Manufacturing will surpass all its competitors. https://agentlotto.com