TAIWAN CHIPMAKER TSMC SAYS QUARTERLY PROFIT $6 BILLION
Techlife News|15, January 2022
Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips, reported Thursday its quarterly profit rose 16.4% over a year earlier to $6 billion amid surging demand for chips for smartphones and other electronics.
Revenue in the final three months of 2021 rose 21.2% to 438.2 billion New Taiwan dollars ($15.8 billion), TSMC announced. Profit was 166.2 billion New Taiwan dollars.

TSMC, headquartered in Hsinchu, Taiwan, makes processor chips for major brands including Apple Inc. and Qualcomm Inc.

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