TSMC annual net revenue 2015-2023

In 2023, Taiwan Semiconductor Manufacturing Company (TSMC) gained over 2.16 trillion New Taiwan dollars of net revenue. As a global semiconductor market leader, TSMC has been a crucial supplier to many huge consumer electronics corporations like Apple.

 Leading wafer foundry

Despite being a relatively unheard of brand, TSMC plays a very important role in the global technology scene by being the leading wafer foundry in the world. Wafers are a thin piece of semiconductor which are often used in fabricating integrated circuits and are very commonly found in all kinds of electronics, especially consumer electronics like smartphones and Internet-of-Things gadgets. In the fourth quarter of 2023, TSMC held over half of the revenue share in semiconductor foundries worldwide, which was over 30 percent more than Samsung, the Korean counterpart. In 2022, TSMC had shipped over 12 million twelve-inch equivalent wafers in exports, with another two million for local use.

 Business operation 

 With the United States being a global technology hub, its demand for sophisticated electronic parts such as wafers is also very high. Therefore, it is not surprising to observe that around 60 percent of the net profit of TSMC came from United States, followed by China at around 17 percent. In terms of consumer electronics types, smartphones composed almost half of the net profit of TSMC, while high performance computing electronics, such as laptops and tablets, constituted around 30 percent of the profits.