On 14th October the Taiwanese Semiconductor firm- TSMC released its 2021 Q3 financial report announcing revenue of NT$414.67 billion (around US$14.8 billion) with a net profit of NT$156.26 billion (around US$5.56 billion). Now, the company has registered a year-on-year increase of 16.3%.
According to the report, the company performed well in this quarter with a slight increase of 16.3% in overall revenue. In addition, the company also responded to the questions about Huawei‘s chip inventory establishment. But before that, let’s take a look at the report’s major points-
TSMC 2021 Q3 Report: Key Insights
- The quarterly revenue was expected to be between 14.6-14.9 billion US$, which is as expected- 14.88 billion US$
- The gross profit margin was expected to be between 50% – 51.5% that is recorded 51.3%
- The operating profit margin is expected to be between 38.5% and 40.5%, which is higher than the expectations- 41.2%
Also Check: Chipmakers TSMC and UMC continue to rise: Report
Particularly, the 5nm chip shipment contributes a total of 18% in the revenue. However, the 7nm semiconductor technology takes on the beat with 34% shares. Meanwhile, the more advanced technologies than 7nm, estimated 52% of total wafer revenue.
Besides, TSMC also expects to maintain the same performance even higher for the next quarter after evaluating the 2021 Q3 report. In the next quarter, the company mainly focuses on the 5nm technology which is currently in high demand.
TSMC’s Response to Huawei’s inventory Correction Planning:
While asking about Huawei’s inventory correction planning, TSMC responded- this Shenzend-based firm is currently focusing on its production capability and gathering more resources. Although it’s planning to review its strategies, it’s far behind to affect TSMC.
To be mention, the Chinese technology provider previously stated about keep nourishing its chipmaking subsidiary- HiSilicon. The company lacks RF front-end technologies for manufacturing the 5G chips. Still, it’s making further plans and hiring new talents to seek possible alternative solutions.
U.S. 911 service will struggle without Huawei: Report
The U.S. banned Huawei in the name of security threats but the company has always denied it as no evidence has been found in the process. However, no one cannot deny the reach and accessibility of Huawei network equipment as it helped the company to become and remain the largest network equipment maker for years and it Huawei could also affect essential services such as 911 in the U.S.
Following the U.S. ban, Federal Communications Commission (FCC) has announced to remove all of the Huawei and ZTE made network equipment from their home-based network carriers as well as other carrier services in all sectors.
Later on, FCC announced a fund that will help carriers to remove and replace network equipment made by Huawei and ZTE as well as other blacklisted network gear makers. However, the fund wasn’t found to be sufficient and FCC then had to revise its plan and increased the overall supporting fund.
As recently, an interesting input coming from Bloomberg suggests that network carriers are still struggling to get over the Huawei network gear replacement. The main reason behind this havoc is related to the overall fund that is approved for the removal procedure.
Data suggest that over 100 telecom providers across the country connect calls for hundreds of thousands of people with network equipment made by Huawei and ZTE. This is quite a big challenge for FCC to cover and address in the latest scenarios.
Carriers are worried about the reinstallation of new equipment without adequate funding, which could cause issues in essential services such as 911 or halt it together in key U.S. areas after replacing equipment from Huawei.
The report mentions that firms including United Wireless Communications, which services 17 countries in Southwest Kansas, is choosing the services that it needs to chop if they don’t get sufficient funds to replace the network equipment.
If United Wireless doesn’t get enough of the $173.5 million it’s seeking from the FCC, cellphone connectivity at the lake, including 911 service, will be cut. If the subsidy is reduced too much, the company might have to shut down.
While in availability, Huawei has brought in cheap yet effective network services for network service providers, which are available around the globe but U.S. carriers are now realizing that it won’t be easy to leave Huawei’s hands so easily.
What is 911?
911 lines are designated for emergency calls, such as reporting a crime in progress, reporting a fire, or requesting an ambulance.
