Revenue → Gross profit: $10.4BRevenue → Cost of revenue: $9.2BHPC → Revenue: $8.4BSmartphone → Revenue: $8.4BGross profit → Operating profit: $8.2BOperating profit → Net profit: $6.9BGross profit → Operating costs: $2.2BOperating costs → R&D: $1.6BOperating profit → Tax: $1.3BIoT → Revenue: $1.0BAutomotive → Revenue: $1.0BOperating costs → SG&A: $0.7BOther profit → Net profit: $0.6BDigital CE → Revenue: $0.4BOther → Revenue: $0.4BOther operating gains → Operating profit: $0.0BHPC: $8.4BRevenue: $19.6BSmartphone: $8.4BIoT: $1.0BAutomotive: $1.0BDigital CE: $0.4BOther: $0.4BCost of revenue: $9.2BGross profit: $10.4BOperating costs: $2.2BR&D: $1.6BSG&A: $0.7BOther operating gains: $0.0BOperating profit: $8.2BTax: $1.3BOther profit: $0.6BNet profit: $7.5Bcreated with SankeyArt.comHPC43%Revenue$19.6BSmartphone43%IoT5%Automotive5%Digital CE2%Other2%Cost of revenue$9.2B18% Y/YGross profit$10.4B-19% Y/YOperating costs$2.2B6% Y/YR&D$1.6BSG&A$0.7BOther operating gains$2MOperating profit$8.2B-24% Y/YTax$1.3B-2% Y/YOther profit$0.6B77% Y/YNet profit$7.5B-23% Y/YTSMC Q4 FY23 Income Statement