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 March 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: March 8, 2019     By  

/s/ Lora Ho

      Lora Ho
      Senior Vice President & Chief Financial Officer


LOGO

TSMC February 2019 Revenue Report

Hsinchu, Taiwan, R.O.C. – March 8, 2019 - TSMC (TWSE: 2330, NYSE: TSM) today announced its net revenues for February 2019: On a consolidated basis, revenues for February 2019 were approximately NT$60.89 billion, a decrease of 22.0 percent from January 2019 and a decrease of 5.8 percent from February 2018. Revenues for January through February 2019 totaled NT$138.98 billion, a decrease of 3.7 percent compared to the same period in 2018.

TSMC February Revenue Report (Consolidated):

(Unit:NT$ million)

Period

   February
2019
     January
2019
     M-o-M
Increase

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

2019
     January to
February

2018
     Y-o-Y
Increase
(Decrease)
%
 

Net Revenues

     60,889        78,094        (22.0      64,641        (5.8      138,983        144,381        (3.7

 

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 February 2019.

 

1.

Sales volume (in NT$ thousands)

 

Period

 

Items

  2019    

2018

Feb.

  Net sales     60,889,055     64,640,562

Jan.–Feb.

  Net sales     138,982,882     144,381,234

 

2.

Funds lent to other parties (in NT$ thousands)

 

Lending Company

 

Limit of

lending

 

Amount Drawn

 

Bal. as of period end

TSMC China*

    57,143,691   31,584,498

 

  *

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     2,559,808

 

  *

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

 

   

 

46,335,277

 

 

 

 

Mark to Market Profit/Loss

 

   

 

(118,573)

 

 

 

 

Unrealized Profit/Loss

 

   

 

(138,012)

 

 

 

Expired Contracts

 

Notional Amount

 

   

 

66,496,673

 

 

 

 

Realized Profit/Loss

 

   

 

(42,850)

 

 

 

Equity price linked product (Y/N)

    N  


 

TSMC China

 

    Forward      

Margin Payment

   

 

 

 

 

Premium Income (Expense)

   

 

 

 

 

Outstanding Contracts

 

Notional Amount

 

   

 

11,332,431

 

 

 

 

Mark to Market Profit/Loss

 

   

 

64,381

 

 

 

 

Unrealized Profit/Loss

 

   

 

37,959

 

 

 

Expired Contracts

 

Notional Amount

 

   

 

20,892,978

 

 

 

 

Realized Profit/Loss

 

   

 

245,222

 

 

 

Equity price linked product (Y/N)

    N  

 

 

VisEra Tech

 

        Forward      

Margin Payment

 

   

 

 

 

 

Premium Income (Expense)

 

   

 

 

 

 

Outstanding Contracts

 

Notional Amount

 

   

 

368,534

 

 

 

 

Mark to Market Profit/Loss

 

   

 

(81)

 

 

 

 

Unrealized Profit/Loss

 

   

 

(446)

 

 

 

Expired Contracts

 

Notional Amount

 

   

 

660,469

 

 

 

 

Realized Profit/Loss

   

 

(2,125)

 

 

 

Equity price linked product (Y/N)

    N  

 

 

TSMC Nanjing

 

    Forward      

Margin Payment

   

 

 

 

 

Premium Income (Expense)

   

 

 

 

 

Outstanding Contracts

 

Notional Amount

   

 

3,743,843

 

 

 

 

Mark to Market Profit/Loss

   

 

(10,692)

 

 

 

 

Unrealized Profit/Loss

   

 

(5,449)

 

 

 

Expired Contracts

 

Notional Amount

   

 

6,907,375

 

 

 

 

Realized Profit/Loss

   

 

(73,525)

 

 

 

Equity price linked product (Y/N)

    N  


  (2)

Derivatives under hedge accounting.

 

 

TSMC

 

    Forward      

Margin Payment

   

 

 

 

 

Premium Income (Expense)

   

 

 

 

 

Outstanding Contracts

 

Notional Amount

   

 

6,063,399

 

 

 

 

Mark to Market Profit/Loss

   

 

9,153

 

 

 

 

Unrealized Profit/Loss

   

 

(16,848)

 

 

 

Expired Contracts

 

Notional Amount

   

 

 

 

 

 

Realized Profit/Loss

   

 

(5,426)

 

 

 

Equity price linked product (Y/N)

    N  

 

 

TSMC Global

 

    Future      

Margin Payment

   

 

(68,292)

 

 

 

Premium Income (Expense)

   

 

 

 

 

Outstanding Contracts

 

Notional Amount

   

 

8,148,854

 

 

 

 

Mark to Market Profit/Loss

   

 

34,335

 

 

 

 

Unrealized Profit/Loss

   

 

188,661

 

 

 

Expired Contracts

 

Notional Amount

   

 

11,234,282

 

 

 

 

Realized Profit/Loss

   

 

(191,166)

 

 

 

Equity price linked product (Y/N)

    N