Form 6-K

1934 Act Registration No. 1-14700

 

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF

THE SECURITIES EXCHANGE ACT OF 1934

For the month of April 2019

 

 

Taiwan Semiconductor Manufacturing Company Ltd.

(Translation of Registrant’s Name Into English)

 

 

No. 8, Li-Hsin Rd. 6,

Hsinchu Science Park,

Taiwan

(Address of Principal Executive Offices)

 

 

(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)

Form 20-F  ☒            Form 40-F  ☐

(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)

Yes  ☐            No  

(If “Yes” is marked, indicated below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82:             .)

 

 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    Taiwan Semiconductor Manufacturing Company Ltd.
Date: April 10, 2019     By  

/s/ Lora Ho

      Lora Ho
      Senior Vice President & Chief Financial Officer


LOGO

TSMC March 2019 Revenue Report

Hsinchu, Taiwan, R.O.C. – April 10, 2019 - TSMC (TWSE: 2330, NYSE: TSM) today announced its net revenues for March 2019: On a consolidated basis, revenues for March 2019 were approximately NT$79.72 billion, an increase of 30.9 percent from February 2019 and a decrease of 23.1 percent from March 2018. Revenues for January through March 2019 totaled NT$218.70 billion, a decrease of 11.8 percent compared to the same period in 2018.

TSMC March Revenue Report (Consolidated):

(Unit:NT$ million)

Period

   March
2019
     February
2019
     M-o-M
Increase

(Decrease)
%
     March
2018
     Y-o-Y
Increase
(Decrease)
%
     January to
March

2019
     January to
March

2018
     Y-o-Y
Increase
(Decrease)
%
 

Net Revenues

     79,722        60,889        30.9        103,697        (23.1      218,704        248,079        (11.8

 

TSMC Spokesperson:

Lora Ho

Senior VP & CFO

Tel: 886-3-505-4602

  

TSMC Acting Spokesperson:

Elizabeth Sun

Senior Director

Corporate Communications Division

Tel: 886-3-568-2085

Mobile: 886-988-937999

E-Mail: elizabeth_sun@tsmc.com

  

For Further Information:

Michael Kramer

Project Manager

PR Department

Tel: 886-3-563-6688

Ext. 7125031

Mobile: 886-988-931352

E-Mail: pdkramer@tsmc.com


Taiwan Semiconductor Manufacturing Company Limited

This is to report the changes or status of 1) sales volume, 2) funds lent to other parties, 3) endorsements and guarantees, and 4) financial derivative transactions for the period of March 2019.

 

1.

Sales volume (in NT$ thousands)

 

Period

 

Items

  2019    

2018

Mar.

  Net sales     79,721,587     103,697,437

Jan.–Mar.

  Net sales     218,704,469     248,078,671

 

2.

Funds lent to other parties (in NT$ thousands)

 

Lending Company

  Limit of
lending
   

Amount Drawn

 

Bal. as of period end

TSMC China*

      56,957,462     31,503,270

 

  *

The borrower is TSMC Nanjing, a wholly-owned subsidiary of TSMC.

 

3.

Endorsements and guarantees (in NT$ thousands):

 

Guarantor

  Limit of
guarantee
   

Amount

 

Bal. as of period end

TSMC*

      419,204,416     2,565,466

 

  *

The guarantee was provided to TSMC North America, a wholly-owned subsidiary of TSMC.

 

4.

Financial derivative transactions (in NT$ thousands)

 

  (1)

Derivatives not under hedge accounting.

 

 

TSMC

 

    Forward      

Margin Payment

 

   

 

 

 

 

Premium Income (Expense)

 

   

 

 

 

 

Outstanding Contracts

 

Notional Amount

 

   

 

39,552,305

 

 

 

 

Mark to Market Profit/Loss

 

   

 

(30,655)

 

 

 

 

Unrealized Profit/Loss

 

   

 

(50,094)

 

 

 

Expired Contracts

 

Notional Amount

 

   

 

111,829,796

 

 

 

 

Realized Profit/Loss

 

   

 

(262,363)

 

 

 

Equity price linked product (Y/N)

    N  


 

TSMC China

 

    Forward      

Margin Payment

   

 

 

 

 

Premium Income (Expense)

   

 

 

 

 

Outstanding Contracts

 

Notional Amount

 

   

 

10,103,566

 

 

 

 

Mark to Market Profit/Loss

 

   

 

(13,473)

 

 

 

 

Unrealized Profit/Loss

 

   

 

(39,170)

 

 

 

Expired Contracts

 

Notional Amount

 

   

 

32,440,744

 

 

 

 

Realized Profit/Loss

 

   

 

262,828

 

 

 

Equity price linked product (Y/N)

    N  

 

 

VisEra Tech

 

        Forward      

Margin Payment

 

   

 

 

 

 

Premium Income (Expense)

 

   

 

 

 

 

Outstanding Contracts

 

Notional Amount

 

   

 

     338,078

 

 

 

 

Mark to Market Profit/Loss

 

   

 

(628)

 

 

 

 

Unrealized Profit/Loss

 

   

 

(993)

 

 

 

Expired Contracts

 

Notional Amount

 

   

 

875,439

 

 

 

 

Realized Profit/Loss

   

 

(3,061)

 

 

 

Equity price linked product (Y/N)

    N  

 

 

TSMC Nanjing

 

    Forward      

Margin Payment

   

 

 

 

 

Premium Income (Expense)

   

 

 

 

 

Outstanding Contracts

 

Notional Amount

   

 

3,427,575

 

 

 

 

Mark to Market Profit/Loss

   

 

3,986

 

 

 

 

Unrealized Profit/Loss

   

 

9,102

 

 

 

Expired Contracts

 

Notional Amount

   

 

10,849,125

 

 

 

 

Realized Profit/Loss

   

 

(72,301)

 

 

 

Equity price linked product (Y/N)

    N  


  (2)

Derivatives under hedge accounting.

 

 

TSMC

 

    Forward      

Margin Payment

   

 

 

 

 

Premium Income (Expense)

   

 

 

 

 

Outstanding Contracts

 

Notional Amount

   

 

  8,081,167

 

 

 

 

Mark to Market Profit/Loss

   

 

(52,727)

 

 

 

 

Unrealized Profit/Loss

   

 

(78,727)

 

 

 

Expired Contracts

 

Notional Amount

   

 

1,675,568

 

 

 

 

Realized Profit/Loss

   

 

(15,822)

 

 

 

Equity price linked product (Y/N)

    N  

 

 

TSMC Global

 

    Future      

Margin Payment

   

 

(45,228)

 

 

 

Premium Income (Expense)

   

 

 

 

 

Outstanding Contracts

 

Notional Amount

   

 

4,334,698

 

 

 

 

Mark to Market Profit/Loss

   

 

(57,247)

 

 

 

 

Unrealized Profit/Loss

   

 

97,067

 

 

 

Expired Contracts

 

Notional Amount

   

 

16,259,742

 

 

 

 

Realized Profit/Loss

   

 

(222,648)

 

 

 

Equity price linked product (Y/N)

    N