Semiconductor boom stronger in the second half

According to Taiwan media reports, leading foundry TSMC announced May consolidated revenue amounted to 34 billion 819 million yuan (NT, the same below), an increase of about 3% compared to April, hit a record high, because TSMC now still full capacity utilization, in the new expansion of production capacity continues to open out, expected June revenue will continue to grow, as estimated, TSMC second quarter revenue will be more than 102 billion yuan on the edge of the previous forecast. TSMC chairman Zhang Zhongmou reiterated yesterday, it seems that the second half of the semiconductor market boom will be better than the first half.

TSMC before May revenue increased 84% TSMC announced yesterday May revenue report. On the consolidated financial statements, revenue of about $33 billion 839 million, an increase of 3.5% compared to April, while the combined revenue came to $34 billion 819 million, compared with April, an increase of 3%. Accumulated in the first year of May consolidated revenue reached 160 billion 815 million yuan, representing a substantial increase of over the same period last year by 84.4%.

According to the equipment industry said that TSMC second quarter full capacity utilization rate of third quarter, still can maintain full capacity, no European sovereign debt problem, due to North Korea tensions, and Europe and the unemployment rate is still high in the external environment factors.

Corporation estimates, as long as TSMC June consolidated revenues rose to 35 billion yuan more than the second quarter revenue will reach 103 billion 600 million yuan, 100 billion yuan to 102 billion yuan is better than Taiwan interval electric previous estimates, which include the new Taiwan dollar devaluation, and 40 meters, 65/55 nano Nai strong orders, and 0.13 micron advanced process capacity is still a serious shortage, the supply gap is still about 3 into.

At Taiwan business is quite good. TSMC chairman Zhang Zhongmou said yesterday that his personal observation, the Taiwan climate is quite good, whether it is, or is the IMF (International Monetary Fund) to estimate the value of GDP this year, may have actually occurred, but does not mean that the unemployment rate will boom rapidly decline, because there are still structural the problem.

But Zhang Zhongmou is still very optimistic about the semiconductor market. He said that now remains before "the view that the second half will be better than the first half, just quarter changes, because the first half of the year has been very good, so the second half of the growth rate will slow down, such as the third quarter of this year is still in the traditional peak season, but in the second quarter period has under the condition of high value of the quarter growth rate will not as good as last year.

Effect of European semiconductor is relatively limited due to the European sovereign debt problems remain unsolved, has been derived from the market downturn doubts on demand, but Zhang Zhongmou pointed out that the debt problems may affect the local demand, but because of the world's largest semiconductor market is the North American market, the fastest growing market is China mainland. The influence of European market development of the semiconductor industry is relatively limited, so do not need to worry too much.

Zhang Zhongmou further explained that the debt problem is the most direct impact of the euro zone economies, these effects are based on the European debt problem itself, however, because the debt problem is caused by the global financial market panic caused by these irrational reaction of the continuity of the influence is more some worry.