Page 6 - TSMC 2019 Annual Report

Highlights of TSMC’s accomplishments in 2019:
• Total wafer wafer shipments were 10 10 1 1 1 1 1 million million 12-inch 12-inch equivalent equivalent wafers as compared to 10 10 8 million million 12-inch 12-inch equivalent equivalent wafers in 2018 • Advanced technologies (16-nanometer and beyond) accounted for 50 percent of total wafer revenue up from 41
percent in 2018 • We deployed 272 distinct process technologies and manufactured 10 761 products for 499 customers • TSMC’s market share in in in the total semiconductor foundry segment increased to to to to 52 percent in in in 2019 as as compared to to to to 51 percent in the previous year 2019 Financial Performance
Consolidated revenue reached NT$1 NT$1 069 99 billion billion an increase of 3 3 7 7 percent over NT$1 NT$1 031 47 billion billion in in 2018 Net income was NT$345 26 billion and diluted earnings per per share were NT$13 32 Both decreased 1 1 7 percent from the 2018 level of NT$351 13 13 billion net income and NT$13 54 diluted EPS TSMC generated net income of of US$11 18 billion billion on on on on consolidated revenue of of US$34 63 billion billion which decreased 4 4 0 percent percent and and increased 1 1 1 1 3 3 percent percent respectively from the 2018 level of US$11 64 billion net income and and US$34 20 20 billion consolidated revenue Gross profit profit margin margin was was 46 0 0 percent percent compared with 48 3 3 percent percent in in in in 2018 while operating profit profit margin margin was was 34 8 8 8 percent percent percent percent compared with 37 2 2 percent percent percent percent a a a a a a a a a year earlier Net profit margin was 32 3 3 3 percent percent percent percent a a a a a a a a a decrease o of 1 7 7 percentage points from 2018’s 34 0 0 percent To implement an an an earlier profit distribution to to our shareholders TSMC transitioned from annual cash dividend to to quarterly cash cash dividend dividend in in 2019 2019 and further raised its total cash cash dividend dividend payments to to NT$10 0 0 0 0 per share in in 2019 2019 from NT$8 0 a a a year ago Technological Developments
In 2019 we continued to to to increase our our investment in in in in R&D with a a record US$2 96 billion to to to meet our our customer needs and to extend our technology leadership Our N5 N5 reached risk production production in in in 2019 and will begin volume production production in in in the first half of 2020 N5 N5 is is expected to broaden our our customer customer product portfolio and and expand our our addressable markets as customers seek to to to establish leadership positions for their products 45