Page 203 - TSMC 2019 Annual Report

Platform
Smartphone
High Performance Computing
Internet of Things
Automotive 47,914,518 Digital Consumer Electronics 53,733,395 Others 42,559,654
$ 1,069,985,448
Years Ended December 31
2019
2018
$ 466,452,280 341,910,195 65,091,314 51,709,787 58,470,179 47,839,802
$ 1,031,473,557
$ 523,612,863 315,822,311 86,342,707
Resolution 2019
7-nanometer $ 249,548,139 10-nanometer 23,266,355 16-nanometer 186,700,858 20-nanometer 9,535,831 28-nanometer 149,578,719
2018
$ 81,680,746 96,989,486 187,370,567 23,618,466 178,440,396 101,801,017 76,122,259 36,652,061 20,677,658 81,182,646 26,761,062
Wafer revenue
Starting the first quarter of 2019, the Company reported its net revenue breakdown by platform, instead
of by application. The Company believes this change better represents the Company’s results.
Commencing in 2018, the Company began to break down the net revenue by product, by geography, by resolution and by customer based on a new method which associates most estimated sales returns and allowances with individual sales transactions, as opposed to the previous method which allocated sales returns and allowances based on the aforementioned gross revenue. The Company believes the new method provides a more relevant breakdown than the previous one.
Years Ended December 31
40/45-nanometer 65-nanometer 90-nanometer 0.11/0.13 micron 0.15/0.18 micron
0.25 micron and above 
93,366,285 69,250,008 25,624,251 22,947,287 77,564,492 19,935,126
Contract liabilities (classified under accrued
expenses and other current liabilities) $ 6,784,323
$ 4,684,024
The changes in the contract liability balances primarily result from the timing difference between the
$ 927,317,351
$ 911,296,364
b. Contract balances
December 31, 2019
December 31,
2018 2018
satisfaction of performance obligation and the customer’s payment.
The Company recognized revenue from the beginning balance of contract liability, which amounted to NT$3,876,603 thousand and NT$31,769,970 thousand for the years ended December 31, 2019 and 2018, respectively.
January 1,
$ 32,434,829
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