Samsung cut wafer foundry pay this expense other manufacturers benefit

Samsung on the semiconductor industry view as panel optimistic, reduced foundry capital expenditures; but Citi semiconductor analysts land line reiterated to maintain the TSMC buy rating, said TSMC orders high visibility in the industry, operation management and maintain 80 yuan in the price of the stock.

TSMC conference will be held in January 26th, but analysts are mostly on TSMC's capacity utilization, order visibility optimistic to. Capacity utilization can be maintained at more than 90%, and orders visibility in the first half of this year is also clear. The industry generally believe that the first half of the boom to go light, but TSMC performance better than the industry.

TSMC shares in continuous weakness after five days, rebounded today, UMC also simultaneously rebound. The industry believes that Asian foundries are expected to reduce capital expenditures due to Samsung benefit. Lu believes that the first half of the favorable TSMC's new technology products industry environment, including the introduction of new specifications Microsoft Vista, 3G, LCD, HDTV, XBOX360, PS3, PMP, iPOD, etc..

According to estimates from Pacific Crest Research Institute, Samsung, Intel top two capital expenditure by $5 billion 500 million in the crown, but less than last year 4%, followed by the modern (Hynix) for the 12 inch plant expansion, stepping up into the flash memory (Nand Flash) capital expenditure of $3 billion 200 million, a substantial increase of 49% over last year. The wafer planes TSMC, UMC each year, about $2 billion 700 million, $1 billion 500 million were fourth and seventh. South Korea's Samsung and Intel each about $5 billion 500 million.