Tsmc increases its turnover in the month of September
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TSMC has officially announced its results for the month of September. The well-known chip maker has been chaining good results for a while, so it is looking forward to seeing what the month of September would be like in your case. A month that sees how its turnover increases and leaves us with results that improve what analysts expected.
TSMC increases its turnover in September
Also the results so far this year are being better than many thought. So the firm seems to know how to stay in the market, despite the changes and complexity of the market.
Increased turnover
TSMC has left investors with the following figures: Revenue for September 2019 was approximately Taiwanese $ 102.17 billion, a 3.7% decrease from August 2019 and a 7.6% increase from September 2018 Revenue from January to September 2019 thus reaches 752.75 billion Taiwanese dollars. This represents an increase of 1.5% compared to the same period in 2018.
The increase in turnover is important for the company, so the results are positive. It must be remembered that the company has important clients around the world such as Samsung or Huawei.
Without a doubt, elements such as the trade war are something that may influence TSMC's results for the coming months. So we will follow with interest the results of the company in these next months of the year, to see what changes there are.
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