Huawei Flagship Product Malaysia Premier Launch 2022 is set for May 19
Hey Huawei consumers! Huawei is going to host the biggest flagship product premier launch 2022 conference in Malaysia on May 19 at 5 PM. At this launch event, Huawei will unveil a series of new products from the lightest foldable phone to fitness devices.
However, Huawei recently confirmed the global flagship product launch event will be held on May 18. It seems that the company is now planning to expand the availability of newly released devices in the Chinese market to the global market.
Last month, Huawei debuted various new products including the Mate Xs 2 foldable phone, Watch GT 3 Pro, Band 7, and much more. So Huawei Malaysia consumers, are you excited about the upcoming product launch event? Great! below you can check the list of devices launching on May 19.
- Huawei Mate Xs 2
- Huawei P50
- Huawei Nova Y70
- Huawei Watch GT 3 Pro
- Huawei Watch Fit 2
- Huawei Watch Kids 4 Pro
- Huawei FreeBuds SE
- Huawei Sound Joy
Wow! a bunch of product are on the way and will reach soon to Huawei Malaysia fans. So guys, save the date May 12 and stay tuned for the Huawei Flagship Product Malaysia Premier Launch 2022.
Huawei Watch GT 3 Pro:
Huawei Watch GT 3 Pro comes in two variants 46mm and 43mm. Among them, the 46mm version sports a 1.43-inch AMOLED display while the Watch GT 3 Pro 43mm features a 1.32-inch display.
Speaking about the software, the Watch GT 3 Pro is packed with the HarmonyOS system and supports a smart flashcard function and Huawei Wallet. Further, the health features include the ECG function, which has obtained a second class medical device registration certificate from Drug Administrations.
In terms of health monitoring, it offers heart rate monitoring, continuous blood oxygen monitoring, plateau blood oxygen monitoring, body temperature detection, scientific sleep monitoring, stress monitoring, and more.
Prepare to witness a series of new products, including the lightest foldable smartphone and brand new health & fitness devices.
Stay tuned for the HUAWEI Flagship Product Premier Launch 2022 in Malaysia on 19 May, 5PM.
— Huawei Mobile MY (@HuaweiMobileMY) May 13, 2022
Breaking: Huawei is hosting new global launch conference on May 18
Wow! Huawei is all set to host the new flagship product launch conference 2022 in the global market on May 18, 2022, at 14:00 CET. At the upcoming global event, the company will bring new smart products including the foldable flagship phone, fitness devices, and more.
So, global Huawei fans, are you excited about the forthcoming product launch event? Great! we are also eager to watch the live unveiling to brand new devices in the overseas market.
In this segment, Huawei has officially confirmed the global launch of the latest foldable smartphone, Huawei Mate Xs 2. Alongside this, the company will also debut Huawei Watch GT 3 Pro smartwatch, which can be your new health & fitness partner.
For your information, these devices have already marked their presence in a Chinese maker on April 28, 2022. Now, they are making their way toward the global market. At the moment, Huawei has confirmed only two products for May 18 global product launch conference.
May 18th. 14:00 CET. Save the date.
— Huawei Mobile (@HuaweiMobile) May 10, 2022
Huawei Mate Xs 2:
In summary, Huawei Mate Xs 2 foldable phone comes with an outward display with a 6.5-inch display when folded and becomes 7.80-inch after unfolding with a resolution of 2480 x 2200 pixels. It is powered by a Snapdragon 888 4G processor, 12GB of RAM, 512GB of storage as well a 4600+maAh battery. On the rear side, this foldable phone has a 50 MP triple rear camera system while the front has a 10.7MP ultra-wide selfie camera.
Huawei Watch GT 3 Pro:
Huawei Watch GT 3 Pro comes with a 1.32-inch AMOLED display, round shape-dial design, and is equipped with a HarmonyOS system, and ECG function to monitor your heart’s health. Further, it packs a long-lasting battery, IP68, and 5ATM water resistance.
In terms of sensors, it includes Accelerometer, gyro sensor, geomagnetic, optical heart rate, air pressure, and temperature sensor. Also, it supports a smart flashcard function and Huawei Wallet. So, that the users can add bank cards, transportation cards, and more to the e-wallet.