news/AAPL/2023.01.12/TSMC Q4 profit up 78%, beats market expectations.txt

Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker and a major Apple Inc supplier, saw net profit for the October-December period rise to T$295.9 billion ($9.72 billion) from T$166.2 billion a year earlier.That compared with the T$289.44 billion average of 21 analyst estimates compiled by Refinitiv.($1 = 30.4420 Taiwan dollars) (Reporting by Yimou Lee and Sarah Wu; Writing by Ben Blanchard; Editing by Christopher Cushing)