https://wccftech.com/tsmc-posts-fourth-quarter-revenue-and-profit-jump-beating-forecasts/

Taiwan Semiconductor Manufacturing Company (TSMC) (NYSE:TSM), reported a 16.1% rise in fourth-quarter profit on Jan. 16 as its customers continued to demand new, faster silicon for next-generation smartphones. 

The company said its revenue came in at $10.5 billion with income at $3.8 billion. This jump in revenue reflects a 10.6% quarter-over-quarter rise. TSMC's profit was well past analysts' expectations of $3.7 billion. Gross margin for the quarter was 50.2%, operating margin was 39.2%, and net profit margin was 36.6%.