Three Largest Taiwan Semiconductor Contract Manufacturers To Exceed $ 60 Billion This Year

This year, the combined revenues of the three largest Taiwanese contract semiconductor manufacturers will grow by 17% to exceed $ 60 billion. This forecast is given by Digitimes Research experts.

Last year, TSMC, UMC and VIS earned $ 52.69 billion. In the fourth quarter of 2020 alone, these three manufacturers’ revenues hit a record $ 14.58 billion, up 4.4% year over year.

Three Largest Taiwan Semiconductor Contract Manufacturers To Exceed $ 60 Billion This Year

Growth is forecast to be 1.7% in the current quarter. This means that the listed companies will receive $ 14.83 billion. Analysts attribute the revenue growth to demand driven by measures to reduce the spread of coronavirus. Simply put, a massive shift to remote work and training. In addition, increased demand for chips for automotive electronics and an increase in the average price of chips will affect.

Capital investments of TSMC, UMC and VIS this year will total $ 28 billion, most of which will come from TSMC. According to Digitimes Research, the listed companies had a combined capex of $ 18.3 billion in 2020, reaching a record high.

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