Who Optimizes SG&A Costs Better? Taiwan Semiconductor Manufacturing Company Limited or ASE Technology Holding Co., Ltd.

TSMC vs. ASE: Who Manages SG&A Costs Better?

__timestampASE Technology Holding Co., Ltd.Taiwan Semiconductor Manufacturing Company Limited
Wednesday, January 1, 20141367300000024020800000
Thursday, January 1, 20151429500000022921900000
Friday, January 1, 20161509900000025696400000
Sunday, January 1, 20171576700000027169200000
Monday, January 1, 20181955200000026253700000
Tuesday, January 1, 20192238900000028085800000
Wednesday, January 1, 20202380600000035570400000
Friday, January 1, 20212719100000044488200000
Saturday, January 1, 20223038400000063445300000
Sunday, January 1, 20232593001700071464000000
Monday, January 1, 20242735351300096889000000
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Unlocking the unknown

Optimizing SG&A Costs: A Tale of Two Giants

In the competitive world of semiconductor manufacturing, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Taiwan Semiconductor Manufacturing Company Limited (TSMC) and ASE Technology Holding Co., Ltd. are two industry leaders with distinct approaches to cost optimization. From 2014 to 2023, TSMC consistently reported higher SG&A expenses, peaking at approximately $71 billion in 2023, a staggering 200% increase from 2014. In contrast, ASE Technology's SG&A expenses grew by about 90% over the same period, reaching around $26 billion in 2023. This data suggests that while TSMC's expenses are higher, they may be investing more in growth and innovation. However, ASE Technology's more conservative spending could indicate a focus on efficiency. The absence of 2024 data for ASE Technology leaves room for speculation on future strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025