TSMC's 2023 revenue fell 4.5% to NT$2,161.74 billion

Data released by TSMC shows that revenue in December 2023 was NT$176.3 billion (approximately 40.725 billion yuan), a year-on-year decrease of 8.4% and a month-on-month decrease of 14.4%.

TSMC’s revenue from January to December 2023 totaled NT$2,161.74 billion (currently approximately NT$499.362 billion), a year-on-year decrease of 4.5% from 2022.

TSMC will hold its 2023 fourth quarter financial report meeting and conference call on January 18, at which time more details will be announced.

In addition, TSMC Chairman Liu Deyin will retire after this year’s shareholders’ meeting. TSMC’s “Nomination and Corporate Governance and Sustainability Committee” recommended Vice Chairman Dr. Wei Zhejia to take over as the next chairman, and It will be based on the results of the next board of directors election in June this year.

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