$Taiwan Semiconductor (TSM.US)$[Share Link: TSMC]It announce...

$Taiwan Semiconductor(TSM.US)$TSMCIt announced today (7th) that consolidated revenue for January of this year was approximately $215.85 billion, up 22.4% month-on-month and 7.9% year-on-year, a new high for the same period in the previous year.

TSMC previously said it would release a positive message for this year's operations, indicating that the company expects healthy operating growth, and expects full-year US dollar revenue to grow quarter-on-quarter as customer inventories decline. NON-MEMORY SEMICONDUCTOR REVENUES ARE EXPECTED TO GROW BY MORE THAN 10% THIS YEAR, WAFER INDUSTRY REVENUE GROWTH OF ABOUT 20%, AND TSMC'S REVENUE GROWTH WILL STILL EXCEED OVERALL WAFER INDUSTRY LEVELS, ESTIMATED AT 21% TO 26%.

TSMC Japan's Kumamoto plant is set to open on February 24, and production is expected to start in the fourth quarter of this year. On the 6th, the Kumamoto plant officially announced the expansion of the Kumamoto plant, the construction of the second wafer plant, and is scheduled to begin operations at the end of 2027. In the future, Kumamoto's two wafer plants will produce more than 10 million 12-inch wafers per month, providing 40nm, 22/28nm, 12/16nm and 6/7nm process technologies for automotive, industrial, consumer and high-performance computing (HPC) applications. (Reporting by Chia-qi Chang)