TSMC employees receive dividends, with an average of 340,000 per capita

Mondo Technology Updated on 2024-02-07

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TSMC's board of directors today approved the 2023 employee performance bonus and remuneration with a total amount of NT$100,181.06 million, compared to about 6.6 million employees in Taiwan at the end of last year70,000 people, an average of about 149 per person520,000 yuan (about 340,000 yuan).

TSMC last year due to the impact of industrial chain inventory adjustment, the operating growth trend was suspended, and the total revenue was 2.1617 trillion yuan, down 45%, net profit attributable to the parent company was 83849.8 billion yuan, down 17 percent year-on-year5%, net profit per share of 3234 yuan.

With the decline in profits, TSMC's total employee performance bonuses and remuneration fell to 100.18106 billion yuan last year; Among them, the employee performance bonus of about 50,090.53 million yuan has been paid after each quarter, and the remuneration is about 50,090.53 million yuan, which is expected to be paid in July this year.

TSMC continues to expand its talent recruitment, and the number of employees in Taiwan increased to about 6 at the end of last year70,000 people, an average of 149 per person520,000 yuan, an average of about 186 compared with 2022770,000 yuan declined.

In order to attract and retain the company's senior executives and key talents, and link their rewards and remuneration with shareholder interests and ESG (environmental, social, and governance) results, TSMC's board of directors approved the issuance of a total of 2.96 million new shares with restricted employee rights in 2023. In addition, the issuance of no more than 418 was also approved50,000 shares of 2024 new shares restricted from employee rights will be submitted to the 2024 general meeting of shareholders for approval.

TSMC's board of directors approved the convening of the 2024 annual general meeting of shareholders, which is scheduled to be held on June 4 at the Ambassador Hotel in Hsinchu, at which 10 directors will be re-elected, including 7 independent directors.

TSMC's board of directors also approved the personnel promotion plan, and promoted Huang Renzhao, vice president of finance and chief financial officer, to senior vice president; Fang Shuhua, Deputy General Manager and General Legal Officer, is Senior Vice President.

TSMC's board of directors approved a capital budget of approximately US$9,421.48 million, which includes the construction of advanced process capacity, the construction of advanced packaging, mature or special process capacity, capitalized leased assets, and plant construction and plant engineering, including the construction of the Zero Waste Manufacturing Center in the Southern Science Park.

TSMC, the first to reach the top

Analyst Dan Nystedt pointed out in a post on the community ** platform X on the 4th that TSMC's revenue surpassed Intel and Samsung Electronics for the first time last year and became the semiconductor manufacturer with the highest revenue in the world.

According to the data listed by Nested, TSMC's revenue in 2023 will be $69.3 billion, higher than Intel's 542$300 million, and 509$900 million.

Nested's LinkedIn page shows that he is currently based in Taipei, is a vice president and research analyst at Triorient Investments, and has served as a Taipei correspondent for IDG News Service, director of the Taipei branch of Dow Jones, a reporter for the Taipei Times, and a reporter for the English-language China Post (The China Post). According to the official website of Triorient Investments, the company has been active in the Asian market since 2010, with a main focus on investing in Asia-listed companies**, especially Taiwan, Hong Kong and Singapore.

According to Bloomberg, TSMC's revenue in 2023 will be 693$5.8 billion, higher than Intel's 542$2.8 billion (Intel listed net revenue of $542.2 last year.)$2.8 billion). According to Samsung Electronics' financial report, Samsung Electronics' device solutions (DS) division, which covers the semiconductor business, had revenue of 66 percent last year59 trillion won (497.)$3.3 billion), which means that TSMC's revenue last year was also higher than Samsung Electronics' semiconductor business.

According to Bloomberg data, TSMC's revenue in 2022 will be 759$8.6 billion, which is already higher than Intel's 630$5.4 billion, but still lower than Samsung Electronics' DS division's 764$2.5 billion.

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