TSMC (2330) held a legal person briefing, put forward the first quarter outlook. Based on the NT dollar exchange rate at 32 yuan under the assumption that the first quarter of this year combined revenue will be between 2,360 ~ 239 billion yuan, compared with the fourth quarter of last year fell 8.9 ~ 10.0%, the average gross margin between 51.5 ~ 53.5 %, Business interest rate between 40.5 ~ 42.5%.

       TSMC chairman Zhang Zhongmou said that this year's global smart phone shipments this year will grow 6% over last year, about 1.55 billion scale. Among them, high-end smart phone shipments increased by 3%, mid-level smartphone shipments by 5%, low-end smartphone shipments by 8%. At the same time, the estimated global PC shipments in 2017 will be 5% lower than last year, Tablet PC shipments by 7%, consumer electronics products by 5%, as the Internet of Things shipments will grow significantly from last year 34 %.

       Zhang Zhongmou estimated that in 2017 the global semiconductor market will grow 4%, wafer foundry market growth of 7% in dollar terms TSMC this year's revenue will grow 10% over last year. Mr Cheung reiterated that the compound annual growth rate of TSMC's revenue and operating profit from 2015 to 2020 would be between 5% and 10%, and that the return on equity (ROE) was greater than 20%.