Report of Foreign Issuer (6-k)
January 12 2017 - 6:39AM
Edgar (US Regulatory)
1934 Act Registration No. 1-14700
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of January 2017
Taiwan
Semiconductor Manufacturing Company Ltd.
(Translation of Registrants Name Into English)
No. 8, Li-Hsin Rd. 6,
Hsinchu Science Park,
Taiwan
(Address of
Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F ☒ Form 40-F ☐
(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes ☐ No ☒
(If Yes is marked, indicated below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82:
.)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
|
|
|
|
|
|
|
|
|
|
|
Taiwan Semiconductor Manufacturing Company Ltd.
|
|
|
|
|
Date: January 12, 2017
|
|
|
|
By
|
|
/s/ Lora Ho
|
|
|
|
|
|
|
Lora Ho
|
|
|
|
|
|
|
Senior Vice President & Chief Financial Officer
|
TSMC Reports Fourth Quarter EPS of NT$3.86
Hsinchu, Taiwan, R.O.C., Jan 12, 2017
TSMC today announced consolidated revenue of NT$262.23 billion, net income of NT$100.20 billion,
and diluted earnings per share of NT$3.86 (US$0.61 per ADR unit) for the fourth quarter ended December 31, 2016.
Year-over-year, fourth quarter
revenue increased 28.8% while net income and diluted EPS both increased 37.6%. Compared to third quarter 2016, fourth quarter results represent a 0.7% increase in revenue, and a 3.6% increase in net income. All figures were prepared in accordance
with TIFRS on a consolidated basis.
In US dollars, fourth quarter revenue was $8.25 billion, which increased 0.7% from the previous quarter and
32.3% year-over-year.
Gross margin for the quarter was 52.3%, operating margin was 41.9%, and net profit margin was 38.2%.
Shipments of
16/20-nanometer
accounted for 33% of wafer revenues, and
28-nanometer
process technology accounted for 24% of total wafer revenues. Advanced technologies, defined as
28-nanometer
and more advanced technologies, accounted for
57% of total wafer revenues.
Due to stronger demand for TSMCs
16-nanometer
technology and a more
favorable exchange rate than our original forecast, fourth quarter revenue surpassed the
high-end
of our guidance given three months ago, said Lora Ho, SVP and Chief Financial Officer of TSMC.
Moving into first quarter 2017, we forecast the demand is weaker than the prior quarter due to mobile product seasonality and slightly above seasonal supply chain inventory at the end of 2016. Based on our current business outlook and exchange
rate assumption of 1 US dollar to 32.0 NT dollars, management expects overall performance for first quarter 2017 to be as follows:
|
|
|
Revenue is expected to be between NT$236 billion and NT$239 billion;
|
|
|
|
Gross profit margin is expected to be between 51.5% and 53.5%;
|
|
|
|
Operating profit margin is expected to be between 40.5% and 42.5%.
|
The management also expects 2017 capital
expenditures to be about US$10 billion.
TSMCs 2016 Fourth quarter consolidated results :
(Unit: NT$ million, except for EPS)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4Q16
Amount
a
|
|
|
4Q15
Amount
|
|
|
YoY
Inc. (Dec.) %
|
|
|
3Q16
Amount
|
|
|
QoQ
Inc. (Dec.) %
|
|
Net sales
|
|
|
262,227
|
|
|
|
203,518
|
|
|
|
28.8
|
|
|
|
260,406
|
|
|
|
0.7
|
|
Gross profit
|
|
|
137,109
|
|
|
|
98,925
|
|
|
|
38.6
|
|
|
|
132,051
|
|
|
|
3.8
|
|
Income from operations
|
|
|
109,907
|
|
|
|
77,964
|
|
|
|
41.0
|
|
|
|
106,263
|
|
|
|
3.4
|
|
Income before tax
|
|
|
112,047
|
|
|
|
80,644
|
|
|
|
38.9
|
|
|
|
108,250
|
|
|
|
3.5
|
|
Net income
|
|
|
100,200
|
|
|
|
72,837
|
|
|
|
37.6
|
|
|
|
96,759
|
|
|
|
3.6
|
|
EPS (NT$)
|
|
|
3.86
|
b
|
|
|
2.81
|
b
|
|
|
37.6
|
|
|
|
3.73
|
b
|
|
|
3.6
|
|
a:
|
4Q2016 figures have not been approved by Board of Directors
|
b:
|
Based on 25,930 million weighted average outstanding shares
|
About TSMC
TSMC is the worlds largest dedicated semiconductor foundry, providing the industrys leading process technology and the foundrys largest
portfolio of process-proven libraries, IPs, design tools and reference flows. The Companys owned capacity in 2016 reached above 10 million
(12-inch
equivalent) wafers, including capacity from three
advanced
12-inch
GIGAFAB
®
facilities, four eight-inch fabs, one
six-inch
fab, as well as TSMCs wholly
owned subsidiaries, WaferTech and TSMC China. TSMC is the first foundry to provide both 20nm and 16nm production capabilities. Its corporate headquarters are in Hsinchu, Taiwan. For more information about TSMC please visit
http://www.tsmc.com
.
# # #
|
|
|
|
|
|
|
TSMC Spokesperson:
|
|
TSMC Acting Spokesperson:
|
|
For Further Information:
|
|
|
|
|
|
|
Lora Ho
Senior VP & CFO
Tel:
886-3-505-4602
|
|
Elizabeth Sun
Senior Director
Corporate Communication
Division
Tel: 886-3-568-2085
Mobile:
886-988-937-999
E-Mail:
elizabeth_sun@tsmc.com
|
|
Michael Kramer
Project Manager
Tel: 886-3-563-6688
Ext. 7125031
Mobile:
886-988-931-352
E-Mail:
pdkramer@tsmc.com
|
|
Hui-Chung Su
Senior Administrator
PR Department
Tel: 886-3-563-6688
Ext. 7125033
Mobile:
886-988-930-039
E-Mail:
hcsuq@tsmc.com
|
Taiwan Semiconductor Man... (NYSE:TSM)
Historical Stock Chart
From Aug 2024 to Sep 2024
Taiwan Semiconductor Man... (NYSE:TSM)
Historical Stock Chart
From Sep 2023 to Sep 2024