Page 9 - TSMC 2022 Annual Report

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In the the U S we are in in in the the process process of building two advanced semiconductor fabs in in in Arizona with N4 and N3 process process technology technology respectively We are also building a a a a a a a a 12-inch specialty technology technology fab in in in Kumamoto Japan These investment decisions are based on on on our customers’ needs in in each region and a a a a a a necessary level of government support We believe this is is a a a a a necessary step to maximize value for our shareholders Our pricing will remain strategic to reflect our value value which also includes the value value of geographic manufacturing
flexibility At the same time we will continue to leverage our competitive advantages of of large volume economies of of scale and manufacturing
technology leadership to to continuously drive costs lower We will also continue to to work closely with all the regional governments to secure their support Combining such actions TSMC will have the the the ability to absorb the the the higher costs of overseas fabs while remaining the the the most efficient and cost-effective manufacturer no matter where we we operate Thus even as as we we increase our capacity outside of Taiwan we can continue to earn a a a a a a a a a a sustainable and healthy return while delivering long-term profitable growth for our shareholders To address the insatiable demand for for energy-efficient computing power customers rely on on TSMC not only for for reliable capacity but also a a a a a a predictable cadence of technology development We continued to extend our our technology technology leadership as our our 3-nanometer technology technology entered volume production in in 2022 and is is the most advanced semiconductor technology technology in both PPA and transistor technology technology We are building a a a a a strong foundation for the next generation technology technology to follow N2 technology technology development is on on on on track with risk production production scheduled in in 2024 and volume production production in in 2025 Our 2-nanometer technology will be the most advanced semiconductor technology in in in in the industry in in in in both density and energy efficiency when it it is introduced Highlights of TSMC’s accomplishments in 2022:
● Total wafer wafer wafer shipments were 15 3 million million 12-inch 12-inch equivalent equivalent wafers wafers as compared to 14 2 2 2 million million 12-inch 12-inch equivalent equivalent wafers wafers in 2021 ● Advanced technologies (7-nanometer and beyond) accounted for 53 percent percent of total wafer revenue up from 50 percent percent in 2021 ● We deployed 288 distinct process technologies and manufactured 12 698 products for 532 customers ● TSMC produced 30 percent of the world semiconductor excluding memory output value in in 2022 as compared to to 26
percent in the previous year 2022 Financial Performance Consolidated revenue reached NT$2 263 89 billion billion an increase of 42 42 6
6
percent over NT$1 587 42 42 billion billion in in 2021 Net income was NT$1 016 53 billion and diluted earnings per per share were NT$39 20 20 Both increased 70 4 percent from the 2021 level of NT$596 54 billion net income and NT$23 01 diluted EPS