TSMC March 2017 Revenue Report

Hsinchu, Taiwan, R.O.C. – April 10, 2017 - TSMC (TWSE: 2330, NYSE: TSM) today announced its net revenues for March 2017: On a consolidated basis, revenues for March 2017 were approximately NT$85.88 billion, an increase of 20.2 percent from February 2017 and an increase of 17.5 percent from March 2016. Revenues for January through March 2017 totaled NT$233.91 billion, an increase of 14.9 percent compared to the same period in 2016.

Due to a stronger-than-expected appreciation of the NT dollar against the US dollar (US$1 to NT$32 vs US$1 to NT$31.16) during the January-March period, our three-month revenue was reduced by approximately NT$6 billion.

TSMC March Revenue Report (Consolidated):
(Unit: NT$ million)

Period	Net Revenues
March 2017	85,875
February 2017	71,423
M-o-M Increase (Decrease) %	20.2
March 2016	73,089
Y-o-Y Increase (Decrease) %	17.5
January to March 2017	233,914
January to March 2016	203,495
Y-o-Y Increase (Decrease) %	14.9