6-K 1 tsm-6k_20191210.htm 6-K

tsm-6k_20191210.htm

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 December 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:	December 10, 2019		By	/s/ Wendell Huang
				Wendell Huang
				Vice President & Chief Financial Officer

TSMC November 2019 Revenue Report

Hsinchu, Taiwan, R.O.C. – Dec. 10, 2019 - TSMC (TWSE: 2330, NYSE: TSM) today announced its net revenues for November 2019: On a consolidated basis, revenues for November 2019 were approximately NT$107.88 billion, an increase of 1.7 percent from October 2019 and an increase of 9.7 percent from November 2018. Revenues for January through November 2019 totaled NT$966.67 billion, an increase of 2.7 percent compared to the same period in 2018.

TSMC November Revenue Report (Consolidated):
(Unit:NT$ million)
Period	November 2019		October 2019		M-o-M Increase (Decrease) %			November 2018		Y-o-Y Increase (Decrease) %		January to November 2019		January to November 2018		Y-o-Y Increase (Decrease) %
Net Revenues	107,884		106,040		1.7			98,389		9.7		966,672		941,643		2.7

TSMC Spokesperson:		TSMC Acting Spokesperson:		For Further Information:
Wendell Huang Vice President and CFO Tel: 886-3-505-5901		Elizabeth Sun Senior Director Corporate Communications Tel: 886-3-568-2085 Mobile: 886-988-937-999 E-Mail: elizabeth_sun@tsmc.com		Hui-Chung Su Senior Administrator PR Department Tel: 886-3-563-6688 Ext. 7125033 Mobile: 886-988-930-039 E-Mail: hcsuq@tsmc.com		Michael Kramer Project Manager PR Department Tel: 886-3-563-6688 Ext. 7125031 Mobile: 886-988-931-352 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 November 2019.
1.	Sales volume (in NT$ thousands)
			Period		Items		2019		2018
			Nov.		Net sales		107,884,396		98,389,414
			Jan. - Nov.		Net sales		966,672,310		941,642,959
2.	Funds lent to other parties (in NT$ thousands)
			Lending Company				Limit of lending		Amount Drawn
									Bal. as of period end
			TSMC China*				56,388,738		24,331,930
			TSMC Global**				401,992,926		30,505,000
			* The borrower is TSMC Nanjing, a wholly-owned subsidiary of TSMC.
			** The borrower is TSMC.
3.	Endorsements and guarantees (in NT$ thousands)：
			Guarantor				Limit of guarantee		Amount
									Bal. as of period end
			TSMC*				396,714,017		2,538,422
			* 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	127,535,574
			Mark to Market Profit/Loss	(838,707)
			Unrealized Profit/Loss	(858,146)
		Expired Contracts	Notional Amount	462,653,850
			Realized Profit/Loss	(80,130)
		Equity price linked product (Y/N)		N
		‧TSMC Partners
				Convertible Bond
		Margin Payment		-
		Premium Income (Expense)		-
		Outstanding Contracts	Notional Amount	122,020
			Mark to Market Profit/Loss	125,547
			Unrealized Profit/Loss	3,541
		Expired Contracts	Notional Amount	-
			Realized Profit/Loss	-
		Equity price linked product (Y/N)		Y

		‧TSMC China
				Forward
		Margin Payment		-
		Premium Income (Expense)		-
		Outstanding Contracts	Notional Amount	11,880,711
			Mark to Market Profit/Loss	(459)
			Unrealized Profit/Loss	(24,920)
		Expired Contracts	Notional Amount	118,086,281
			Realized Profit/Loss	(195,734)
		Equity price linked product (Y/N)		N
		‧VisEra Tech
				Forward
		Margin Payment		-
		Premium Income (Expense)		-
		Outstanding Contracts	Notional Amount	931,022
			Mark to Market Profit/Loss	1,850
			Unrealized Profit/Loss	1,485
		Expired Contracts	Notional Amount	3,092,809
			Realized Profit/Loss	(3,048)
		Equity price linked product (Y/N)		N

		‧TSMC Nanjing
				Forward
		Margin Payment		-
		Premium Income (Expense)		-
		Outstanding Contracts	Notional Amount	2,037,741
			Mark to Market Profit/Loss	(2,000)
			Unrealized Profit/Loss	2,888
		Expired Contracts	Notional Amount	29,204,749
			Realized Profit/Loss	4,472
		Equity price linked product (Y/N)		N
	(2) Derivatives under hedge accounting.
		‧TSMC
				Forward
		Margin Payment		-
		Premium Income (Expense)		-
		Outstanding Contracts	Notional Amount	6,063,621
			Mark to Market Profit/Loss	(19,299)
			Unrealized Profit/Loss	(45,299)
		Expired Contracts	Notional Amount	20,185,309
			Realized Profit/Loss	(72,864)
		Equity price linked product (Y/N)		N

		‧TSMC Global
				Future
		Margin Payment		(33,892)
		Premium Income (Expense)		-
		Outstanding Contracts	Notional Amount	4,014,458
			Mark to Market Profit/Loss	6,856
			Unrealized Profit/Loss	162,335
		Expired Contracts	Notional Amount	40,269,651
			Realized Profit/Loss	(350,900)
		Equity price linked product (Y/N)		N