According to Taiwanese media reports, the semiconductor prosperity gradually changed from noise to cold. Technology experts such as Tesla , Microsoft , Intel , etc. have all reported large-scale layoffs. TSMC, which maintains a high feed rate, is now rare to "encourage employees to take more vacations."
Wei Zhejia Photo source Taiwan media
Taipei SMC, which has just finished the legal person briefing, released the first message of the downward trend of semiconductor economy last week. TSMC President Wei Zhejia sent an employee letter yesterday afternoon (24th), pointing out that with the post-epidemic era, life has gradually normalized, and terminal consumption has entered a period of inventory adjustment, encouraging employees to rest more and get along with their families. Industry insiders said that TSMC's move is rare.
According to industry insiders, this internal letter was issued at 4 pm that day and was stated in a video format. The speaker of the video was Wei Zhejia. Wei Zhejia told employees that TSMC's performance in the last quarter (third quarter) broke records again, and revenue, gross profit, and pure after-tax profit all hit new highs; it is expected to continue to grow next year. Due to the epidemic, the semiconductor technology industry has been booming and ushering in the profit peak of the electronics industry. TSMC colleagues have worked hard in the past three years.
Wei Zhejia also said that as the epidemic is about to end, the market demand for remote and technological products has decreased, which has led to the global consumer electronics being inventory-displaced, which also shows that semiconductors are gradually entering a stage of returning to normal from peak periods. Therefore, the company encourages colleagues to take advantage of this period to rest and go out with their families more. However, this does not include 3 nanometers that are about to be mass-produced and R&D and process related personnel below 3 nanometers.
In response to this, semiconductor industry insiders said that it is a rare move for TSMC to personally encourage the holiday by the president. Industry insiders interpreted that although TSMC's internal letter only sent a signal to encourage holidays, compared with the semiconductor talent shortage not long ago, the signal of semiconductor recession is clearer.
Since the middle of this year, the semiconductor industry in Taiwan has hit the beginning of terminal demand and structural purchasing power of the mainland market due to the epidemic. Immediately after the rapid hike of interest rates by war, inflation, and the Federal Reserve , accelerated the reversal of supply and demand, and terminal consumption experienced a comprehensive decline in demand. First, the downstream PC and mobile phones felt the deepest. With the long whip effect, it continued to spread to the upstream. The mature process manufacturers in Taiwan, such as the world's advanced and the dynamometer of Liji Electric, have dropped sharply. Recently, even TSMC has admitted that the 7-nanometer yield rate is not as good as before, and has experienced a periodic decline.
Some indicator IC design manufacturers include MediaTek , Nvidia (Nvidia), Ultramicro (AMD), etc., and admitted that they would initiate inventory adjustments and lower financial forecasts; among them, because Intel's new products were delayed, it affected TSMC's factory expansion progress.
Taipei Corporate Statement Although the fact that the economy of semiconductors is downward and global semiconductors are expected to decline next year, except for TSMC, TSMC will still be a year of growth next year, which not only gives the market excitement, but also shows that TSMC occupies an oligopoly position in the advanced wafer foundry process.
However, it has been reported that the personnel freezes in the world and that even layoffs will occur. Microsoft recently confirmed that it will lay off again after the massive layoffs in the last quarter, mainly due to the sluggish personal computer market; Intel CEO Kissinger (Pat Gelsinger) warned employees that it plans to "targeted layoffs" in the next few weeks and will provide more details on November 1.
